Project Management Impact on Financial Outcomes with David Ashcraft
November 9, 2023 | 8:00 AM – 12:00 PM
This course will provide project managers, estimators, foremen and accounting staff with an opportunity to increase their financial fluency in an effort to more effectively provide information relating to profitability performance of projects. Attendees will work through a case study and uncover the math mystery buried in the WIP. This process will spotlight problems and opportunities contained within the numbers of a financial report and provide learning opportunities to make projects more profitable.
- A better understanding of the impact Project Managers have on a company’s income statement and balance sheets
- The impact of underbilling and overbilling
- An understanding of how WIPs can impact cash flow and year end profit margins
- Grasp the benefits and purpose of percentage of completion accounting