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Monday
10:45am - 12:00pm EDT - July 19, 2021
Track: Accounting & Finance
Credits Available:
1.00 Economics

With a detailed, data-driven performance update of the global, national, and relevant regional economy, this presentation gives special attention to key aspects of economic life, including trends characterizing financial, real estate, energy, and labor markets.



Objectives:
  • Recognize the manner in which COVID-19 impacted global, national, and regional economies
  • Identify likely long-term structural shifts facing key economic segments
  • Characterize the likely pace of economic recovery in 2021 and beyond
  • List the primary policy responses to the crisis
  • Detail several critical sources of future economic risk
Monday
12:30pm - 01:30pm EDT - July 19, 2021
Track: Accounting & Finance
Credits Available:
1.00 Accounting

Accounting and reporting issues in the construction industry are constantly changing. In this session, you will hear the latest accounting and standards updates on FASB, AICPA, Private Company Council and others that could impact the construction industry. Future projects that FASB is considering will also be shared with the attendees.


Monday
12:30pm - 01:30pm EDT - July 19, 2021
Track: Human Resources
Credits Available:
1.00 Personnel/Human Resources

This session will also be available for On Demand CPE credit in the new year.

Construction companies today are dealing with the greatest workforce shortage our industry has ever faced. The investments employers make in hiring smart, training well and building relationships with employees will pay dividends in reduced turnover, stronger workforce to maximize project opportunities, improved safety and productivity. This session will look at ways that companies of all sizes can integrate practices at each phase of the employment cycle to enhance employee engagement and reap the benefits of an engaged workforce.



Objectives:
  • Define what employee engagement is and what benefits having truly engaged employees can bring to an organization.
  • Discuss how we can engage our employees - the basic fundamentals that each employee requires in order to engage with an organization, and how we can build on the fundamental efforts to take engagement to the next level.
  • Examine when during the employment life cycle the opportunities to engage employees exist. Looking beyond the typical milestones to identify ways to continuously engage and re-engage the entire workforce.
Monday
12:30pm - 01:30pm EDT - July 19, 2021
Track: Leadership
Credits Available:
1.00 Management Services

This session will also be available for On Demand CPE credit in the new year.

This seminar teaches how the impact of acute and critical stress on people in combat and law enforcement is similar to its impact on those in business. With this insight, attendees will learn tactics to overcome the effects so they can perform their best and become the more effective leaders.



Objectives:
  • Identify the physiological impact that acute and critical stress has on the body so they know why people act the way they do in chaotic scenarios. This knowledge will help develop crisis resolution leadership skills.
  • Apply and practice specific tactics and drills to continuously increase their ability to overcome the effects of critical stress and perform better and leading more effectively while building a strong culture of production.
  • Recognize behavioral cues of effective teams so they can better promote a strong culture of production while also learning how to identify and eradicate behaviors that weaken culture.
Monday
02:15pm - 03:30pm EDT - July 19, 2021
Track: Specialty Trade
Credits Available:
1.50 Business Law

This session will also be available for On Demand CPE credit in the new year.

The global Covid-19 pandemic presents employers with many complications and concerns regarding their legal rights, obligations, and recourse in the event of a Covid-19 related dispute. As companies begin to fully re-open for business, employers should stay informed and follow steps to reduce their potential liabilities, claims, and ensure a safe work environment. This presentation will outline the current CDC and OSHA guidance on returning to work, discuss other current labor and employment issues, summarize potential insurance claims / coverage available to employers, and importantly, discuss force majeure and other legal doctrines that will likely be applicable to a Covid-19 related dispute.



Objectives:
  • Gain an understanding of the legal concerns and issues the event of a Covid-19 related dispute.
  • Identify about specific practices to potentially reduce their potential liabilities, claims, and ensure a safe work environment.
  • Explain the current CDC and OSHA guidance on returning to work, potential insurance claims / coverage available to employers, and and other legal doctrines that will likely be applicable to a Covid-19 related dispute.
Monday
02:15pm - 03:30pm EDT - July 19, 2021
Track: Human Resources
Credits Available:
1.50 Personnel/Human Resources

This session will also be available for On Demand CPE credit in the new year.

The last 12 months have ushered risks to health plans the likes of which employers have never seen before. Single Rx prescriptions costing in excess of $1million and large complex claims rising by over 40% in incidence has quietly, but dramatically, increased the risk to contractors. This session will cover these and other risks and emerging trends to mitigate/socialize the costs. Further, we will evaluate popular "solutions" such as Insurance Captives - and debunk the myths/misinterpretation of these vehicles. We will use the lessons learned to help contractors manage their risk and spend.




Objectives:
  • Gain risk mitigation strategies to manage the volatility of employer health plans
  • Identify and implement coverage/options to limit exposure
  • Implement best practices for more complex areas of health plan financing such as stop loss purchasing and large claims management
  • Identify pitfalls of wellness programs and how to avoid them. Apply these learnings and build a "winning" program for your organization.
Monday
02:15pm - 03:30pm EDT - July 19, 2021
Track: Advanced
Credits Available:
1.50 Accounting

This session will also be available for On Demand CPE credit in the new year.

Many project managers (PMs) lack a clear understanding of how their projects are performing financially because they have not been trained on how to forecast properly. Often, contractors struggle with how to build a robust cost projection process that provides consistency and predictability. And, profit fade at 90% complete is no longer an option in today’s market. Teach PMs how to properly set up job budgets, track progress, and accurately forecast. Moreover, learn critical financial indicators that point to problems on projects early so they can be rectified.



Objectives:
  • Identify how to manage work-in-progress (WIP) for better profitability
  • Describe the relationship between project profitability and processes (budgeting, forecasting, change control, job status reporting, and WIP)
  • Apply earned value reporting to projects
Monday
04:00pm - 05:00pm EDT - July 19, 2021
Track: Risk Management
Credits Available:
1.00 Business Law

This session will also be available for On Demand CPE credit in the new year.

We have made it through more than a year in the COVID-19 world which has impacted all aspects of our lives. While we are optimistic that we can now see the light at the end of the tunnel, contractors in both the public and private sectors must remain diligent to protect themselves from the continuing impacts of COVID-19 on the construction industry. In this one-hour presentation, we will discuss identifying key contractual provisions to protect your rights, what those provisions cover and do not cover, and best practices for protecting your rights and documenting your time and cost impacts.



Objectives:
  • Identify relevant contractual provisions and describe the scope of those provisions. 
  • Implement best practices for preserving rights to and protecting yourself from COVID-19 related impacts.
  • Implement best practices for documenting COVID-19 related time and costs impacts.
Monday
04:00pm - 05:00pm EDT - July 19, 2021
Track: Accounting & Finance
Credits Available:
1.00 Accounting

This session will also be available for On Demand CPE credit in the new year.

Similar to my article of the same title in the September/October 2019 issue of Building Profits, this presentation will provide timely ideas to participants regarding best practices to put in place in order to overcome the next downturn in the economy. Even if a downturn does not occur, other significant events could occur that threaten a construction company’s ability to continue business, such as a significant loss job, transfer of ownership, loss of a key employee, etc.



Objectives:
  • Identify best practices for creating a self-sufficient construction company that will withstand a significant downturn in the economy.
  • Define necessary financial reports and corresponding internal reporting deadlines in order to properly utilize the valuable information to make adequate and timely course corrections.
  • Create a more flexible balance sheet to more easily expand and contrast with the ebbs and flows of construction.
  • Identify additional metrics to track regularly so that changes in labor, bidding, equipment acquisition, and operations can be proactive instead of reactive.
Monday
04:00pm - 05:00pm EDT - July 19, 2021
Track: Information Technology
Credits Available:
1.00 Information Technology

This session will also be available for On Demand CPE credit in the new year.

You will learn how Microsoft Power BI can transforms your company data into rich visuals that facilitate new ways of thinking about and organizing your data, so that you can focus on what is important to achieving your goals. 

These sessions are designed to be interactive. Our sessions bring CFO, COO, Etc. to the front of the room and experience Building a dashboard in front of the room. We have fun and playfully interact with them.



Objectives:
  • Analyze the data in your reports and draw observations that will help your organization
  • Identify the information in the report design phase that is essential to include on the dashboard and layout
  • Improve your comfort level and ability to creat basic visualizations with the Power BI tool
  • Identify the data structure and data best practices to build better visualizations