Turning Your Project Managers into Business Managers

Provider: Mason Contractors Association of America
Discipline: Ethics & Business Practices
Credits: 1.00

Although they need to have a solid foundation of technical knowledge, the most successful project managers also need to have developed strong management, leadership and business skills in order to execute projects profitably. Project managers need to understand the financial impact of what they do every day and learn to manage proactively cash flow, accurate forecasting of cost to complete along with tracking, pricing and collecting of change orders. The best project managers will accomplish this while maintaining positive client relationships to leverage future repeat business.

• Understand the financial impact of effective project controls, projected cash flow and getting paid for all work
• Proactively manage all aspects of the job utilizing innovative tools and leveraging relationships with key resources such as subcontractors, suppliers and consultants
• Build long-term client relations through an understanding of marketing and business development concepts

For more information please visit www.masoncontractors.org or contact Mason Contractors Association of America at 800-536-2225.

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