Free Webinar: How to Estimate Fees (An Architect’s Guide to Success)
Architects: Ready to start mastering fees and better understand what they mean for your bottom line? We’re excited to be joined by Douglas Teiger, FAIA, founder of Teiger Consulting, for an insightful new webinar that will demystify the process and help you (and your firm) become more profitable.
As a bonus, architects can receive 1 AIA Continuing Education Credit for this event, courtesy of BQE! Hit the button below to sign up for the talk, which will take place at 1pm EST on Wednesday, February 8th:
In this free live session, you will learn how to define your project scope, develop a Rough Order of Magnitude of construction cost, and estimate your project hours. We’ll finish off with how fees are broken down and explore a simple system to improve your overall project profitability.
By the end of the session, you will learn how to:
- Identify the correlation between project scope, estimated cost of project, and fee.
- Develop a Rough Order of Magnitude (ROM) of construction cost in a simple way.
- Create a top-down approach to fee estimation based on a percentage of costs as a guideline.
- Estimate fees whether hourly or fixed fee projects.
- Define how many hours you have in each phase and how to manage those hours.
Join Douglas and Paul for what promises to be an engaging presentation — there will also be an opportunity to ask Douglas any questions you may have around estimating fees, improving your profitability and more. You can register for the talk here — we hope to see you there!
About Douglas
Douglas Teiger, FAIA, graduated from Cornell University, in 1982 with a BARCH. He opened his own firm in 1989 and grew from a solo practitioner to become managing partner of his 32-person firm. In 2009, Douglas received a Master’s in Spiritual Psychology from USM, where he learned tools and skills he is sharing with his staff and clients. His ability to effectively streamline the operations allowed for more time to be spent on design and project research while creating a culture that fosters a holistic approach to a work life balance.
In 2017, he served as President of the AIA Los Angeles Chapter and previously served on the AIA National Strategic Council. In 2019 Douglas transitioned out of his firm elevating three associates to partners, sold his shares and started his next venture, Teiger Consulting. Douglas’s mission is to “live an inspiring balanced life” whether it involves family, coaching, consulting, painting, or sports.
About Paul
Paul Keskeys is Editor in Chief at Architizer. A registered UK architect, Paul graduated from UCL and the University of Edinburgh, gaining an MArch in Architectural Design with distinction. Paul has spoken about the art of architecture and storytelling at many national industry events, including AIANY, NeoCon, KBIS, the Future NOW Symposium, the Young Architect Conference and NYCxDesign. As well as hundreds of editorial publications on Architizer, Paul has also had features published in Architectural Digest, PIN—UP Magazine, Archinect, Aesthetica Magazine and PUBLIC Journal.