PROJECT MANAGEMENT: DRIVING PREDICATABLE COST PROJECTIONS - SMACNA-BC Chapter Education Program 2024

SMACNA-BC is pleased to bring to their members, the Business Management Program, Project Management: Driving Predictable Cost Projections.

Many project managers lack a clear handle on how their projects are performing financially. Most commonly it is because they have not been trained on how to forecast properly. We find many contractors struggle with how to build a robust cost projection process that provides for consistency and predictability. Profit fade at 90% complete is no longer an option in today’s market. Teach project managers how to properly set up job budgets, track progress and forecast accurately. Moreover, learn critical financial indicators that point to problems on projects early so they can be rectified.

Learning Objectives:

• Identify how to manage work-in-process for better profitability
• Understand the relationship between project profitability and processes (budgeting, forecasting, change control, job status reporting and WIP)
• Apply earned value reporting to projects

Registration is limited, based on a first come- first served basis. Registration MUST be received by SMACNA-BC office on or before Thursday, March 2, 2023.