In a fast-track project the client may achieve savings in financing costs and holding charges and be rewarded with an earlier cash flow, building ...

In a fast-track project, contract documentation is usually prepared in a series of trade packages. This necessitates fragmented design, which can ...

Checklist for architects considering their own involvement in non-traditional methods Who will be the client? What will the relationship be with the ...

Two projects, which sought proposals from prospective alliance partners, gave identical descriptions of the project approach. The projects were the ...

Where an architect provides a service on the basis of hours worked it is necessary to establish a charge out rate which reflects the total cost per ...

All architectural practices should seek to make a profit. Normally, a profit is achieved if there is a surplus of earnings over costs. Profit is ...

Depreciation is an expense reflecting the decline in value of assets over time, such as buildings, plant and equipment as they are put to use by a ...

Signs that indicate that the contractor may be financially unstable include: submission of a claim followed by a request for payment in a reduced ...

In managing the cost of a project relative to the agreed budget, there are many variables that can be manipulated. It is in the process of juggling ...

The building industry – including quantity surveyors, building owners, planning authorities etc – uses a variety of methods of measuring building ...