When we started Fresh Projects in South Africa in 2014, one of our 'clever' features was a built in fee calculator based on published fee guidelines. Over the years we have supported the following fee guidelines in our embedded fee calculators:SACAP 2012SACPCMP 2012ECSA 2014ECSA 2015SACAP 2015SACQSP 2015ECSA 2016SACAP 2020But having …
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Project budgeting for architects can sometimes seem like an impossible task. In our latest guide, we explain how to successfully tackle this critically important process.
Scope creep is something that project managers in architectural firms have to be alert to whenever they are managing an architectural project. If scope creep is allowed to go unaddressed, it can ultimately jeopardise the profitability and viability of the entire business.
Inflation and the Covid-19 pandemic have inevitably impacted the profitability of architecture practices. According to the annual RIBA state of the industry, Business Benchmarking Summary, overall practice revenue was down by 15% in 2021 compared to the 2020 report. Unsurprisingly, there was nearly a third in reduction of revenue from …
There are various pricing methods for architects, and while there are few guarantees regarding profit levels, there are some good practices to follow. In our latest article we look at how you can price your architecture services
I often host workshops with architects on practice management. One of the exercises I do is to ask the audience to calculate the cost rate of a fictitious architect, given a set of financial and timesheet data.So far (and hundreds of architects have made the attempt), no one has worked …
