The Factor team created The Pulse after repeatedly working with project managers who were failing to find software that could help them properly manage their projects. With this collection of tools, The Pulse is unlike anything else currently offered by an A/E project management platform.
Mastering A/E Project Management: A Checklist for Selecting the Right Software For Your Architecture Firm
Don’t choose project management software for your architecture firm without reading this checklist! Selecting the right software can be a difficult and time-consuming process. Making sure the software you select meets all the needs listed below will help ensure you select the project management software that is right for your business.
One of the critical aspects of project management is tracking progress, which is where the concept of percent complete comes into play. Percent complete is a measure of how much of a project has been completed at any given point in time, expressed as a percentage. In this blog post, we will explore why percent complete is important to track on lump sum/fixed fee and hourly not to exceed projects in your firm.
There are so many interconnected aspects of a project that need managed: budgets, timelines, tasks, resources… To do so effectively across a portfolio of many projects, your firm needs an effective and consistent process. The best way to start formulating or improving this process is by identifying the information about each of those subjects that will be tracked and then determining how often they should be reported. Think of it like an inventory of sorts.
Investing in an industry-specific firm management system can be daunting. However, organizations that implement the right solution almost universally find that their new software drives tremendous process improvements and profitability increases, and that the system pays for itself in no time!
QuickBooks Online (QBO) is a powerful financial tool that pairs well with architecture and engineering (A/E) project manager platforms. But to migrate your data to QBO efficiently and effectively, you’ve got to know the benefits of making the move and how to prepare properly for it.
Architecture and engineering (A/E) firms use various methods to manage the fees of subconsultants (subs) within their projects. Ideally, all the various subconsultant scenarios a firm encounters could be handled in a system that combines project management and invoicing capabilities. Unfortunately, most project management software is designed to handle only one or two scenarios at best. Here is a breakdown of more common scenerios and best practices on how to handle them.
For architecture and engineering (A/E) firms, resource planning is both an art and a science. You’ve got to consider several variables, including team capacity, project timelines, and client budgets. Fail to consider all of these factors, and projects can go “off the rails” very quickly!
If you generate invoices manually every month, you probably don’t look forward to that task. And, if you’re committed to providing precisely the information each client wants to see in a layout that makes sense to them, you face an even more significant time commitment. There is an easier way! Technology can bring you a variety of invoice templates that will satisfy the requests of your A/E clients.
Times are changing. Employees no longer plan to stay with one firm for decades—particularly if it becomes clear that they won’t be getting the role they’re focused on. They want to be PMs and they want to start their training asap. That means A/E firms have to be intentional about how they “groom” their talent if they want the best employees to stick around.