ARE 5.0 PM |ACTUAL QUESTIONS & VERIFIED
ANSWERS 2026-2027 UPDATED EDITION |GRADED
A+
Question 1
What are the four reasons an architect should consider professional liability insurance?
CORRECT ANSWER
1. Social Responsibility, 2. Continuing Operations, 3. Contract Requirements, 4. Business
Survival
Question 2
During the building of a pre-school and day care facility, the general contractor ran over
the allotted schedule which interrupted the client's intention to be up and running before
the beginning of the school year. The contractor is claiming that the delays are due to
weather.
Where should the architect look for information to support or challenge the contractor's
claim?
CORRECT ANSWER
Field Reports
Question 3
Each project has a unique set of circumstances related to risk level. What are four typical
ones?
CORRECT ANSWER
1. Client type, 2. standard-of-care, 3. financial, 4. project-delivery
1
@THE STUDY VAULT
,Question 4
Under what circumstances might you sign an operating agreement?
CORRECT ANSWER
When forming an LLC. (est. rules and guidelines)
Question 5
What examples of actions adhere to professional behaviors outlined for AIA members in
the Code of Ethics and Professional Conduct?
CORRECT ANSWER
1. Provide pro bono services, 2. sign drawings within responsible control, 3. advance
sustainable design practices
Question 6
What are some negative effects of falsely hiring an employee as a consultant?
CORRECT ANSWER
1. Loss of worker's compensation, 2. tax liabilities, 3. Lost employment benefit, 4.
exposure to fraud
Question 7
According to AIA Document B1010, Standard Form of Agreement Between Owner and
Architect is required to carry which types of insurance?
CORRECT ANSWER
1. Professional liability, 2. Workers' Compensation, 3. Automobile Insurance, 4. General
liability
2
@THE STUDY VAULT
, Question 8
What are the client risk probabilities an architect should ask themselves when writing a
proposal?
CORRECT ANSWER
1. Client's expectations of error-free, near perfect drawings, 2. Client's dreams exceed the
reality of their funding, 3. Clients understanding of the construction process
Question 9
What 4 project characteristics does a stipulated or lump-sum include?
CORRECT ANSWER
1. Client has extensive experience in the project type, 2. The project Scope is well-defined,
3. Hotel, hospital or other project that has many units, 4. Client must have total fee before
starting project.
Question 10
What 2 things does an architect's professional-liability insurance cover?
CORRECT ANSWER
1. Errors by current employees, 2. Claims brought by third parties
Question 11
What are typical purposes of a good, highly evolved professional training-and -
development program?
CORRECT ANSWER
3
@THE STUDY VAULT
ANSWERS 2026-2027 UPDATED EDITION |GRADED
A+
Question 1
What are the four reasons an architect should consider professional liability insurance?
CORRECT ANSWER
1. Social Responsibility, 2. Continuing Operations, 3. Contract Requirements, 4. Business
Survival
Question 2
During the building of a pre-school and day care facility, the general contractor ran over
the allotted schedule which interrupted the client's intention to be up and running before
the beginning of the school year. The contractor is claiming that the delays are due to
weather.
Where should the architect look for information to support or challenge the contractor's
claim?
CORRECT ANSWER
Field Reports
Question 3
Each project has a unique set of circumstances related to risk level. What are four typical
ones?
CORRECT ANSWER
1. Client type, 2. standard-of-care, 3. financial, 4. project-delivery
1
@THE STUDY VAULT
,Question 4
Under what circumstances might you sign an operating agreement?
CORRECT ANSWER
When forming an LLC. (est. rules and guidelines)
Question 5
What examples of actions adhere to professional behaviors outlined for AIA members in
the Code of Ethics and Professional Conduct?
CORRECT ANSWER
1. Provide pro bono services, 2. sign drawings within responsible control, 3. advance
sustainable design practices
Question 6
What are some negative effects of falsely hiring an employee as a consultant?
CORRECT ANSWER
1. Loss of worker's compensation, 2. tax liabilities, 3. Lost employment benefit, 4.
exposure to fraud
Question 7
According to AIA Document B1010, Standard Form of Agreement Between Owner and
Architect is required to carry which types of insurance?
CORRECT ANSWER
1. Professional liability, 2. Workers' Compensation, 3. Automobile Insurance, 4. General
liability
2
@THE STUDY VAULT
, Question 8
What are the client risk probabilities an architect should ask themselves when writing a
proposal?
CORRECT ANSWER
1. Client's expectations of error-free, near perfect drawings, 2. Client's dreams exceed the
reality of their funding, 3. Clients understanding of the construction process
Question 9
What 4 project characteristics does a stipulated or lump-sum include?
CORRECT ANSWER
1. Client has extensive experience in the project type, 2. The project Scope is well-defined,
3. Hotel, hospital or other project that has many units, 4. Client must have total fee before
starting project.
Question 10
What 2 things does an architect's professional-liability insurance cover?
CORRECT ANSWER
1. Errors by current employees, 2. Claims brought by third parties
Question 11
What are typical purposes of a good, highly evolved professional training-and -
development program?
CORRECT ANSWER
3
@THE STUDY VAULT
