Monday, 28 October 2013

Make More Money 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.

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.

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.

With this ability to see your time spent on multiple projects over a long period of time you will also have the ability to make yourself more efficient. You will be able to evaluate what parts of a project take the longest which will help you be able to find ways to prioritize your time. This will not only help you become more efficient, but also help you complete more jobs and bring in 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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