WORKSHOP - Profitability in Construction
Construction is demanding. Between labour shortages, tight margins, and growing overhead, it's not enough to simply finish the job-you need to finish profitably.
The course was designed for construction professionals who want to improve the management of time, people, and money, whether they're working on-site or in the office. It provides practical knowledge and tools to help reduce costs, improve cash flow, and enhance performance.
This isn't a lecture-it's a hands-on, results-focused workshop tailored to your daily challenges
What You'll Learn
- Understand the construction project life cycle and key financial risk points
- Structured approaches to project cash flow and cash flow forecasting
- Recognize impact of labour productivity, delays, and change orders on profitability
- Use job cost reports and project evaluations to monitor project performance
- Apply financial tools such as net present value to evaluate capital acquisitions
- Understand revenue recognition, accrual accounting, and budgeting in construction
- Implement overhead controls and effective accounts receivable management
- Track success using Key Performance Indicators (KPIs) and Productivity Metrics
- Understand how bonding, insurance, and financial partners influence growth
- Strengthen internal financial controls to protect company assets
- Understand the impact of prompt payment legislation and annual holdback release
Participants will work through practical exercises and real-world case studies that reflect some
Who Should Attend
This course is ideal for:
- Project Managers - seeking stronger cost control and planning skills.
- Estimators - connecting estimates to real-world financial outcomes.
- Senior Managers & Owners - increasing operational efficiency and profitability.
- Gold Seal Candidates - gaining key financial insight for certification and career growth.
- Site Supervisors & Superintendents - improving cost awareness and accountability.
- Financial managers, controllers, and accountants working in construction
Tickets
Member: Profitable ContractingMembers only
Non Member: Profitable ContractingCA$599.00
