Tag: wiley

Mini Quiz: Risk Management

Mini Quiz from RMSM Studio on the Management of Risk For Architects

Risk Management is one of the key concepts in all stages of design. This is because whenever you are creating a building, you must always assume some risk. This is an essential concept for both Practice Management and Project Management. In the Wiley AHPP Guide for the Project Management (PjM) Exam, under the Risk Management chapter, they just say “All”. It’s that important. I hope you enjoy this mini quiz and as always, let me know how you did in the comments.

Question 01

Which types of firms will some underwriters have hesitation insuring?

  • Those with low deductibles
  • Those that don’t provide construction administration services
  • Those with a high number of inexperienced employees
  • Those using the AIA contract document suite

Question 02

Jay York, Esq. is an attorney who has been hired by Jasmine Board Architects. They have been hired to review their proposed insurance policies. Which of the following policy’s should Jay mark for further review with Jasmine Board Architects?

  • Indemnification for those not party to the Agreement
  • Client indemnity to architect for misuse of the architect’s drawings
  • Defending the Owner against third-party claims
  • Mutual indemnities between architects and consultants
  • All of the above

Question 03

Select all problematic words from the advertisement below created by Diedre Lock Associates:

Question 01

Those that don’t provide construction administration services

There is a high number of claims that arise when an architect only provides pre-construction services, as they are not there to defend themselves or their drawings.

Incorrect Answers

  • Those with low deductibles – Deductibles with another insurer would not affect another company’s coverage.
  • Those with a high number of inexperienced employees – As long as there are staff available that are qualified to complete the projects on hand, the number of inexperienced employees is irrelevant.
  • Those using the AIA contract document suite – Using a the standard AIA contract documents means that an insurer specializing in construction would be more likely to insure you, due to the industry’s familiarity with them.

Question 02

Policies that should be reviewed, due to being unmanageable risks, are:

  • Indemnification for those not party to the Agreement
  • Client indemnity to architect for misuse of the architect’s drawings
  • Defending the Owner against third-party claims

Incorrect Answers

Mutual indemnities between architects and consultants is actually a beneficial policy for an architect’s agreement. Study B101 8.4 for a good model of policies.

Question 03

The problematic words in this advertisement were:

  • Ensure
  • Best
  • 100% Completion
  • All
  • Assured
  • Thorough
  • Best
  • Guaranteed

I hope you like this mini quiz. Let me know how you did in the comments, or on the RMSM Studio Facebook page.

If you’re studying for Practice Management, feel free to check out my other Mini Quiz on the AIA A201 Document and my post on passing the PcM Exam. I have also created a one-page study guide based on the methods I used to pass PcM on the first try.

If you’re studying for Construction & Evaluation or Project Management, check out my Mini Quiz on the AIA C401 Contract.

All of my recent practice questions are also available for you to scroll through below, or on the specific page I’ve created for them at the top of the website:

If you want to find other great practice tests, you can also have a look at my One Minute Reviews, where I give my feedback on ARE study materials in under a minute.

#ARE100Challenge Day 1: Starting My Challenge

Thank you to everyone who expressed interest and support in this challenge within the ARE test taking community, especially within the ARE Facebook Group. After introducing the challenge, I thought it would be a good idea to share my own journey with using it.

My initial plan was to start the #ARE100Challenge the same day that I released it, but I decided to push it back for a few reasons:

  1. My tests, like many others, were rescheduled. As soon as the notice from NCARB regarding the cancellations, I decided, with COVID-19, that I didn’t want the additional stress of an uncertain test date on top of everything else. So my next test is scheduled for July.
  2. I have difficulty retaining information from too far back in the past. Even if I started studying now, I’m sure that I would end up forgetting a lot of the concepts I learned back in April.
  3. I wanted to take a break to reassess my priorities and get in the right mindset for studying. Rescheduling my exams took a lot of motivation out of me, and my head wasn’t in the right space.

So I am starting my countdown timer from the first day: You can find the link to my #ARE100Challenge Countdown from Day 60 here.

#ARE100Challenge Graphic. Created by RMSM Studio.

ARE 100 Challenge Countdown: 60 Days Left

HOUR COUNT: 0 OF 100 HOURS

Studying for: construction & Evaluation (CE)

challenge step: step 1. Read All required Textbooks first!

My goal for today and the next few weeks is to read as many of the main textbooks for my exam. This includes the AHPP, Ballast, and some of the Kaplan books which I’ve been able to purchase to give me a general understanding of the Construction Administration topics.

I’ve already completed the Wiley/Namour Wright Guide for the Architect’s Handbook of Professional Practice. However, tied into the concept of me losing things if I haven’t studied them recently, I would prefer to read them as second time as the last resource within this Challenge Step.

I feel like one thing this challenge allows me to do is be focused on one material at a time, instead of trying to jump from reference to reference. Cross training with different mediums is important, from audio lectures, to videos and practice exams. However, I believe cross training will come more into play once I have learned the essential concepts for this exam.

I will mainly be using the Clockify website to track my hours for this challenge, as it is a really easy interface for me to use. I’ve described how I used it to pass PcM here, along with other digital tools. I also plan on sharing a live webinar this month, on using Clockify to study more effectively for the ARE exam, so keep an eye out for that announcement.

Want to Participate in the #ARE100Challenge?

Download the Challenge Rules, and share your progress on social media using the #ARE100Challenge hashtag. Share your study materials, tips, diagrams, breakthroughs, frustrations, and successes on Facebook, Instagram or Twitter.

Record your progress and study hours daily or weekly it’s up to you!

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