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SUMMARY:Master Class: Understanding the Numbers in Construction (Series One)
DESCRIPTION: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 Course Details:\nMarch 24\, 25 and 26\n1:00 - 5:00 p.m.\nLocation: Virtual Classroom: 3 Sessions of 4.0 hours each (total 12 hours)\nGold Seal Accreditation: This workshop is accredited for 4 Gold Seal Credits\nPricing: Member Rate: $599.00 plus hst / Non-Member Rate: $699.00 plus hst 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. \nSuccessful completion and attendance of the three days training is worth 4 Gold Seal credits. Please click here for more information on gold seal certification and how you can become certified. 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\, Wayne 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.
X-ALT-DESC;FMTTYPE=text/html: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&mdash\;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&mdash\;and profitably. Delivered over three half-day (4-hour) sessions\, this course takes participants through the real-world lifecycle of a construction project&mdash\;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 \;
Course Details:
March 24\, 25 and 26
1:00 - 5:00 p.m.
Location: Virtual Classroom: 3 Sessions of 4.0 hours each (total 12 hours)
Gold Seal Accreditation: This workshop is accredited for 4 Gold Seal Credits
Pricing: Member Rate: $599.00 plus hst / Non-Member Rate: $699.00 plus hst \;
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. \;
Successful completion and attendance of the three days training is worth 4 Gold Seal credits. Please click \;here \;for more information on gold seal certification and how you can become certified.
\;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\, Wayne 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. \;
LOCATION:
UID:e.2373.1412394
SEQUENCE:3
DTSTAMP:20260416T223309Z
URL:https://members.nlca.ca/corytest/Details/master-class-understanding-the-numbers-in-construction-series-one-1669136?sourceTypeId=Hub
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