PCM was difficult, prepare properly

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    Marie Samek

    So glad I'm not alone in feeling this way! I took PcM on 3/3 and somehow managed to pass, but I was shocked at how difficult it was. This was my third exam and for my first two, CE and PjM, I felt like the practice exams were more difficult than the real thing; I had the exact opposite impression from PcM! I took both Black Spectacles and NCARB practice tests in preparation for all my exams so far. You must know your B101 and C401 contracts like the back of your hand, pros/cons and reasons for selecting many different types of business structures, and be VERY comfortable with ALL the accounting formulas and relationships between the terms: NOR, overhead & break-even rates, net multiplier, etc. etc. 

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    Rebekka O'Melia (Edited )

    Hi James,

    It is a difficult exam.  The pass rate is 50%!  I cringe when I hear some folks say they are taking it as a first exam.

    AHPP is your best resource, but firm management is something that your typical intern isn't exposed to in practice.  I echo Marie's list of what to study.

    Rebekka O'Melia, R.A., NCARB, B. Arch, M. Ed, NOMA, Step UP ARE 5.0 Courses

     

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