# Financial Study Material

**URL:** <https://community.blackspectacles.com/t/financial-study-material/3257>\
**Category:** Practice Management\
**Created:** [July 6, 2021, 8:59pm UTC](https://community.blackspectacles.com/t/financial-study-material/3257 "2021-07-06T20:59:55Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![Lfield](https://blackspectacles.com/uploads/images/21.png) [@Lfield](https://community.blackspectacles.com/u/Lfield)\
**Post date:** [July 6, 2021, 8:59pm UTC](https://community.blackspectacles.com/t/financial-study-material/3257/1 "2021-07-06T20:59:55Z")

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I recently took the exam and although i studied for a few months, I had difficulty with the financial questions and wondered if anyone had more resources regarding the financial study materials. I have ballast books and went to all the workshops, I would like more practice exam questions in this area, with backup of answers to understand the results. I realize this is proprietary but any suggestions are appreciated.

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**Author:** ![coachdarionziegler](https://yyz1.discourse-cdn.com/flex029/user_avatar/community.blackspectacles.com/coachdarionziegler/32/1272_2.png) [@coachdarionziegler](https://community.blackspectacles.com/u/coachdarionziegler)\
**Post date:** [July 6, 2021, 9:20pm UTC](https://community.blackspectacles.com/t/financial-study-material/3257/2 "2021-07-06T21:20:17Z")

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Hi @Lfield ,

I’m sorry to hear you didn’t have a great experience on this exam. I’ve heard from many candidates that the PcM exam in particular had a lot of calculations and they struggled with time management as a result.

I actually had a similar question come up in our recent PjM workshop regarding “Changes in Cost”. I found these particular pages in the “Architect’s Handbook of Professional Practice” helpful to study in order to nail those financial questions:

Page 410: financial definitions  
Page 417: Backgrounder w/ net multiplier calculation example  
Page 439-443: Profit planning \*\* **this is a good one to look at**  
Page 636: Multiplier list (& key monitoring terms)

In addition, our expert practice question writer has been including calculations questions in the PjM & PcM weekly practice quizes due to popular demand. Check them out at the link below. The emphasis on calculations questions starts back in May.

> [@PjM Practice quiz](https://community.blackspectacles.com/t/pjm-practice-quiz/606/2):
>
> Can someone explain what this means further, what’s the traditional business model, and why is it not aligning with BIM?

> [@PcM Practice quiz](https://community.blackspectacles.com/t/pcm-practice-quiz/605/23):
>
> Thank you!

And last but not least, you can check out some of our old podcasts for more instruction on working through calculations!

> **[ARE Live Podcast - Prepare for the ARE | Black Spectacles](https://www.blackspectacles.com/podcast)**
>
> A free architect exam prep and architecture podcast to help you pass the ARE 5.0.

I recently did a PjM Workshop preview on the ARE Live Podcastand ran through some calculations.  
[https://go.blackspectacles.com/are-live/project-management-exercise-black-spectacles](https://go.blackspectacles.com/are-live/project-management-exercise-black-spectacles)

Hope this helps!  
-Darion