Scribd Logo
Upload

Welcome to Scribd!

  • 67 views

    Blog 04-Balili Lizahmelisse G PDF

    Uploaded by

    Liz V
    The document discusses the importance of understanding the business side of architecture. It notes that architecture school often does not provide adequate training in business practices. Two common fee structures for architects are discussed: lump sum agreements and hourly agreements. The document stresses that architects must be sensitive to clients' budgets, as construction projects typically represent large expenditures. Overall understanding of business practices can help architects manage projects efficiently and be more successful.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Blog 04-Balili Lizahmelisse G PDF

    Uploaded by

    Liz V
    67 views2 pages
    The document discusses the importance of understanding the business side of architecture. It notes that architecture school often does not provide adequate training in business practices. Two common fee structures for architects are discussed: lump sum agreements and hourly agreements. The document stresses that architects must be sensitive to clients' budgets, as construction projects typically represent large expenditures. Overall understanding of business practices can help architects manage projects efficiently and be more successful.

    Original Title

    BLOG_04-BALILI_LIZAHMELISSE_G.pdf

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    The document discusses the importance of understanding the business side of architecture. It notes that architecture school often does not provide adequate training in business practices. Two common fee structures for architects are discussed: lump sum agreements and hourly agreements. The document stresses that architects must be sensitive to clients' budgets, as construction projects typically represent large expenditures. Overall understanding of business practices can help architects manage projects efficiently and be more successful.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    67 views2 pages

    Blog 04-Balili Lizahmelisse G PDF

    Uploaded by

    Liz V
    The document discusses the importance of understanding the business side of architecture. It notes that architecture school often does not provide adequate training in business practices. Two common fee structures for architects are discussed: lump sum agreements and hourly agreements. The document stresses that architects must be sensitive to clients' budgets, as construction projects typically represent large expenditures. Overall understanding of business practices can help architects manage projects efficiently and be more successful.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    9/8/2019 Business of Architecture

    All Posts

    lizah balili a few seconds ago 2 min read

    Business of Architecture
    BALILI, LIZAH MELISSE G.
    BS ARCHITECTURE 4-3

    I. INTRODUCTION

    Architecture is a broad topic indeed because of the many things it can relate with. It just not
    deals with the philosophies and concepts architects conceived and the hard work architects
    have spent in learning the process of how to make a structure. Years are also spent in school
    to learn and gain knowledge of how to operate cad and other software useful in the field of
    architecture. Having a full grasp of architecture may be acquired in full practice. Another
    instance is learning about the business of architecture.

    II. DISCUSSION

    Having adequate knowledge about the business of architecture is essential if you are in the
    field because your success and profit highly depend on this. The business of architecture is
    usually not elaborated in architecture schools. As a result, students eventually graduates not
    having knowledge about it and they are usually placed in the field having no clue about it.
    Without basic knowledge in the business of architecture, one cannot be an effective
    architect. The better understanding of the design fee for a project can help you manage
    your time efficiently. Also, it will increase the chance of your project to be successful and
    profitable.

    The most common fee structures between an Architect and Owner are a lump sum
    agreement and an hourly agreement. A lump-sum agreement is also called a 'fixed fee'
    agreement because the owner and architect have agreed to a set amount. The benefit of a
    lump sum is that both the owner and architect know the total contract amount at the
    beginning. In addition, there is a potential for higher profits if the team is efficient and the
    project is done earlier.

    A client's budget is also involved in the business of architecture. An architect must be


    empathetic to this situation. When an owner invests in the construction of a building this is
    likely the largest expenditure they will ever make.

    III. CONCLUSION

    A large or small architecture firm both need a plan for generating new business. The most
    effective business development strategies for architects involve more time spent on

    https://techniparagon.wixsite.com/lizahbalili/news/business-of-architecture 1/2
    9/8/2019 Business of Architecture

    proactive relationship-building.

    1 view

    Recent Posts See All

    Design in Nature Construction Management ARCHITECTURAL


    MATERIALS
    BALILI, LIZAH MELISSE G. BS BALILI, LIZAH MELISSE G. BS
    ARCHITECTURE 4-3 I. ARCHITECTURE 4-3 I. BALILI, LIZAH MELISSE G. BS
    INTRODUCTION Nature and INTRODUCTION The practice of ARCHITECTURE 4-3 I.
    design are somewhat the most… architecture started long befor… INTRODUCTION A building’s
    materiality is what our bodies…

    1 Write a comment 1 Write a comment 1 Write a comment

    lizah balili

    Write a comment...

    Publish

    https://techniparagon.wixsite.com/lizahbalili/news/business-of-architecture 2/2

    You might also like