MCA Alberta offers education and training programs through a variety of learning opportunities designed to meet unique mechanical and service contractor needs. This is accomplished through member meetings, short seminars and full day courses. These feature guest presenters on broad industry topics, product specific technical training, HR and other soft skills training, business skills and succession planning.
Programs are designed specifically for owners and senior management, service managers and technicians, HR leaders, frontline field and office staff to keep the entire team current and to help grow your career.
“I have taken estimating courses from MCA in the past. Was very impressed with how much content was included in the course and the instructor was incredibly skilled with the course content and beyond. I highly recommend taking this course if you’re looking to build on your future in construction!”
Jeff Swindells | Victaulic
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WORKSHOP – Understanding the Numbers in Construction
December 2, 2025 @ 9:30 am - December 4, 2025 @ 1:30 pm MST
$549.00 – $649.00Event Navigation
Maximize Profit, Control Costs, and Drive Project Success
A practical, real-world training course for construction professionals who want to improve project execution and strengthen financial results. Learn how to manage budgets, track costs, control change orders, reduce risk, and lead more successful projects—from field to financials.
Understanding construction costs and estimates is critical for all roles. Project managers use it to control costs, accounting and admin teams rely on it for budgeting and reporting, and G&A leaders need it to manage overhead and guide strategic decisions. When everyone understands the numbers, the whole operation runs smoother—and profitably.
Delivered over three half-day (4-hour) sessions, this course takes participants through the real-world lifecycle of a construction project—from concept and estimating to closeout and financial wrap-up. Whether your projects are under $1 million or over $100 million, mastering operations and financial controls is key to reducing costs, improving productivity, and protecting profits.
Whether you work in operations, supervision, estimating, accounting or executive leadership, Masterclass will help you bridge the gap between field execution, finance and strategy to improve coordination, reduce costs and increase profits.
Participants will learn to:
- Efficiently manage project lifecycles
- Build robust cost controls and job costing processes
- Connect estimating with field execution and financial reporting
- Manage contracts and change orders to protect cash flow and margins
- Key principles to improve labour productivity and site logistics
- Minimize the misleading effects of revenue and cost accruals on financial reports
- Identify the costs and underlying causes of productivity gaps
Who Benefits by Attending?
Masterclass is ideal for anyone responsible for delivering profitable work: project managers, estimators, supervisors, accounting staff, and company executives. Participants will understand how operational and financial decisions affect project success and company performance. The comprehensive course manual contains tables, case studies, financial and cost reports.
Bonus Tools Included:
- Checklists for cost control & productivity
- Templates for forecasting and reporting
- Change order and risk management guides
- Real-world case studies
About the instructor:
Wayne Newell has over 35 years of experience in financial and operational management across construction, manufacturing, and service sectors in Canada, the U.S., and the Caribbean. A CMA since 1972, he has trained more than 4,000 construction professionals in the past 20+ years. His courses are known for being clear, relevant, and results-focused, helping contractors improve performance and profitability
Employers can get up to 2/3 of the registration fee (up to 10,000/employee/fiscal year) for training.