360˚ WIP for Construction
Definition and Calculation of Work in Progress
Module 1 will take you approximately sixty minutes to complete, and covers these four topics:
- WIP: Key Definitions
- Understanding WIP and PCM
- PCM: A Deep Dive
- WIP Calculation
Activities Included:
Video Presentation
Internal Analysis of the WIP
Module 2 will take you approximately forty minutes to complete, and covers these four topics:
- Preparing the WIP schedule
- Cash Flow and Forecast
- Impact of Profit Fade on Financial Statements
- Estimating Cost and Projecting Future Profit
Activities Included:
Video Presentation
External Analysis of the WIP
Module 3 will take you approximately thirty minutes to complete, and covers these three topics:
- External Analysis of WIP: Key Definitions
- Underbilling/ Overbilling and Surety
- Tracking Profit and Future Cash Flow
Activities Included:
Video Presentation
360˚ WIP for Construction Final Exam and Course Evaluation
Activities Included:
360˚ WIP for Construction Final Exam
360˚ WIP for Construction Course Evaluation