January Membership Meeting with Richard F. King, CPA, CGMA, CCIFP
About
Join us for our January chapter meeting! Enjoy lunch, networking, and a presentation by Richard F. King, CPA, CCIFP. Topic: A Collaborative Approach to WIP Meetings The WIP meeting is a unique opportunity for finance and operations teams to collaborate, resulting in better oversight that can improve project outcomes. Taking a collaborative approach to project reviews builds alignment and promotes the sharing of information between two key groups within a construction organization. This session is designed to review the essential skills, strategies and techniques to conduct efficient WIP meetings that foster clear communication, accountability, and tracking, utilize data to analyze and validate cost to complete estimates. This session will also focus on how accounting and operations team members can protect project gain and prevent profit fade throughout the five phases of project management. Learning Objective 1: Cultivate a trusting and communicative environment between finance and operations. Learning Objective 2: Leverage the WIP meeting to gain comfort over the cost to complete and address sensitive topics such as profit fade and aggressive estimates. Learning Objective 3: Understand effective agendas and techniques for engaging WIP meetings with key stakeholders. Learning Objective 4: Identify strategies for profit protection and fade detection throughout the five phases of project management.
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