When the coronavirus pandemic forced architecture and engineering (A/E) firms to shift to remote working, it shed light on some critical failings in how companies view the technology they rely on. And while COVID-19 brought pain and suffering to businesses and families alike, there will be some lasting benefits from the lessons that A/E firms learned.
Historically, architecture and engineering (A/E) firms have been led to believe that in order to be successful, they have to choose between being practice-focused or business-focused. However, we now know that it is perfectly okay and often times, better, for firms to fall into the gray area
The math for deriving utilization rate is easy. However, the real-world application of this simple formula to people—in particular those who work for architecture and engineering (A/E) firms—and their productivity isn’t nearly so clear cut.
Financial management systems for architecture and engineering (A/E) firms understandably focus on profitability and budgets. However, in some instances like the sharp decline in revenue that firms are grappling with as a result of the COVID-19 pandemic, cash flow is temporarily the top priority.
Effective project planning has always been important for architecture and engineering (A/E) firms. The stresses put on them by the COVID-19 pandemic have made it even more critical that they can schedule the time of their team members, keep the plan accurate, and use that information to make smart business decisions.