Construction Project Performance Forecasting

Wednesday, December 14, 2022 & Thursday, December 15th, 2022
Time: 3:00PM - 5:00PM (ET), 12:00PM - 2:00PM (PT)

Shift your thinking from traditional project accounting steps to true project performance forecasting. Combine your accounting knowledge with project forecasting techniques and tools to create an impact on your firm’s construction project success.

This course will guide you in creating an effective project forecast that incorporates key performance indicators (KPIs), identifies potential risks, and implements best practices that will strengthen the job’s performance. And will challenge you to use tools outside of accounting, including project estimates, project schedules, person hours, equipment utilization and more. You will review a variety of construction project forecasting examples and dashboard models.

This course is also an opportunity for project leaders to expand their field team’s understanding of project expectations and KPIs along with the importance of communicating decisions and progress relative to those indicators. All attendees will receive forecasting templates and examples to bring back and adapt to their projects.

Learning Objectives:
After completing this session, you will be able to:

  • Identify the essential elements in a construction project forecasting.
  • Develop expectations for project performance using the schedule, estimate, budget and project management tools.
  • Identify how to expand your role to become an integral part of the project team’s success.
  • Establish the key performance indicators (KPIs) to be used as measurement of the project’s success and include potential contract and/or performance risks (warning signs).
  • Implement best practices along the path of the project, such as kick-off meetings, update/progress reports, and debrief lessons learned.

Level & Prerequisites
This is a Group Internet-based program at the Intermediate Level. No prerequisites or advanced preparation required.

CPE information
Earn 4 CPE credit in the field of Specialized Knowledge.
CPE can only be earned by attending the live session. CPE is not available by watching the recording.

Who should attend?
General contractors and subcontractor owners, CFOs, Controllers, CPA industry professionals, CCIFP candidates, surety industry professionals and other construction financial professionals.

Price
$150 for CFMA members
$209 for non-members

Colleagues of CFMA members can register at a discount. Contact CFMA at education@cfma.org for details.

Speakers:
Susan Peck, Job Cost Analyst, Hatzel & Buehler
Dan Jursnick, CFO, NessCampbell Crane & Rigging



Sponsored by:

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