These are the most important financial calculations and terms you need to know for PcM and PjM. Learn these well and you have a good chance of success on the exams. There are a couple dozen terms it would be good to know, but if you start with these seven you'll be in good shape.
This video in blog form:
https://hyperfinearchitecture.com/7-f...
01:30 Net Operating Revenue
06:45 Direct Labor
10:10 Indirect Labor
12:44 Utilization Rate
17:44 Overhead Rate
20:58 Break Even Rate
26:50 Net Multiplier
My full PcM & PjM Study Course (including Financial Formulas Workbook)
https://hyperfine.teachable.com/p/pcm...
More on Utilization Rate
https://hyperfinearchitecture.com/are...
More on Overhead Rate and Break Even Rate
https://hyperfinearchitecture.com/are...
Hyperfine Backstory on Bryn Young’s Podcast
https://hyperfinearchitecture.com/pod...
Hyperfine Backstory on Katerina Burianova’s Podcast
https://hyperfinearchitecture.com/pod...