A successful architect knows how to craft exceptional designs that stand the test of time. An architectural business should know how to execute those designs from idea to construction consistently and at a profit. Success in architecture requires precise project and financial management, along with effective customer relationship management. Only some firms have access to…
Since the role of an architect is inherently creative, it is hard to put a price on every dash. However, to keep utilization and billable hours high, architects need to understand how much what they’re designing will cost so that they’re not setting client expectations too high or having to fix blueprints later. Homegrown or…
In the highly competitive A&E marketplace, knowing and anticipating a project’s expenses correctly provides a definite advantage when competing for a contract. But, even in the best of circumstances, cost estimating is complicated and there are myriad risks and uncertainties to consider. First, it’s important to understand the complexity of cost estimating. Companies should invest…