Details
October 17, 2024
8:00AM - 11:00AM
Managing Work in Progress (formerly, “Cracking the ‘WIP’ – Driving Predictable Cost Projections”) - Please join us for this ECA Research and Education Committee program!
The event to be held on Thursday, October 17, 2024. It will be held at the IBEW-NECA Technical Institute (INTECH).
IBEW-NECA Technical Institute (INTECH) 6201 W. 115th Street Alsip, IL 60803
Managing Work in Progress
(formerly, "Cracking the ‘WIP’ – Driving Predictable Cost Projections”)
Thursday, October 17, 2024
Please join us for this ECA Research and Education Committee program!
Thursday, October 17, 2024
8:00 am - 11:00 am
Managing Work in Progress
(formerly, "Cracking the WIP - Driving Predictable Cost Predictions")
To be facilitated by David Morton, Maxim Consulting Group
BEW-NECA Technical Institute (INTECH)
6201 W. 115th Street
Alsip, IL 60803
Program Description
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 manager 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.
Following this course, participants will be able to:
- Identify how to manage work-in-process for better profitability
- Explain the relationship between project profitability and processes (budgeting, forecasting, change control, job status reporting and WIP)
- Describe how to apply earned value reporting to projects
- Learn key performance indicators that point to critical project performance problems
THIS PROGRAM IS ONLY FOR ECA MEMBERS!
REGISTRATION IS $100 for ECA MEMBERS!
Please click below to register soon as we need to reach the minimum number required to hold the session.
PLEASE CLICK HERE TO REGISTER!
Please contact the ECA with any questions at (708) 531-0022. We look forward to your participation with the program! Thank you for your continued support of Association activities!
David Morton is a Director at Maxim Consulting Group responsible for the evaluation and implementation of process improvement with our clients. David works with construction related firms of all sizes to identify and solve complex business, leadership, and operational challenges. His areas of expertise include organizational assessments, business planning, leadership development, executive coaching, productivity improvement, training programs, entrepreneurial ventures, and business development. David’s broad range of experience across the construction, low voltage and green-tech industries provides a unique perspective into the strategic and Agreement to Host a NECA Educational Course 9 tactical challenges that construction companies face and the breadth and depth of experience to deliver tailored solutions to drive sustained growth and profitability.
