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MCAI Combined Project Manager and Foreman Training Day 3
April 2, 2019 @ 7:30 am - 3:30 pm
DAY 3 – MORNING – April 2, 2019
Fundamentals of Job Cost Control (MANAGING PROJECT LABOR COST)
In this session the instructor will help attendees to gain an understanding of the job cost control and labor cost trending methods as detailed in the Job Cost Control section of the MCAA Project Manager’s Manual. All project managers and foremen must learn to use their job cost control system as a primary management tool to control and cause a positive project outcome rather than simply focusing on cost documentation and cost history. Great project managers and great foremen CONTROL their project cost while their average peers only tend to WATCH project cost. This “basic” session is geared to new or potential project managers and foremen with little or no experience in job cost control systems and procedures and as a great refresher to more experienced project managers.
DAY 3 – AFTERNOON – April 2, 2019
Project Billings and Maintaining Positive Cash Flow
Maintaining positive cash flow is one of the mechanical contractor’s greatest challenges. The construction industry’s standard billing and payment model is a formula that has the potential to create poor cash flow on almost every project.
This session focuses on how the project manager and project foreman, with a great partnership of planning, creativity, excellent project execution, and positive customer relationships can regularly create positive project cash flow on most projects.