Practice Management Retake
I failed my Practice Management Exam. I am so demotivated on taking other exams. I found it to be extremely hard. I thought I was pretty thorough with what I studied in the Ballast Review Manual. I read through the contract documents as well. The wordings on the exams was so difficult. There were so many mathematical problems that i wasn't prepared for. I solved many papers on PPI but it was way easier that the real exam. I really need some guidance on going about solving this exam again after 2 months. Would appreciate suggestions.
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I highly recommend Designer Hacks for PCM and PRJ for the math problems. They have videos on the most important ones and walks you through how to do it. I would almost go as far to say if you memorized all the answers to the non math questions you'd almost pass with it alone as it covers a ton of the major points.
That said don't lose motivation just think of it as a practice test. All the study material is expensive for these tests anyways lol.
I would highly recommend Amber Books if you want to get some motivation back and feel you have made progress in learning for your career as a whole vs just the test. After going through it I feel it helped me get about 85% of what I would spend months studying in a few hours and the 15% left was me getting into the nitty gritty details of what I needed to know better. Such as contract clauses vs contract in general and the actual hard math problems. -
Hi Sindhu,
When I first took PcM I also saw how difficult the exam was and how unprepared I was for it; totally failed it. However, like Christopher said, treat it as a practice test. The reality is, failing an exam is commonly part of the process for obtaining your license, and taking the opportunity to learn from failing the exam is what will help you bounce back for your next attempt.
That being said, I used Architect Exam Prep and Hyperfine Architecture for studying material. They both have practice exams that have a good amount of math problems that I personally find quite similar to the actual exam. I found that Hyperfine Architecture in particular has more resources for understanding the financing questions, as they have a financial workbook and videos that break down the formulas to understand their applications.
Keep up with reviewing your study materials; the more you understand the how's and why's to the PcM objectives, the less likely the wording on the exams will appear difficult. You have what it takes to pass the exam. Good luck!
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Thank you Sally for your words of encouragement. I too find Hyperfine Architecture to be super useful. I have currently started studying for PCM, PJM and CE as I noticed that the material overlaps to a great extent. I am being positive each day and studying hard for the exam!! Thanks again for your reply. Really appreciate the motivational words!
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Thara Messeroux
PCM has financial questions related to Firm finances. Whats your overhead, whats your break even.
PRJ has financial questions related to Resource Management. You figure out your labor budget (how much money is left to pay people to work on the project. You then calculate how many hours so and so can work on the project. Its much easier to go through an example than type it out.
For Hyperfine Architecture you can find it here https://hyperfinearchitecture.com/pcm/
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