ASSIGNMENT

There are 7 key indicators of financial performance of which you need to be aware. 

1. What are these indicators?
2. In your own words, define Utilization Rate
3. What’s a good utilization rate? What’s too low? Is there a too high?
4. Can you figure out your own personal utilization rate?

EXERCISE

What’s the utilization rate for the employee shown below?

REFERENCES

YouTube | Hyperfine
ARE 5.0 - Utilization Rate for PcM/PjM
Note: Contains answers to this assignment. Maybe watch this after you've tried on your own.

EntreArchitect
7 Key Financial Performance Indicators for a Successful Architecture Firm
Note: This article is written by the author of, and covers similar content to, the AHPP section listed below.

AIA
High Performing Firms: By the Numbers

Architects Handbook of Professional Practice
Read Section 7.2 and pg 421 Direct & Indirect Time

Young Architect
PcM Practice Management 101 Course
PCM 101: Lesson 2.1

EXTRA READING ASSIGNMENT

AIA B101-2017 - ARTICLE 2

Note on all AIA Contracts:

AIA removed all the free samples. You can only view them as images now, not very useful. Good news is all the AIA contracts are available within your NCARB account.

Here are some instructions I found:

Candidates must log in to select the AIA Contract Documents Examination Resources link under Quick Links or visit AIA's ARE resource page.