ARE 5.0 (PJM/ PCM/ PA/ PPD/ PDD/ CE): PROJECT BUDGET/ FINANCIAL EXAM 2025 QUESTIONS AND ANSWERS
ARE 5.0 (PJM/ PCM/ PA/ PPD/ PDD/ CE): PROJECT BUDGET/ FINANCIAL EXAM 2025 QUESTIONS AND ANSWERS
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ARE 5.0 (PJM/ PCM/ PA/ PPD/ PDD/ CE): PROJECT BUDGET/ FINANCIAL EXAM 2025 QUESTIONS AND ANSWERS
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Uploaded on: | September 6, 2025 |
Last updated: | September 6, 2025 |
Number of pages: | 24 |
Written in: | 2025/2026 |
Type: | Exam (elaborations) |
Contains: | Questions & Answers |
Tags: | ARE 5.0 (PJM/ PCM/ PA/ PPD/ PDD/ CE): PROJECT BUDGET/ FINANCIAL EXAM 2025 QUESTIONS AND ANSWERS |
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ARE 5.0 (PJM/ PCM/ PA/ PPD/ PDD/ CE): PROJECT BUDGET/ FINANCIAL EXAM 2025 QUESTIONS AND ANSWERS Pro Forma - ....ANSWER ...-Projected financial statements of future values: expected project generated income vs. expected project building costs. - Developed in order to determine whether the project is likely to be financially successful. Bldg. cost factor - ....ANSWER ...-- *Scope (Project size)* - *Quality* - *Construction Cost* Bldg. cost variable factors? - ....ANSWER ...-- *Quality*: quality level of materials/ systems/ construction - Quantity - Funds - Time - Location (urban/ rural): labor rates/ material prices/ transportation (One cannot be changed without changing one or more of the others) Scope vs. Cost - ....ANSWER ...-- Perimeter-to-floor area = increase unit cost ...©️ 2025, ALL RIGHTS RESERVED 1