Friday, 8 November 2013

Make More Money With Project Management Software For Architects

By Rachael Gutierrez


No matter what industry you are in, there is always a more efficient way to keep track of your billable hours. Any inaccuracy or flaw in your system can cause you to lose money. The same can be said for architects and their billable hours. There is a solution to this conundrum, however. Project management software for architects is an excellent way to record your billable hours and progress of your jobs.

Not all billable hours are the same. Some hours are more expensive than others, and it's not a good idea to try to maintain good records by yourself or increase your own costs by bringing on another staff member just to keep track of your hours. However, by using software you can keep excellent records and make more money.

When you're working on multiple jobs at one time and working under tight budgets and deadlines it is easy to underestimate the amount of time and money spent on a certain project. Sometimes your estimates will be too high, and sometimes they will be too low. Either way, it is bad for your business. Software can also make it easier to keep your job on time and on budget.

Not only will this information help you keep better records, but those records will also help your client see what they were billed for when they receive their invoice. A line item bill, with the number of hours spent on the project at each phase of the process, is always a welcome sight to a client. Not only are they confident that they are not overpaying, but you can be confident that you are not undercharging.

Not only are you able to bill more efficiently, but you will actually be able to involve your client in a way that lets them know the progress of the project. It is incredibly easy to send your client a progress report as the project moves along. Also, this allows you to hold yourself accountable to the budget and the deadline you are working under.

This information is not just helpful in the short term, but also in the long term for you as the architect. You will be able to study the amount of time you spend on different phases of a job and use that information to formulate more precise quotes for future jobs. This will allow you to be more confident in the accuracy of your bids.

Not only will you be able to give more accurate quotes the future clients, but you also be able to track your work to see how you can become more productive. You will be able to see what aspects of a project take longer and, with that information, make better use of your time. As a result, you will be able to finish jobs faster and make more money.

In short, project management software for architects will allow you to increase productivity and profits by keeping better track of your billable hours and helping you stay on schedule and on budget. You also have the ability to show the client a line item breakdown of what they were billed for and even keep them up to date with the job as it moves forward. Finally, the software allows you to aggregate all of this information to help you work smarter on future jobs.




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