Saturday 9 November 2013

Maximize Profits 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.

The rates at which you charge some billable hours will be different than others. After all, some jobs are more labor intensive than other jobs. You don't want to take the time to record the number of hours spent on a project or hire someone to do it for you. Either way you're losing money. You can let software handle the job that you don't have time for and don't want to hire someone else to do.

With the stress of having to deal with several jobs at one time, constrained budgets, and hard deadlines it's a wonder anyone can track the number of hours billed to a project. It's too difficult to guess how much time was spent on a project after the fact. Actually, this can be downright catastrophic if your guess is less than the actual time spent on the project. This is where software can help.

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.

Also, clients have the need to be always kept up to date about where you are at in your assignment. With software, it is as simple as a few mouse clicks to give them a full report about the progress of the job. This allows you to help the client feel like they are involved throughout the process and keep you on schedule.

Not only is keeping track of your progress helpful for the client, but it also helps you keep track of how long each stage of the process normally takes. Over time, this information can be aggregated to help you make better decisions about the possible time and cost expected for future projects. It allows you to give more accurate quotes to prospective clients and cut down on unforeseen costs.

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.

Overall, project management software for architects is an excellent way to keep track of your billable hours, keep yourself on schedule and on budget, show clients exactly what they are paying for, and keep them involved throughout the process. Also, on a larger scale, you will be able to use the information the software gathers to increase the accuracy of your quotes and make yourself more efficient. In the end, all of these things will help you make more money.




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