Tag: project management

The Ultimate Guide to Resource Scheduling Data

Effective resource scheduling is the secret weapon for architecture and engineering firms. Just like a keystone in a complex structure, it ensures project stability by balancing team capacity with project demands. This blog dives into the importance of data in resource allocation, budget management, and scope control. You’ll learn how to optimize team utilization for profitability, keep projects on budget, and ensure clear expectations are met. Discover Factor AE, a platform that empowers you to visualize this data and make informed decisions, transforming your firm from reactive to proactive project management.

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Crack the Code: Secrets to Increasing A/E Firm Profitability

Learn how to leverage data as your compass, build a strong profitability foundation, and measure your firm’s potential. Whether your firm is just starting out or looking to improve, this guide provides the insights you need to steer toward profitability. Discover strategies to increase target revenue, decrease costs, and understand the risks associated with each approach.

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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.

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5 Reasons Why Your Project Managers Should Be Tracking Percent Complete

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.

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Creating A Consistent Project Management Process for Your A/E 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.

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Managing Subconsultant Fees: A Guide for A/E Firms

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.

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