Maximizing ROI in Renovation vs. New Construction Projects
When it comes to real estate investments, whether you’re a developer, property owner, or an architect advising clients, deciding between renovating an existing structure or starting new construction is a pivotal choice. On average, buying a pre-existing home costs around $120 per square foot, whereas building a new one can cost closer to $150 per […]
Craft Winning Proposals for Your Architecture Firm
As of 2023, there are 72,393 architectural businesses competing in the U.S. market, according to IBIS World. In this crowded field, standing out requires more than just showcasing expertise; it demands a proposal that truly resonates with potential clients. A powerful proposal goes beyond listing qualifications—it tells a compelling story that connects with clients, reflecting […]
How to Ensure Quality Control with Remote Architects
A survey by Owl Labs revealed that 31% of hybrid or remote employees would consider leaving their jobs if required to return to the office full-time, while 22% would be dissatisfied with such a change. Remote work not only helps retain employees but also boosts productivity, underscoring its growing importance as a viable option for […]
Workflow Strategies for Remote Architects on Large-Scale Projects
According to the 2021 AIA Compensation Report, 72% of architecture firms offered full-time or nearly full-time remote work options to employees in 2020. This shift reflects the growing prevalence of remote work in the industry, especially as firms tackle large-scale projects that require collaboration across multiple locations. Remote architects, once a rarity, have now become […]
The ROI of Promoting Sustainable Architectural Practices
In architecture, sustainability is no longer just a buzzword—it’s a necessity. In fact, a new study from Dodge Data & Analytics indicates that the design and construction industry prioritizes green building. As the world grapples with environmental challenges, the architectural industry is pivoting towards sustainable practices, driven by a combination of regulatory pressures, client demand, […]
10 KPIs that Matter in Architecture
According to a survey, 96% of metric-driven companies that set and track their KPIs meet some of their targets, while 41% achieve all their targets. In the architecture industry, Key Performance Indicators (KPIs) are essential tools for measuring the success and efficiency of projects and overall business operations. These metrics provide valuable insights that help […]
Building a Strong Remote Architecture Team: Best Practices
With advancements in technology and the growing acceptance of remote work, architecture firms are increasingly building strong remote teams. A survey by Monograph reveals that only 13% of architecture firms continue to work exclusively in the office, highlighting the effectiveness of remote teams in this field. These teams offer unparalleled flexibility, access to a global […]
How to Manage Engineering Project Timelines and Budgets
Managing engineering projects can be a complex and challenging endeavor. These projects often involve multiple stakeholders, tight deadlines, and constrained budgets. Moreover, compounding these challenges is the fact that many organizations are struggling to find qualified project managers and planners. A survey by KPMG revealed that 45% of organizations report a shortage of skilled project […]
How AI is Transforming Design and Construction
In a McKinsey survey, 64 percent of respondents believe that AEC (Architecture, Engineering, and Construction) technology will yield higher returns compared to investments in other industry sectors. At the heart of this technological revolution is artificial intelligence (AI). AI is a game-changer, enhancing design precision and streamlining construction processes like never before. In this blog, we dive […]
How a Well-Staffed Architecture Team Speeds Up Projects
Meeting project deadlines is crucial in architecture. According to McKinsey & Company, 98% of large-scale construction projects end up costing at least 30% more than initially planned. Delays can lead to increased costs, dissatisfied clients, and a damaged reputation. On a positive note, maintaining a well-staffed architecture team is one of the most effective strategies […]