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Financial Management w/ FMI
March 4, 2020 @ 8:00 am - 3:00 pm
Financial management is a hallmark of great organizations. Collections, billing, cost management and ethical profit maximization are not the sole province of the controllers and CFO’s. In fact, all company and project team members of firm have a stake in strong financial management.
The session will demystify financial concepts and reporting methods to help project team members and other non-financial team members understand how a project is managed profitably. The session will also review how a job cost report is just one leg of an income statement for a firm.
The goals of this session include:
- Understand the fundamentals of sound financial management, from
the project to the firm
- Create an instinct for being a “Business Manager”
- Identify the controllable costs that “move the needle” for any firm
- Understand how financial instruments are affected by job cost
changes, change orders, labor productivity, cash collections, among
Participants will learn:
- An understanding of the economics of productivity and financial management
- An opportunity to examine best practices that drive productivity
- How to develop critical implementation approaches
This course is intended for key field leaders and project managers who are
leading project teams and have responsibility for project results.
Gregg M. Schoppman, a principal with FMI, specializes in the areas of productivity and project management. He leads FMI’s project management consulting practice. He also heads the consulting management group of FMI’s Florida office.