RESEARCH_BMA
RESEARCH_BMA
ACTIVITY SHEET
A.Y. 2024 – 2025
2nd Semester
Architecture goes beyond designing structures; it also involves a business aspect that necessitates strategic
planning, financial oversight, and strong leadership to succeed. Incorporating business management
concepts into architectural practice is crucial for guaranteeing the sustainability, efficiency, and success of
architectural firms and their projects. As the sector progresses, architects need to adopt management
approaches that improve operations, boost client satisfaction, and foster innovation.
A crucial element of business management in architecture is financial strategizing. An architectural firm must
oversee budgets, distribute resources effectively, and guarantee profitability while preserving design quality.
Estimating costs and budgeting are essential in project implementation, as poor financial management may
result in delays and losses. Moreover, comprehending revenue sources—like design fees, consulting fees,
and project commissions—assists companies in sustaining stability and expansion.
Project management represents another vital aspect of business in architecture. Extensive projects
necessitate careful planning, scheduling, and collaboration among multiple stakeholders, such as engineers,
contractors, and clients. Successful project management guarantees that deadlines are achieved, risks are
reduced, and quality benchmarks are maintained. Technologies like Building Information Modeling (BIM) and
project management software are crucial in optimizing workflows and improving efficiency.
In architectural business management, marketing and client relations hold equal importance. Building a
robust brand and reputation attracts prospective clients and enhances business prospects. Architects need
to cultivate networking abilities, establish connections with clients, and promote their services successfully.
Social media, career portfolios, and growth strategies help sustain a competitive advantage within the
industry. Technology and innovation are transforming the architectural business environment. Digital
technologies, eco-friendly design methods, and intelligent building strategies are revolutionizing the
conception and execution of projects. Keeping abreast of technological progress enables companies to
provide innovative solutions and stay competitive in an ever-changing market.
DHVSU envisions of becoming one of the lead universities in the DHVSU commits itself to provide an environment for the holistic
V ASEAN Region in producing globally competitive professionals M development of students to become globally competitive