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438: Key Financial Metrics for an Architecture Firm with Hugh Glazer

Business of Architecture Podcast

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Project Management

The project team should everybody should have a target utilization rate and that's the percentage of their work week that we anticipate that's going to be directly on projects versus overhead things like meetings or doing simple things like your timesheet. We have a way to measure against that and that's how you that that issue or folks that might say well don't put them in the FTE number and the net revenue employee it's it's the utilization performance that catches that because generally overhead or administrative people have a zero utilization expectation. The more information you're aware of the better, right? It's the things that are happening that you don't have an opportunity to see that can catch up on you and sneak

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