project management:  accounting administration

Project Management:  Accounting Administration Seminar

Part of Grantlun's Construction Project Management Series

One in a series of intensive one-day seminars on Construction Project Management, this seminar focuses on the principles and best practices of job accounting administration.

Job Accounting Administration provides construction executives and project management team members alike with an understanding of the concepts and process steps needed to properly manage the accounting side of construction projects.

Project managers need to understand how to effectively administer accounting on their jobs. If accurate and timely labor and equipment employment, work progress, and procurement data does not flow from the field to Accounting, Accounting cannot provide Project Managers the reports they need to assess the status of the project and construction executives cannot make sound business decisions.

The Benefits of Proper Job Accounting Administration

Proper job accounting administration enables your company to:

• Develop more accurate and competitive bids.
• Better plan and budget jobs in progress.
• Assess project status and make the changes necessary to ensure job success.
• Improve the accuracy of equipment charge rates.
• Identify the projects that are most profitable - the type of work for which your company is perfectly suited.
• Increase revenue and profit.

Created specifically for construction companies in the civil works industry, particularly those in the highway, bridge, pipeline, underground utility, and site work segments, Job Accounting Administration delivers the best practices developed and documented by Grantlun's founder while working in the civil works construction industry for the past 35 years. Used by the largest and most successful civil works construction companies, these best practices give you the practical knowledge, proven tools and competitive edge you need to grow in our recovering economy.

What You'll Receive:

Process Maps are provided that clearly illustrate best practices. click to enlarge

• Form templates that can be used to create custom daily reports/time sheets, accounts receivable logs, internal change orders, and more.
• Process maps that show at a glance what needs to happen at every step of the construction project to ensure proper accounting ... and who is responsible.
• Clear explanations of how to handle budgets, time sheets, time and material, accounts payable, and accounts receivable, as well as work progress reports.
• Best practices that the industry's top contractors use to properly administer accounting on construction projects.

Grantlun provides business management training & construction management seminars in subjects central to successful construction enterprise management.