Project Fee Budgeting for Architects Sadly, there’s no way for an architect to guarantee their projects will be profitable, let alone earn a minimum 20% Net Profit at the completion of any project. There are however ‘best practices’ to apply to ensure that a project is profitable and to even successfully earn a minimum Net […]
Behind The Design 003:
Canal House
by The Ranch Mine
Project Name Canal House Project Location Phoenix, AZ Firm Name The Ranch Mine Architect’s Name Cavin Costello Project Design Team Cavin and Claire Costello Consultants MPE Engineer, Structural Engineer, and Civil Engineer Firm Address 4340 E Indian School Rd. Suite 21552, Pheonix, AZ Website URL www.theranchmine.com Instagram Account @theranchmineofficial Photography Credit Roehner + Ryan Photographer […]
What Was I Thinking?
Four Lessons in Telling the Truth
My First Assignment Many years ago, before Annmarie and I started our residential architecture firm, I was a project manager with Kaeyer, Garment & Davidson Architects in Mt. Kisco, New York. I worked very closely with the senior partner at the time, Dick Kaeyer. My first assignment as Project Manager was a major addition and […]
How Project Accounting Will Transform Your Architecture Firm
Take the Time to Examine Project Financials—You Won’t Regret It Your projects have many moving parts, and sometimes tracking their financials might seem overwhelming. You might not get all the information you want or maybe, you don’t even bother to determine the profitability of each project because it would involve too much time. It’s completely […]
Every Architecture Project
Has Four Corners
Begin with Intention Effective project execution is associated with successful achievement of design intent, high-quality construction, profitability and efficiency. Effective management indeed rests in part with a project manager’s ability to deliver a quality project on time and within the approved fee. But profitability and efficiency of design and production are not the only markers […]
Limit Their Stress By Limiting Their Choices
When performing our Design Development phase with clients, we typically assist them in selecting all their finishes, plumbing fixtures and lighting. It’s an Additional Service, but one that most clients are happy to have us complete. The process of selecting is completed most efficiently when we discover and learn, through questionnaires and images, what our […]