Saturday, October 26, 2013

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Maximize Profits With Project Management Software For Architects

By Rachael Gutierrez


It's a well-known fact that anyone who works as a skilled service provider is always looking for a better way to track billable hours. After all, if you are not tracking your time accurately, you are losing money. Architects are no no exception to this problem. However, with project management software for architects, you can keep better track of your billable hours and project timetable.

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.

Also, this information will be helpful to you as the architect, because you will be able to compile data on how much time you spend on different phases of the job. This data will be very helpful in the future for developing a better way to increase the accuracy of your bids on jobs and help mitigate unexpected increases to your budget.

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.

All in all, project management software for architects is the best way to maintain records of hours billed, increase the accuracy of your records, show your clients what they are being billed for and keep them up to date on the progress of the job. The software also helps you get a better sense of the bigger picture in that you will be able to study your own working habits over time and increase the efficiency of your work. As a result, you will see your profits increase.




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