PCM pass- 1/2 way there!

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    Elif Bayram

    Merhaba (Hi!) Osman!

    Congratulations on the pass! I will be taking PCM in early August and I am worried that I don't have enough time. I passed CE (actually passed CDS in 4.0 version) and PJM so far and did some reading on PCM while studying for PJM but we will see...

    I feel comfortable with contracts and delivery methods and currently reading PCM related AHPP sections. I am weak on Finances yet and was wondering what kind of math questions PCM section has? And are they as many or as hard as PJM..? PJM math questions were easy for me so I am hoping once I finish studying on finances I will be able to manage PCM math questions too. Mainly I am reading AHPP and listening Hardin lectures. I have read Ballast PCM section before and will do Ballast exam and Designer Hacks exams until I reach %85-90. Do you have any other recommendation on test material? Since you were in a similar situation before taking PCM, I am also wondering how did you feel about the amount of overlap between PJM, CE and PCM..?

    Thanks for sharing your experience and good luck with the other half! 

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    Sanjay Rajput

    What Chapters should I focus on in AHPP for PCM? 

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    Osman Bilger

    Merhaba :) 

    Dont stress about finances. Just understand this paragraph and think about what could be asked.Its simple math after you understand how you go from one number to another. 

    My takeaway was that firms have labor they can bill to projects and unbillable labor+profit that needs to be made up from the hours we bill to the projects(this is how multipliers are created). Understand what is billable and non-billable(admin, marketing, so on..) Understanding overhead, utilization, and balance sheets is a very important tool to gauge the financial health of your firm. All from ch 7 AHPP. Dont worry about being an accountant. Just understand the concepts. 

    The important thing to focus on is speed. Change the numbers in AHPP and recreate tables. Time yourself. 

    . PJM and PCM have a ton of overlap. Not so much CE.Make sure to revisit the IPD delivery method. Good luck

     

    and Sanjay

     

     http://narmourwright.com/wp/wp-content/uploads/2017/10/AHPP15e_ARE5_PCM.pdf

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    Elif Bayram

    Thanks Osman! As per your recommendation I checked AHPP to study tables but There are too many tables on Chapter 7, can you please give a specific table or page that you studied on? 

    Also, do you remember how many case questions you had at PCM? My timing on cases was really bad on PJM and there were 22 case questions so I am worried to have as many again

     

    Thanks!

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    Osman Bilger

    Id focus on 7.4

    I dont remember the quantity of questions (20?), but they're not hard. Just show up well rested and you will be fine

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    Elif Bayram

    Thanks so much! Insallah:))

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    Sanjay Rajput

    Thanks for the info, will integrate this in my study schedule! 

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