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Project Management, the CFM and the Bottom Line: Let's Be Sure We Understand Each Other 
May 14, 2015   3:00pm - 5:00pm
  Synced Audio / Video / Slides

This course will teach Construction Financial Managers (CFMs) and their operations personnel how to use pro-active job start meetings to optimize cash flow and minimize delays, how to include change orders for better job management profit fade, and how to use the schedule of uncompleted contracts to your company’s best advantage. This course will also explore how the new controller and project manager can use project data to better manage their business and financial statements.

After this session, you will be able to:
  • Describe the project life cycle from opportunity identification to project closeout
  • Identify the documents that relate to the contract and how the project and finance team work together to minimize risk
  • Plan job startup meetings that ease administration and boost profits
  • Explain the importance of the project manager cost to complete estimate
  • Discuss the impact project estimates and actual results have on contractor financial statements

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