This course on pricing and cash flow for architectural projects draws from 26 years of the instructor's experience in finance consulting for small businesses, including architecture firms. Participants will explore critical concepts such as pricing formation, cost structures, and cash flow management, all presented through practical Excel exercises. It's designed to help both architects and architecture students better understand the financial aspects of their projects.
What you'll learn
Understand the process of pricing formation for architectural projects
Analyze fixed and variable costs
Calculate hourly costs and pricing
Create cash flow projections for projects
Compare project cash flows with financial statements