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Prof Prac (4)

Authored by Richard Aldeen Bugayong Verzosa

Architecture

Professional Development

Used 126+ times

Prof Prac (4)
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25 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This method of compensation for architectural services is the most common worldwide.

Percentage based on Project Construction Cost

Multiple of Direct Personnel Expense

Unit Cost Method

Value-based Pricing

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The remuneration under this method is based on cost per square meter of the project such as room, store, buildings or other unit.

Unit Cost Method

Value-based Pricing

Percentage based on Project Construction Cost

Lump Sum or Fixed Fee

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The remuneration under this method is based on the outcome of revenue, cost and profitability result of a project engagement or based on a measurable profit on specific revenues by the Client.

Value-based Pricing

Unit Cost Method

Lump Sum or Fixed Fee

Time basis

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

are fees which are charged on an agreed-to hourly (man-hours) or daily (per diem) or per month rate.

Time-based fees

Lump Sum or Fixed Fee

Percentage of Gross Rentals

Unit Cost Method

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

lt establishes an agreed fixed rate or lump sum over and

above the reimbursement for the Architect's technical time

and overhead.

Professional Fee Plus Expenses

Per Diem, Honorarium plus Reimbursable Expenses

Per Diem or Hourly Basis

Salary cost times a multiplier, plus direct cost or reimbursable expenses

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This method is particularly suited to engagements

involving intermittent personal service.

Per Diem or Hourly Basis

Professional Fee Plus Expense

Lump Sum or Fixed Fee

Time basis

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Manner of Providing Services under PRE-DESIGN SERVICES (SPP Doc. 201) are as follows EXCEPT:

Scope of Work

Manner of Payment

Owner's Responsibilities

Other Methods of Compensation

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