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Job Forecasting Cost-to-Complete for GCs in Construction - Live Event
$120.00
Member price: $90.00
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Wednesday, April 9th, 2025
Time: 3:00PM - 5:00PM (ET), 12:00PM - 2:00PM (PT)
This course is designed to provide general contractors with a deep understanding of the key challenges faced in financial reporting and revenue forecasting. Participants will learn to navigate the complexities of tracking project costs, determining the cost-to-complete, and forecasting revenue throughout the project lifecycle. With a focus on hands-on strategies, industry best practices, and the potential tools, this course equips general contractors with the skills necessary to improve financial accuracy and control project outcomes. By the end of the session, attendees will be empowered to enhance their financial reporting practices, mitigate risks, and forecast future revenues with precision.
Time: 3:00PM - 5:00PM (ET), 12:00PM - 2:00PM (PT)
This course is designed to provide general contractors with a deep understanding of the key challenges faced in financial reporting and revenue forecasting. Participants will learn to navigate the complexities of tracking project costs, determining the cost-to-complete, and forecasting revenue throughout the project lifecycle. With a focus on hands-on strategies, industry best practices, and the potential tools, this course equips general contractors with the skills necessary to improve financial accuracy and control project outcomes. By the end of the session, attendees will be empowered to enhance their financial reporting practices, mitigate risks, and forecast future revenues with precision.
Learning Objectives
After completing this session, you will be able to:
- Identify Financial Reporting Challenges: Understand the complexities and pitfalls involved in financial reporting, including tracking project expenses, managing cost allocations, and handling fluctuating budgets.
- Master Revenue Forecasting Techniques: Learn how to accurately forecast revenue by predicting project completion timelines, assessing work completed to date, and determining cost to complete, using industry-specific methods and tools for precise revenue estimation.
- Implement Solutions to Improve Forecasting Accuracy: Explore strategies for improving the accuracy of cost to complete calculations and revenue forecasting, including leveraging technology, regular project reviews, and clear communication between contractors, project managers, and stakeholders to ensure informed decision-making.
Prerequisites
This is a group-internet based course at the Basic Level. No prerequisites or advanced preparation required. A basic understanding of job cost analysis is recommended.
CPE Credits
2.0 CPE credits
CPE/CCIFP Information
Earn 2.0 CPE/CCIFP Professional Development credits toward the General or Construction Requirement.
Course Length
The estimated time to complete the course is approximately 120 minutes, depending on the pace of the learner.
Who Should Attend:
- Business Owners
- CPAs
- Controllers
- General Contractors
- Professional Advisors
- Project Managers
Topics:
Accounting
Management Services
General Contractors
Speaker:
Steve Hathaway, Partner, Construction Software Solutions, Inc.
