Course Information
Registration period
Year-round Recruitment
Course Level
Study Mode
Duration
2 Hour(s) 16 Minute(s)
Language
English
Taught by
Matthew Morris
Rating
1 views
Course Overview
Project execution and control - Progress Payments, Productivity, Units and Labor, Financial Projections (Forecasting)
Part 5 of 6 focuses on the financial health of the project. This course begins by covering the process to quickly review and approve pay applications. Key payment terms are discussed and the importance of cash flow is a major consideration. To monitor progress in the field and make adjustments, it's important to have a solid process for tracking units, labor and ultimately productivity. We'll dive into the process to evaluate crew output and compare that to planned productivity. We'll wrap up the course by learning how to forecast costs on the project and perform a financial projection. Ultimately, the ability for a PM to forecast and realize margin on the project is critical to the success of the job.
Course Content
- 5 section(s)
- 16 lecture(s)
- Section 1 Introduction
- Section 2 Progress Payments
- Section 3 Productivity, Labor and Units
- Section 4 Financial Projections
- Section 5 Topics for the next course in the series
What You’ll Learn
- This course teaches critical skills necessary for any project manager in construction. The lessons of this course represent the "playbook" for a PM to succeed. This course will focus on the key responsibilities for someone in a project manager role - contracts, cost control, change management and risk management.
Skills covered in this course
Reviews
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LLance Godbout B2
great
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HHuiyu Lai
After all this time, I have to say Matthew Morris' course is extremely highly valued. Matt's course teaches me a lot, the knowledge works in the field, and he does not rob my wallet.
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HHelen E. Younger
The instructor is extremely knowledgeable in this subject matter. He teaches with confidence. I'm not a project manager, nor do I aspire to be one. I'm a construction accountant and wanted to gain some knowledge about the PM's role and how certain tasks should be accounted for in our books. Additionally, enrolling in this class allowed me to understand the processes & terminologies much better. Although Vol 5 is the 2nd tutorial that I enrolled in under Matthew Morris (I also completed Vol 1), I do plan to enroll in at least one more. Job well done!!
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LLindsay Chien
Very informative and great examples! I've been enrolled many construction management related courses and the instructor is certainly one of the top notch teachers out there.
