A7 - Managing the Lifeblood of Contracting - Cash Flow

Description

More companies go bankrupt due to cash flow issues than profitability. We will explore a range of simple to complex tools and techniques that allow contractors to manage and control cash flow (contractual negotiation strategies, pricing and bidding practices, development of cost, and resource-loaded schedules that tie to billing activities in the schedule of values). Also, an interactive cash flow simulation will provide a hands-on experience.

Learning Objectives:

Learn the importance of cash management practices Increase profits with billings and collections Apply tools and techniques that optimize cash flow Maximize cash flow with process standardization Create transparency and accountability with measurement

Speaker(s):

• John Cassidy, CFO, Mark III Construction Inc.
• Brian Cox, Project Executive, Joeris General Contractors
• Michael McLin, Managing Director, Maxim Consulting Group
• Tom Sheahan, Partner, Baker Tilly