Construction Enterprise Budgets supporting Backlog & Burn-off Schedules

This course will help attendees implement a well-defined business plan that includes the creation of an enterprise budget, along with a backlog & burn-off schedule. Developing an enterprise budget involves a three- step process that includes setting volume expectations, determining overhead manpower and budgeting the overhead expense. In addition, this session will guide attendees on how to effectively utilize a backlog & burn off schedule to forecast and anticipate volume that isn’t currently under contract.

Learning objectives:
After this session, attendees will be able to:

• Outline the processes, tools and strategies used in developing enterprise budgets as part of the company’s business plan.
• Learn how to include both current backlog and projected backlog in your backlog & burn-off schedules
• Understand how the backlog & burn-off schedule integrates with the budgeting process

Level & Prerequisites
This is group-live based program at the Intermediate Level. Some working knowledge of construction accounting is recommended.

Who should attend?
Controllers, and CFOs of construction companies who want to learn Treasury Management.

Preview Available

Construction Enterprise Budgets Supported by Backlog & Burn-off Schedules - Day 1

This course will help attendees implement a well-defined business plan that includes the creation of an enterprise budget, along with a backlog & burn-off schedule. Developing an enterprise budget involves a three- step process that includes setting volume expectations, determining overhead manpower and budgeting the overhead expense. In addition, this session will guide attendees on how to effectively utilize a backlog & burn off schedule to forecast and anticipate volume that isn’t currently under contract.

Speaker(s):

• Steven Lords, CCIFP, CPA, VP of Finance, Arizona Pipeline Company

Preview Available

Construction Enterprise Budgets Supported by Backlog & Burn-off Schedules - Day 2

This course will help attendees implement a well-defined business plan that includes the creation of an enterprise budget, along with a backlog & burn-off schedule. Developing an enterprise budget involves a three- step process that includes setting volume expectations, determining overhead manpower and budgeting the overhead expense. In addition, this session will guide attendees on how to effectively utilize a backlog & burn off schedule to forecast and anticipate volume that isn’t currently under contract.

Speaker(s):

• Steven Lords, CCIFP, CPA, VP of Finance, Arizona Pipeline Company