Wednesday, March 1, 2023
3-4:15 PM (ET), noon-1:15 PM (PT)

The traditional focus of cost controls is to ensure a company pays for the cost it incurs and nothing more. Accounting teams work hard to create controls, validate purchase orders, and have backstops on spend; however, the balance lies between the accounting and the field teams to have proper control on spend while successfully completing the project.

This session will share a CFO’s perspective and a former project manager’s perspective on best practices in managing cost controls and spend management in today’s construction environment.

After completing this session, you will be able to:

• Define current best practices in cost control and spend management
• Understand cost approval differences between the office and the field
• Learn methods to empower the field to maintain the project timeline, stay focused on spending, and do more with fewer employee resources

Level & Prerequisites
This is a group internet-based webinar at the Basic Level. No prerequisites or advanced preparation required. A basic understanding of construction accounting & financial management is recommended

CPE information
Earn 1.5 CPE credits in the field of Personnel/Human Resources.
CPE can only be earned by attending the live session. CPE is not available by watching the recording.

Who should attend?

• CFOs
• CPAs
• Controllers
• Construction Financial Professionals
• Professional Advisors
• General and Subcontractors

Price:
 

• Free for CFMA members
• $69 for non-members

• Jason Keen, CFO/COO, Mills & Nebraska
• Joe Turner, Co-founder, Vendrix, Inc.

Sponsored by: