Thursday, October 31, 2013

Increasing Revenue With Project Management Software For Architects

By Rachael Gutierrez


Everybody knows that one of the most difficult things associated with working in freelance is maintaining the number of billable hours associated with each job. Architects are not excused from this fact. Any time your records are not accurate, you are letting money fall through your hands. The solution to this problem is project management software for architects.

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.

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.

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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