Beyond the basics for studying

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    Randall Hunter

    Calvin,

    You should absolutely use the Full 15th edition of AHPP. The student version has a lot of holes in it as far as the exam is concerned. I would also recommend reading and understanding the actual contracts along with listening to the lectures. At least for me, listening to audio on something I don't already have somewhat of a grasp on is much more difficult to learn. 

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    Shaelena Morley

    Hi Calvin,

     

    A big help for me was reading through the actual contracts. You can download samples from NCARB for studying purposes. There are also some really helpful resources elsewhere on this thread. Check out this thread for a great matrix of financial terms. And here the link to the AIA lecture really solidified the application of the financial terms for me.

    Finally, I would also recommend using the full 15th edition of AHPP. It’ll come in handy for multiple exams.

    Hope this helps!

     

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    Alex Ginard Cordoba

    Hi Calvin, 

    The AHPP 15th edition is a great resource, not only for the exam, but beyond! You should have it. It help me to pass PcM in my first try. I only studied the chapters marked by Kevin Griendling and the contracts. No additional study materials. I need to say that Kevin did a very good job marking those! 

     

    Follow the link below for a discussion and markups:

    https://are5community.ncarb.org/hc/en-us/community/posts/219597667-Study-Materials

    Hope this can help you a little bit,

     

     

     

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    Louis Mari

    Hi Calvin,

    I just passed PcM.  By far the most important resource for PcM is the AHPP.  If you purchase it new, there is a DVD in the back of the book with an online code that directs you to the sections that are relevant for PcM, to the page. 

    That being said, it's pretty tough to stay engaged if you try to read the AHPP straight through, and therefore difficult to retain. It's not the most entertaining read by any stretch of the imagination, and overly verbose. Much of the text can be made much more pithy by removing superfluous language; point cans be made much more succinctly.  

    The most efficient way to study, for me anyway, is to continually do as many practice problems and tests as you can.  Ballast, Brightwood, etc.  The question format is exactly what you'll see on the exam, so you get used to it, plus it forces you to learn the most relevant information in the most succinct way possible.  Also, the answers to the questions explain not only what the right answer is, but why the other answers are wrong, which is incredibly valuable to help truly understand the topics. 

    For PcM, know the different business structures and the advantages of each; know different insurance policies, what they cover, and who the liable party is; know the accounting practices like overhead rate, net multiplier etc and how to calculate them

    Good luck. 

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    Jessica Fleming (Edited )
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    Ryan NCARB

    Hi everyone.  I wanted to let you know that I removed the two posts with the direct link to the free AHPP.  As an organization, we take the confidentiality and security of our exam very seriously, including copyrighted material, so we feel we need to do the same for others.  The AHPP is an invaluable resource as a professional, but it isn't a part of public domain (like some ICC material is) and we do not have any copyright agreements with Wiley/AIA for the AHPP (like we do the AIA docs).

    Thanks for understanding and please just be mindful of this as you share resource and study materials.

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