"Fee Management" is a straightforward professional guide for architects about calculating and negotiating fees to maximise profits. The advice puts equal emphasis on good administrative procedures and on the softer skills of negotiation and selling the architect's unique ability to add value to construction projects. Packed with worked examples and comprehensive in its coverage, it explores how to evaluate costs, explains the anatomy of a fee offer, and advises on getting paid. Outlining the essential management tools for keeping track of the whole process, this is an easy-to-read guide.
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Fee levels, fee management and fee recovery are key to the survival of a practice, but since the abolition of the fixed fee scales these factors have been sources of difficulty for many architects. This guide sets out to demystify the whole subject and to explain how the fee for a project can be calculated or estimated from historical data. It has been said that the value of good design really pays but how do you quantify it? There are no simple solutions to establishing the right fee for the job but this book sets out to explain how to calculate your resource requirements, what margin to allow, valuing your work, incentive fees, percentage fees, fixed lump sum fees, variable lump sum fees, time charges, percentage ceiling fees, risks and any other factors which need to be considered. It all so explains how to monitor your performance and how to go about getting paid.
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