Project Financials That Every Project Manager Needs to Know

In-Person

Available Dates & Times:
Location

PCC

Room Number: 125

Description

Cost: $195
Register for Pre-Convention Workshops through the registration link for the convention. NECA Convention registration is NOT required to attend Pre-Convention Workshops.

Project financials are a weakness in many organizations, yet our success with our banking and bonding partners relies heavily on this data. Many are left uncertain when it comes to knowing the outcome of projects while they are occurring and experience significant fade or gain at the end of the job that was not predicted. Financial acumen can be the line in the sand between staff being project managers versus project witnesses. The solution to this is defined standard practices to set your team up to win. In this session, we will discuss the importance of managing cash flow and how to produce accurate project forecasts, best practices for producing a schedule of values, billing and collections standards to focus on getting the cash in the door timely, steps required to produce an accurate project forecast and the tremendous affect labor productivity tracking has on the quality of project financial projections..

Speaker

  • Stephane McShane

    Maxim Consulting Group

    Stephane McShane is a Director at Maxim Consulting Group responsible for the evaluation and implementation processes with our clients.  Stephane works with construction related firms of all sizes to evaluate business practices and assist with management challenges.  With a large depth of experience working in the construction industry, Stephane is keenly aware of the business and, most specifically, operational challenges that firms face.  Her areas of expertise include:  Leadership development, executive coaching, organizational assessments, strategic planning, project execution, business development, productivity improvement, and training programs.  Mrs. McShane is an internationally recognized speaker, mentor, author, and teacher.  Her ability to motivate, inspire, and create confidence among your work groups is extremely rare and very effective.

    Stephane McShane

Full Conference Schedule

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