Accurate Project Cost Forecasting: More Than Just Revenue Recognition

Jun 24, 2013 10:30am ‐ Jun 24, 2013 11:45am

Credits: None available.

We all have to do it for revenue recognition, but how can we improve the accuracy of our projections as well as use them to improve the performance of current and future projects? This session will address this question and enable you to:
• Recognize the benefits of forecasting
• List key components to successful forecasting
• Identify how other contractors are using forecasting to improve project and company performance
• Describe how technology can improve the accuracy of forecasting

GCs & Subs: Can We Be Friends?

Jun 24, 2013 10:30am ‐ Jun 24, 2013 11:45am

Credits: None available.

The relationship between GCs and subcontractors can range from tenuous to one of great collaboration and professionalism. In this session, we will discuss ways for both GCs and subcontractors to make the best of this relationship – with “win-win” results for both.
You will be able to:
• Recognize and describe opportunities to improve the working relationship from real-life stories
• Know what works, how to impress, and what to avoid
• Contrast the dos and don’ts from both sides
• Address situations with improved approaches to communication

Building Technology into Construction: The Technology Tool Kit That Will Keep Expenses Low & Revenue High

Jun 24, 2013 1:45pm ‐ Jun 24, 2013 3:00pm

Credits: None available.

In this session, you will discover the best technology tools that can help reduce project document and data management headaches, increase collaboration, and reduce overhead spent on expensive and highly complex solutions. After a brief history of collaborative technology, you will be able to:
• Identify web-based solutions, including free general services and applications for construction financial management professionals
• Describe the ways mobile and social technology tools can be used for financial management
• Explain what the convergence of technologies and augmented reality will mean for your company

Discovering the Essentials of Peak Leadership

Jun 24, 2013 1:45pm ‐ Jun 24, 2013 3:00pm

Credits: None available.

After this session, you will be able to apply techniques to:
• Connect people, projects, processes, and objectives to your company’s long-term goals, strategies, and vision
• Actively plan and problem solve, helping employees take ownership over their work
• Bring out the best in others, inspiring them to perform at peak levels of productivity to enhance your company’s profitability

Subcontractor Default Mitigation Strategies of Tomorrow

Jun 24, 2013 1:45pm ‐ Jun 24, 2013 3:00pm

Credits: None available.

This panel session will offer insights into project risk management strategies to identify, avoid, and mitigate the impact of subcontractor default, including:
• Avoiding, minimizing, or transferring risk through the procurement and prequalification planning phase
• Focusing on project management and contract administration
• Quantifying and documenting financial losses

Share & Share Alike: Fair & Effective Subcontract Risk Transfer

Jun 24, 2013 1:45pm ‐ Jun 24, 2013 3:00pm

Credits: None available.

Subcontractors routinely accept risks passed down contractually from upstream parties, but many do not consistently pass appropriate risks down to their sub-subcontractors. As a result, a disproportionate amount of project risk resides in the subcontractor’s insurance program and, ultimately, its balance sheet. After this session, you will recognize the importance of fair but effective subcontract risk transfer and be able to explain how even a basic risk transfer program can benefit your company. You will also be ready to prepare basic steps for establishing such a program.

Dawn Peer Group: Large-Firm CFO Roundtable Discussions

Jun 25, 2013 6:00am ‐ Jun 25, 2013 8:05am

Credits: None available.

Following a brief presentation on select topics of importance to you, join your like-minded peers for thought-provoking roundtable discussions about the issues that keep construction financial professionals awake at night. Back by popular demand, this session is intended for CFOs/financial management staff of construction companies with revenue in excess of $100 million. You will have an opportunity to share best practices and hear presentations on:

• The impact of the Patient Protection and Affordable Care Act
• Incentivizing employees
• What you should know when working as an out-of-state contractor

You will benefit from being able to contrast and analyze the differing approaches to resolving these issues.

Dawn Peer Group: Medium-Firm CFO Roundtable Discussions

Jun 25, 2013 6:00am ‐ Jun 25, 2013 8:05am

Credits: None available.

Following a brief presentation on select topics of importance to you, join your mid-size contractor peers for a thought-provoking interactive session on the health of your company. This session will also provide roundtable discussions about the issues that keep you awake at night, including:

• The dangers of GC/subcontractor failures
• Employee benefits
• Applications of technology

This session is intended for the CFOs/financial management staff of construction companies with revenues of $25-100 million. Each roundtable discussion will be facilitated by a CFO peer, with participants having the opportunity to share best practices and stories of success – and even failure! You will benefit from being able to contrast and analyze the differing approaches to resolving these issues.

Dawn Peer Group: Small-Firm CFO Roundtable Discussions

Jun 25, 2013 6:00am ‐ Jun 25, 2013 8:05am

Credits: None available.

Following a brief presentation on select topics of importance to you, join your peers for thought-provoking roundtable discussions about the hot topics and issues keeping construction financial professionals awake at night, including:

• Employee benefit costs
• Succession planning
• Quality prequalification
• Improved use of technology
• Concerns over subcontractor failure

This session is intended for CFOs/financial management staff of construction companies with revenues less than $25 million. Discussions will be facilitated by CFOs and all attendees are encouraged to participate, sharing not only their challenges, but best practices as well! You will benefit from being able to contrast and analyze the differing approaches to resolving these issues.

Fraud in Construction Companies: Lessons from the Trenches

Jun 25, 2013 8:30am ‐ Jun 25, 2013 9:45am

Credits: None available.

Contractors face unique and rampant risks for fraud and abuse, and in challenging economic times, the risks increase. Join a forensic account-ant to explore some of the most common schemes perpetrated against construction companies based on real-life cases and examples of embezzlement, corruption, and financial statement fraud. With stories from the trenches and actual documents from fraud cases, you will be able to recognize how these frauds occur, as well as identify strategies to prevent and detect some of the most common scams.