The Art of Profit Protection - On-Demand CPE

Once a project is bid and won, the success of the operations team determines the job’s financial success or failure. Upon developing a detailed understanding of the job and the considerations of how the bid was put together, you can formulate an expected level of profit for the project. The end result will move, favorably or unfavorably, based on various risk or opportunity factors specific to that project. In this session, participants will explore the importance of identifying and quantifying those factors considered during the bid phase and at the start of the job to provide better oversight and management throughout the job. Risk and opportunity factors can be used to create a scorecard that clearly defines project success for financial and non-financial team members alike.  Please note: This on-demand course was reformatted from a session from CFMA’s 2024 Annual Conference. Learners are only authorized to claim CPEs for this course once.

• Define elements that determine a jobs financial success or failure.
• Discern the importance of identifying and quantifying risk and opportunity factors.
• Determine the benefits of a scorecard that defines success.

This program is an Intermediate level online self-study course that was developed for professionals with mid- to senior-level experience in construction finance. No prerequisites or advanced preparation is required.

1 CPE credits

Earn 1 CCIFP Professional Development credit which can be applied toward the General or Construction Knowledge requirement.

The estimated time to complete the course is approximately 50 minutes, depending on the pace of the learner.

Business Owners, CFOs, Construction Financial Professionals, Contractors, Controllers, CPAs, Professional Advisors, Risk Managers, Subcontractors

Joe McLaughlin