Monday, November 4, 2013

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.

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.

Additionally, because you are able to better track your billable hours, it will be easier for your clients to understand what they're paying for when they get their invoice. With the software you are guaranteed to be able to bill your client accurately and increase your income. This would give both you and your client peace of mind when it comes time to pay the bill.

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.

Finally, all of this information as a conglomerate will allow you to work smarter instead of harder. You will be able to decrease the inefficiencies in your work schedule and increase the number of jobs you are able to complete. In the end, this will allow you to increase your profits over time.

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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