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Online Courses


Work in Progress: A Deep Dive & Advanced Perspective of WIP - Day II


Jun 11, 2020 3:00pm ‐ Jun 11, 2020 5:00pm


Credits: None available.

Members: $140.00
Standard: $199.00

Description

This four-hour intensive course will provide an advanced view of the work in process schedule. Your WIP is more than a reporting tool; it is a financial management tool for your construction company. From this workshop, you will gain strategies to turn unexpected profit fade and enhancements into predictable events.

Learning Objectives:

  • ​Describe the role of the formal cost review process in the outcome of the WIP
  • Discuss WIP analysis techniques, tips and tricks
  • Identify the impact of profit fade and fee enhancements

Level & Prerequisites:
This is a group-live program at the Advanced Level. Participants should have at least three years’ experience in construction accounting, in-depth experience integrating construction contracts and estimates into a WIP schedule and a solid understanding of managing the cost review process. CFMA’s “A 360 View of Your WIP” course is also a recommended prerequisite.

Speaker(s):

Tags: WIP

Credits

Credits: None available.

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