This method of compensation is based on technical hours spent and is only applicable to non-creative work since the value of design cannot be measured by the length of time the designer has spent on his work. This is usually used for works such as accounting, secretarial, research,data gathering preparation of reports and the like.
STANDARDS PROFESSIONAL PRACTICE

Quiz
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English
•
Professional Development
•
Medium

Rem Kulnakool
Used 21+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
PCC
MDPE
PFPE
LUMP SUM OR FIXED FEE
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is the most common method of compensation which is also fair to both the client and architect.
Percentage based on Project fee
Professional fee plus Expenses
Lump Sum or fixed Fee
MDPE
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A statue specifying the period of time within which legal action must be brought for alleged damage or injury
LEASE
STATUE OF FRAUDS
STATUE OF LIMITATION
LEASEHOLD
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A list of instructions stipulating the manner on which bids are to be prepared
INSTRUCTION TO BIDDER
CLOSED SPECIFICATION
STATUE OF LIMITATION
PERFORMANCE BOND
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A stipulation of the use of specific products or processes without provision for substitution
BID
CLOSED SPECIFICATION
PERFORMANCE BOND
CERTIFICATE OF PAYMENT
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An offer to perform the work prescribed in a contract at a specified cost
BID
PERFORMANCE BOND
CERTIFICATE OF PAYMENT
QUOTATION
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Means to built in, mount in position, connect or apply any object specified ready for the intended use.
INSTALL
PROVIDE
WORK
FURNISH
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