what is a principal at an architectural firm
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Principal Architect Job Description Samples Principal Architect Job Description Samples. A principal architect is a licensed and experienced design professional who usually holds a senior management position at an architectural firm. According to the American Institute of Architects (AIA), this individual is often a co-founder or partner of a firm, in which both parties usually have previous experience of working together.
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What is the 'Principal-Agent Problem' The principal-agent problem is broad enough one that it can be found in a wide variety of contexts. An example of how the principal-agent problem occurs between ratings agencies and the companies (the principals) that hire them to set a credit rating.
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What are the responsibilities of the principal in a company? Principal is a term with many meanings. As it relates to business, a principal can range from a company's representative dealing with a contractor to the company's leader. Some companies have a specific position identified as the principal, and these positions often represent key members of the leadership team. Principals handle client and business relationships and develop the mission and strategic vision for the firm.
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Principal: Home / Glossary / Principal. The principal, with regard to a surety bond, is the person or party that is required to perform the obligation in a surety bond agreement. The risk associated is based on the principal's ability to perform the required obligation. When the principal fails to meet the obligation, the potential for a claim on the bond arises.
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- Principal vs. principle. As a noun, principal refers to (1) one who holds a presiding position or rank, and (2) capital or property before interest, and it’s also an adjective meaning (3) first or most important in rank. The head of a primary or secondary school is a principal. Principle is only a noun.
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CDM 2015 principal contractor duties The role of principal contractor involves: 1  Planning, managing, monitoring and coordinating the construction phase of a project. 2  Consulting and engaging with workers. 3  Liaising with the client and principal designer.
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PRINCIPAL Principal is used also to denote the more important; as, the principal person. In the English law, the chief person in some inns of chancery is called principal of the house. Principal is also used to designate the best of many things as, the best bed, the best table, and the like. contracts.
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Principal Law and Legal Definition Principal Law and Legal Definition. Agency is an agreement, express , or implied, by which one of the parties, called the principal, entrusts to the other, called the agent, the management of some business; to be transacted in his name, or on his account, and by which the agent assumes to do the business and to render an account of it.
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- Each principal is responsible for: 1  determining the organization of the school and ensuring ongoing maintenance of the school buildings; 2  administering the school's budget; 3  student admission and placement;  maintaining student 1  records; ensuring report cards are sent to parents;
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What are the responsibilities of the principal in a company? Principals have different roles depending on the nature of an individual business, but the universal responsibility of a commercial business principal is significant influence. Some principals are also the founder, owner and CEO. Others own a large portion of company equity and sign off on major decisions.
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Assistant Principal Careers: Job, Education and Salary Information An assistant principal, also known as a vice principal, is an entry-level position in educational administration that helps the principal in the overall running of the school. The job is fast-paced and requires multitasking to hold a leadership position in interactions with students, teachers and parents.
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Architectural Job Captain  Salary A project lead or lead architect oversees a team of architects and draftsmen working on a architectural project. The architectural job captain oversees the work of architects and draftsmen, reporting progress and issues to the project lead as needed. They ensure that the team stays on schedule and executes schematics that conform to the requirements of the project leader or designer.
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principal Definition of principal for Students. 1  1 : the head of a school. 2  2 : a leading or most important person or thing. 3  3 : a sum of money that is placed to earn interest, is owed as a debt, or is used as a fund.
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What is an Architect? Jordan Goldstein, managing director and principal of one of the world's top architectural firms, Gensler, became an architect at age 5. At the time, his parents were house hunting, and they'd bring him along to see the different options.
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Architect of the Capitol The Architect of the Capitol (AOC) is the federal agency responsible for the maintenance, operation, development, and preservation of the United States Capitol Complex, and also the head of that agency.resident Jefferson appointed him to take over work on the building in 1803 and construction was halted in 1811. During the War of 1812, the Capitol was burned by British troops, prompting President Madison to reappoint Latrobe as Architect of the Capitol and conduct repairs.
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Selling Guide Principal Residence Properties. A principal residence is a property that the borrower occupies as his or her primary residence. The following table describes conditions under which Fannie Mae considers a residence to be a principal residence even though the borrower will not be occupying the property. Borrower Types Requirements for Owner-Occupancy
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What Is a Reinstatement of a Mortgage? The cost to reinstate a mortgage can sometimes be significant. Property owners falling behind on their mortgage payments risk default and eventual foreclosure by their lenders. Once you've defaulted on your mortgage, usually after two to three months of missed payments, catching them back up and paying lender fees can be difficult. Catching up your defaulted mortgage's missed payments and its associated late fees and lender pre-foreclosure charges is known as reinstatement. When you reinstate your mortgage, you're restoring it to its original condition and resuming your agreed-to payment terms and schedule. Mortgage Loan Reinstatement Most states, including California, allow property owners defaulting on their mortgages to reinstate their loans and avoid threatened foreclosure.
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- — usually + of. 1  He is the main/chief/principal architect of the country's foreign policy. 2  an architect of the peace proposal. 3  She earned praise as the architect of a new school program.
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Principal Status An individual's status as a principal is determined by the individual's 1) ability to control a registrant's business activities; 2) formal title or position with the registrant; and 3) financial or ownership interest in the registrant.
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principal Principal. A source of authority; a sum of a debt or obligation producing interest; the head of a school. In an agency relationship, the principal is the person who gives authority to another, called an agent, to act on his or her behalf.n investments and banking, the principal refers to the person for whom a Broker executes an order; it may also mean the capital invested or the face amount of a loan. A principal in the first degree is the chief actor or perpetrator of a crime.
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- A company is a principal either because it is a general partner of a partnership or based on its ownership or financial stake in a registrant. Unlike individuals, a company's status as a principal based on ownership or capital contribution is determined solely by its direct relationship with the registrant. company is a principal either because it is a general partner of a partnership or based on its ownership or financial stake in a registrant. Unlike individuals, a company's status as a principal based on ownership or capital contribution is determined solely by its direct relationship with the registrant.
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Best Practices in Law Firm Administration and Administrators: Skill Sets of Superior Law Firm Principal Administrators The most common example of this is marketing and business development — functions that often are the bailiwick of the firm’s chief marketing and business development officer to the exclusion of the principal administrator (i.e., when the CMO does not report to the principal administrator).
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What Does a Principal Architect Do? A principal architect serves as one of the owners in an architectural design firm. In a single-person firm, the founder not only serves as the principal architect, but also handles all business and design decisions on his own.
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- Answers. Best Answer: A principal of a company is a non-legal term that means one of the primary persons -- either the owner, proprietor, sole shareholder, director, president, managing partner and the like.nswers. Best Answer: A principal of a company is a non-legal term that means one of the primary persons -- either the owner, proprietor, sole shareholder, director, president, managing partner and the like.
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Difference Between Principal and Managing Principal “Principal” refers to “chief or main”; it is used as an adjective and as a noun. In the financial world, “principal” refers to “principal capital” or “principal sum,” which is the money invested by a person on which certain interest is calculated.
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- Principal. The relationship between the principal and the agent is called the agency, and the law of agency establishes guidelines for such a relationship.