Taking fee calculations beyond the hours
Watch this webinar for a comprehensive discussion on fee calculations that go beyond project hours. Learn about different models for setting fees and key elements to be considered, such as innovation, risk, skills and front end value. The session also includes a test drive of the latest iteration of the ACA’s Time Cost Calculator Guide, exploring new functionality and frequently asked questions. Originally held 13 August 2024.
NOW AVAILABLE TO PURCHASE ON DEMAND
The discussion covers the following topics:
- How to calculate a fee
- The sorts of things we should be taking into account
- How to value the front end of a project more – in terms of what we bring to the table.
- The risks that we’re being asked to wear and how they should be considered in the calculation
- Examples of different approaches used in practice
- How to successfully use the Time Cost Calculator guide and recent updates to –
- Value innovation and include risk
- Calculating fees for different projects, each with its own overheads, hours and fees.
- Consider different procurement types and service levels – from only documentation to all services.
- Deal with repetition in projects, such as multi-storey apartments.
OUR SPEAKERS
Paul Viney is the President of the VIC/TAS Committee and National Vice-President of the ACA. Through the VIC/TAS branch, Paul has led the development of a range of tools for the use of ACA members nationwide, such as the Time Cost Calculator and Salary Calculator to assist members in running effective, efficient and profitable practices. As President of the ACA-VIC/TAS Committee, he is committed to facilitating stronger relationships with government and other key organisations in the construction industry; and working collaboratively with all architectural organisations to achieve the best outcome for the profession. Paul is Director of FPPV Architecture, Melbourne and Director of JAI Architecture, Thailand.
Sarah Bennett is a Director of Six Degrees, with a focus on Finance and Business strategy. Sarah is also a valued member of the ACA VIC/TAS Branch committee of management, working closely with Paul in related research for industry advocacy. With over 20 years’ experience in management, Sarah has deep respect for the culture of creative organisations and is a skilled facilitator, able to engage with a wide variety of people for effective problem solving and business planning.
Glenn Fleisher is founder and Director of The Business of Architecture. Glenn has held senior positions within organisations in numerous industries including finance, petroleum, property development, manufacturing and retail. From 2001 he spent 16 years intimately involved in the management of NH Architecture, with roles including Business Manager and Finance Director. Glen founded his business in 2018 to use experience gained within the architectural industry to provide assistance to architectural practices in areas of the business where industry specific advice and solutions are not necessarily readily available.
COST & BOOKING
Members $30 incl GST
Non-members $60 incl GST
One ticket per person. Make a booking below or visit the booking site.
CPD
Completion of this 1 hour webinar and submission of the self-checked assessment task will deliver 1 formal CPD point.
Learning outcomes – Attendees will improve their understanding of the range of factors to consider in forming fee proposals; examples of different approaches; how to more effectively use tools and information to aid fee negotiations, to account for different project and contract types and for benchmarking practice overheads.
Units of Competency and Performance Criteria: Practice Management and Professional Conduct – PC2, PC4.
APBSA Core Area – Practice Management
Links will be provided for recording access and CPD questions. Please complete questions after viewing the webinar in its entirety. Certificates will be provided following online submission of answers to questions. Please keep your receipt, completed questions and certificate for your CPD records.
CONTACT
For any questions, please contact Katherine Ygosse webinars@aca.org.au.