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What is JCost and why should architects use it?  

The answers to this question lie in the business model of an architectural practice.

In order for a practice to be successful, your time is the central ingredient. If you sell your time for less than you pay for it, the project in question is undoubtedly going to be unprofitable.

However, as a practice, on a day-to-day, week-to-week, or month-to-month basis, you must be charging your time out at more than you are paying for it.

As a project progresses, you need to be in touch with how much it is costing you on a week-to-week basis. Equally, it is useless if staff are completing their timesheets only once, at the end of the month. In this case, they will not accurately record their time and the management team will not be in a position to know the true accurate hours. Thus, timesheets end up being only estimates.

JCost is a software solution that was designed by Engineers and Architects to ensure that: 1) projects are accurately quoted up-front; 2) the status of the project is visible to management team at any point through reports; 3) the most appropriate people are allocated to the stage of the project that best suits the company; 4) staff are utilizing the same data through a web-based tool instead of individual data on separate PCs; and finally, 5) the end result will be greater profitability for the firm.  

Time Logics also caters to the smaller practice. Since the JCost solution is web-based, there is no implementation required and the training is minimal, ensuring a quick and seamless transition.

 

 

 

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