How much time would you spend on executing the LCC?

By ShabnamNoor

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    • #4440
      AvatarShabnamNoor
      Participant

      Hi Guys,

      How much time would you spend on executing an actual LCC for which you are charging £1000?

      I  figured out that for my LCC if I do a site visit, a couple of sketches and the planning/permit requirements it ends up taking 3-5 days and charging £1000 doesn’t even cover the cost of staff time spent on those tasks. So my thoughts are that maybe I am spending too much time on this and should find an efficient way to execute to reduce the time spent on it.

      Alternatively, I could  just increase the price to £2000. Would be interesting to hear how much time other architects are spending on this?

      Thanks,

      Shab

    • #4441
      AvatarShabnamNoor
      Participant

      Hey Guys,

      I think I have found my answer after going through the LCC module a couple of times. This is supposed to be a pre-design advice and we shouldn’t be spending time on the concept sketches just yet. For our target Niche “Luxury Home Renovations”, I have thought of the following LCC. This would include the following:

      • Free Phone Consultation (30 mins to sell “Needs and Options Review”)
      • Site visit (2-3 hours incl. travel)
      • Basic planning analysis and constraints (2 hours)
      • Interactive workshop with client at our office to formulate their brief (1-1.5 hours Something like RightTrack workshop)
      • Freehand Sketches (Just a couple) – (2 hours)
      • Outline Budget (30 mins)
      • Project Team – who else would be required (30 mins)
      • Results in the report format (2 hours)
      • Price: £1500 ( The clients spend at least £250,000 on their project so this is a small amount to ask for)

      Overall I would be spending 10-12 hours on something like this which means £150/hour in the best case scenario which is really good value for our time.

      Would be testing this soon with prospects. I would love some feedback so please share your ideas/critique mine.

      Thanks,

      Shab

       

       

    • #5869
      AvatarTimAlatorre
      Participant

      Shab,

      Here are my thoughts.  I’m just getting started and you’ve been doing these for a year so I would be interesting in hearing how your process has evolved.

      I don’t do the interactive workshop in office, I do all of my interviewing and exploration on site which saves a few hours and I still get enough information to do a reasonable analysis.  I also only spend about 20 minutes on sketches.  My LLC’s have a pretty standard template now so I can plug in the information pretty easily which means it takes about an hour to do the report.  All in, I’m averaging about 6 hours per LLC.

      Tim

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