I took PjM and then PcM 3 weeks apart and passed them both. It was definitely an accelerated stressful schedule but I believe a lot overlaps. I even had a 5 day vacation in between. I also must say that I took CD's (ARE 4.0) twice and work at a firm where knowing the AIA contracts in and out is just part of every day life due to all public, Design-Bid-Build projects. I would highly recommend taking and passing CE in 5.0 before taking PjM or PcM.
Here is what I studied and what I noticed taking the test today
Ballast 5.0 PcM reading, practice quizzes, and test. I believe this is the best material to prepare you, BUT you definitely can't use this alone. I felt that the practice test was harder than the actual test
Designer Hacks - although its very light and basic, it is very cheap compared to everything else and I think you should take their quizzes and tests while studying.
Schiff Hardin Lectures - a MUST MUST MUST listen to them over and over and really understand what he is covering. These lectures helped me pass CD's, PjM, and PcM
Pluralsight ARE 5.0 PcM lectures - these are great, basic, podcasts to get you started, and so much better than reading! All you need is a prescription to Pluralsight for $30/ month
Again, I studied multiple times for 4.0 CD's, passed that, and studied and passed PjM. Knowing and passing those tests definitely made this one easier.
Do not go crazy learning and memorizing all of the accounting terminology in the Ballast 5.0 study material. Know net multiplier, utilization rate, overhead rate, and breakeven rate like the back of your hand. Otherwise, don't stress over all of the accounting terms.
Really really really know all of the office / firm organizations (LLC, Corp, partnership, ect.) and the structure, positives, and negatives of each.
really really really know the different deliveries of service and the positive and negatives of each.
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