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Profitability in Construction (October 27, 2026)

October 27, 2026 9:30 AM - October 29, 2026 1:30 PM (MDT)

Description

Course Overview

Construction is demanding. Between labour shortages, tight margins, and growing overhead, it’s not enough to simply finish the job—you need to finish profitably.

 

The course was designed for construction professionals who want to improve the management of time, people, and money, whether they’re working on-site or in the office. It provides practical knowledge and tools to help reduce costs, improve cash flow, and enhance performance.


This isn’t a lecture—it’s a hands-on, results-focused workshop tailored to your daily challenges

What You Will Learn

  • Understand the construction project life cycle and key financial risk points
  • Structured approaches to project cash flow and cash flow forecasting
  • Recognize impact of labour productivity, delays, and change orders on profitability
  • Use job cost reports and project evaluations to monitor project performance
  • Apply financial tools such as net present value to evaluate capital acquisitions
  • Understand revenue recognition, accrual accounting, and budgeting in construction
  • Implement overhead controls and effective accounts receivable management
  • Track success using Key Performance Indicators (KPIs) and Productivity Metrics
  • Understand how bonding, insurance, and financial partners influence growth
  • Strengthen internal financial controls to protect company assets
  • Understand the impact of prompt payment legislation and annual holdback release

Participants will work through practical exercises and real-world case studies that reflect some common financial and operational challenges faced by contractors.

Who Should Attend

  • Project Managers – seeking stronger cost control and planning skills.
  • Estimators – connecting estimates to real-world financial outcomes.
  • Senior Managers & Owners – increasing operational efficiency and profitability.
  • Gold Seal Candidates – gaining key financial insight for certification and career growth.
  • Site Supervisors & Superintendents – improving cost awareness and accountability.
  • Financial managers, controllers, and accountants working in construction

This course is especially valuable for those looking to boost profitability, enhance financial management, and foster sustainable growth.


Attendance at this course earns 4 Gold Seal Credits.

Key Benefits

Connect job site activities with financial results

Improve project profitability and productivity

Strengthen cash flow management

Use financial reports to support better decisions

Implement controls that support sustainable company growth

About the instructor:

Wayne Newell, CMA, has over 35 years hands-on experience in financial and operational management in construction and related sectors. Since 2003, he has delivered exclusive, practical training programs to assist contractors improve project performance and company profitability. His workshops, delivered in a clear impactful way, focus on practical solutions.



Time

October 27, 2026 - 9:30 am - 1:30 pm MST

October 28, 2026 - 9:30 am - 1:30 pm MST

October 29, 2026 - 9:30 am - 1:30 pm MST

Location

online with Zoom

Link to be sent out within 1 week of the course start date. 

Pricing

Member: $399.00 + GST

Non-Member: $499.00 + GST

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Contact Information

Edmonton Construction Association
Name: Jordan Cowley
Email: jordan.cowley@edmca.com
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