Effective project management throughout all phases on the project life cycle is essential to delivering a successful project. This session will focus on best practices that should be utilized by self-performing contractors during all five phases of project management to improve profitability on projects. In particular, the session will explore how construction financial professionals can impact project profitability. Further, it will provide real-life examples of workflows and reports to provide accurate information and timely signals to support the project team.
Understand methods to create alignment among key members of your organization and manage change
Identify key tactics to improve profitability and communication during the five phases of project management (initiation, planning, execution, monitor and control, and project closeout)
Identify analytical tools and reporting to provide timely signals to the project team to effectively monitor and control the project outcome
Gain insights into how estimating, operations, and accounting can develop a “common language” to manage projects
Realize how construction financial professionals can positively impact project profitability through real-life examples