The site navigation utilizes arrow, enter, escape, and space bar key commands. Left and right arrows move across top level links and expand / close menus in sub levels. Up and Down arrows will open main level menus and toggle through sub tier links. Enter and space open menus and escape closes them as well. Tab will move on to the next part of the site rather than go through menu items.

In-Seat

Managing Work in Progress - Chicago & Cook County Chapter | Thursday, October 17th, 2024

6201 W. 115th Street, Alsip, IL US
Learn More about Managing Work in Progress - Chicago & Cook County Chapter | Thursday, October 17th, 2024

Many project managers lack a clear handle on how their projects are performing financially. Most commonly it is because they have not been trained on how to forecast properly. We find many contractors struggle with how to build a robust cost projection process that provides for consistency and predictability. Profit fade at 90% complete is no longer an option in today’s market. Teach project manager how to properly set up job budgets, track progress and forecast accurately. Moreover, learn critical financial indicators that point to problems on projects early so they can be rectified.

Following this course, participants will be able to:

• Identify how to manage work-in-process for better profitability

• Explain the relationship between project profitability and processes (budgeting, forecasting, change control, job status reporting and WIP)

• Describe how to apply earned value reporting to projects

• Learn key performance indicators that point to critical project performance problems