Monument

Fixed and hidden fees

A stage's revenue is calculated from its resourcing by default. Override it with a fixed fee by hiding the calculated revenue and setting a fixed amount.

By default, a stage earns what its people earn: Monument calculates its revenue straight from the hours you've allocated, multiplied by charge-out rates. That's perfect for time-based work โ€” but plenty of architecture work is sold as a fixed fee, an agreed lump sum that doesn't move with the hours.

Here's how to price the Concept Design stage of Riverside Apartments as a fixed fee instead.

The idea: revenue is just a list of items you control

A stage's revenue isn't a single locked number โ€” it's a list of revenue items that add up to the total. The allocation-based revenue (hours ร— rate) is just one item in that list. So switching to a fixed fee is two simple moves:

  1. Hide the calculated, allocation-based item so it stops counting toward the total.
  2. Add a fixed-amount item for the agreed fee.

Hiding doesn't delete anything โ€” it keeps the calculation around (handy for sanity-checking your margin) but leaves it out of the total.

Override the calculated revenue

  1. 1

    Select the Concept Design stage and open its revenue breakdown.

  2. 2

    On the calculated, allocation-based revenue item, click the visibility toggle to hide it from the total.

    Step 2
  3. 3

    Add a new revenue item and choose Fixed Amount.

  4. 4

    Name it Fixed Fee and set the amount to two hundred thousand dollars.

    Step 4

Manage the margin by tuning resourcing

This is the real point of a fixed fee: the revenue is now locked, so your profit is whatever you don't spend delivering it. The fixed amount drives the stage's projected profit, and you shape that profit by adjusting the resourcing underneath it โ€” fewer senior hours, a lighter allocation, a different mix โ€” until the margin is where you want it.

So a fixed fee turns the financial question around: instead of "what will this earn?", it's "what can we deliver this for?"

Gotchas

  • The total didn't change when I hid the item. Hiding only affects items that contributed โ€” if the stage had no allocations yet, there was nothing to remove.
  • Fixed fee plus visible calculated revenue double-counts. If you add a fixed fee and leave the allocation revenue visible, the stage earns both. Hide one.
  • A fixed fee ignores the hours by design. Over-allocate and the revenue stays put โ€” only your cost (and margin) moves.

Where this fits next

A flat fixed fee is the simplest override. Often the fee should derive from something โ€” a percentage of construction cost, say. That's formula-based pricing, next.