Cost Controls & Financial Reports (Project Managers's Guide to Accounting Practices)

Understanding how overheads, project costs and planned profits are integral pieces of project “success”.

In this 2-day instructor-led live webinar, you will learn the causes and remedies of low productivity, overhead expense controls, impacts of revenue and cost accruals, methods supporting equipment acquisitions, project close-out evaluations and many more methods and strategies to enhance performance; deliver your projects on-time and on-budget.

This is an interactive course, not a sit and listen event. Hands-on exercises reinforce discussions of many financial processes. The comprehensive course manual is filled with methodologies and strategies that assure improved performance.

Learning outcomes

  • Major responsibilities of project managers
  • Delivering planned profits
  • Financial terms and definitions
  • Project cash flows
  • Overhead controls
  • Financial ratios and analyses
  • Major purchase evaluations
  • Why revenue and cost accruals produce reliable financial reports
  • The real costs of lost productivity with dependable improvement strategies
  • Increased profits and improved cash flow

Who should attend?

Project managers, coordinators, field supervisors, division managers, administrators, estimators,

Gold Seal Credits: 2 GS credits

dates:
Mar. 4, 5, 11 & 12, 2021
schedule:
Thu. & Fri. 8:30am – 12pm
where:
Live Webinar
instructor(s):
Mr. Wayne Newell
TCA member:
$600.00 + HST
non-member:
$650.00 + HST
INSTRUCTOR: Mr. Wayne Newell

With over 35 years financial and construction experience, Wayne Newell has amassed a library of knowledge on what makes a successful contracting business. Since 2003, he has been presenting his exclusive contracting seminars in most major Canadian cities. He was awarded his CMA in 1972.