BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//ChamberMaster//Event Calendar 2.0//EN
METHOD:PUBLISH
X-PUBLISHED-TTL:P1H
REFRESH-INTERVAL:P1H
CALSCALE:GREGORIAN
BEGIN:VTIMEZONE
TZID:America/Edmonton
BEGIN:DAYLIGHT
RRULE:FREQ=YEARLY;BYMONTH=3;BYDAY=2SU
DTSTART:20070101T000000
TZOFFSETFROM:-0700
TZOFFSETTO:-0600
TZNAME:Mountain Daylight Time
END:DAYLIGHT
BEGIN:STANDARD
RRULE:FREQ=YEARLY;BYMONTH=11;BYDAY=1SU
DTSTART:20070101T000000
TZOFFSETFROM:-0600
TZOFFSETTO:-0700
TZNAME:Mountain Standard Time
END:STANDARD
END:VTIMEZONE
BEGIN:VEVENT
DTSTART;TZID=America/Edmonton:20261027T093000
DTEND;TZID=America/Edmonton:20261029T133000
X-MICROSOFT-CDO-ALLDAYEVENT:FALSE
SUMMARY:Profitability in Construction (October 27\, 2026)
DESCRIPTION:Course OverviewConstruction 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.\nThis isn't a lecture it's a hands-on\, results-focused workshop tailored to your daily challengesWhat You Will LearnUnderstand the construction project life cycle and key financial risk pointsStructured approaches to project cash flow and cash flow forecastingRecognize impact of labour productivity\, delays\, and change orders on profitabilityUse job cost reports and project evaluations to monitor project performanceApply financial tools such as net present value to evaluate capital acquisitionsUnderstand revenue recognition\, accrual accounting\, and budgeting in constructionImplement overhead controls and effective accounts receivable managementTrack success using Key Performance Indicators (KPIs) and Productivity MetricsUnderstand how bonding\, insurance\, and financial partners influence growthStrengthen internal financial controls to protect company assetsUnderstand the impact of prompt payment legislation and annual holdback releaseParticipants will work through practical exercises and real-world case studies that reflect some common financial and operational challenges faced by contractors.Who Should AttendProject 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 constructionThis course is especially valuable for those looking to boost profitability\, enhance financial management\, and foster sustainable growth.\nAttendance at this course earns 4 Gold Seal Credits.Key BenefitsConnect job site activities with financial resultsImprove project profitability and productivityStrengthen cash flow managementUse financial reports to support better decisionsImplement controls that support sustainable company growthAbout 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.
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE html><html><head><title></title></head><body aria-disabled="false"><div><div><p style="margin-bottom:0cm\;line-height:normal\;"><strong fr-original-style="" style="font-weight: 700\;">Course Overview</strong></p><p style="margin-bottom:0cm\;line-height:normal\;">Construction is demanding. Between labour shortages\, tight margins\, and growing overhead\, it&rsquo\;s not enough to simply finish the job&mdash\;you need to finish <strong fr-original-style="" style="font-weight: 700\;">profitably</strong>.</p><p style="margin-bottom:0cm\;line-height:normal\;">&nbsp\;</p><p style="margin-bottom:0cm\;line-height:normal\;">The course was designed for construction professionals who want to improve the management of time\, people\, and money\, whether they&rsquo\;re working on-site or in the office. It provides practical knowledge and tools to help reduce costs\, improve cash flow\, and enhance performance.</p><p style="margin-bottom:0cm\;line-height:normal\;"><br></p><p style="margin-bottom:0cm\;line-height:normal\;">This isn&rsquo\;t a lecture&mdash\;it&rsquo\;s a hands-on\, results-focused workshop tailored to your daily challenges</p><div align="center" style="margin-bottom:0cm\;text-align:center\;  line-height:normal\;"><hr size="2" width="100%" align="center" fr-original-style="" style="clear: both\; user-select: none\; break-after: page\;"></div><p style="margin-bottom:0cm\;line-height:normal\;"><strong fr-original-style="" style="font-weight: 700\;">What You Will Learn</strong></p><ul fr-original-style="margin-top:0cm\;" style="margin-top: 0cm\; list-style-position: inside\;" type="disc"><li style="margin-bottom:0cm\;line-height:normal\;mso-list:l1 level1 lfo3\;      tab-stops:list 36.0pt\;">Understand the <strong fr-original-style="" style="font-weight: 700\;">construction project life cycle</strong> and key financial risk points</li><li style="margin-bottom:0cm\;line-height:normal\;mso-list:l1 level1 lfo3\;      tab-stops:list 36.0pt\;">Structured approaches to <strong fr-original-style="" style="font-weight: 700\;">project cash flow and cash flow forecasting</strong></li><li style="margin-bottom:0cm\;line-height:normal\;mso-list:l1 level1 lfo3\;      tab-stops:list 36.0pt\;">Recognize impact of <strong fr-original-style="" style="font-weight: 700\;">labour productivity\, delays\, and change orders</strong> on profitability</li><li style="margin-bottom:0cm\;line-height:normal\;mso-list:l1 level1 lfo3\;      tab-stops:list 36.0pt\;">Use <strong fr-original-style="" style="font-weight: 700\;">job cost reports and project evaluations</strong> to monitor project performance</li><li style="margin-bottom:0cm\;line-height:normal\;mso-list:l1 level1 lfo3\;      tab-stops:list 36.0pt\;">Apply financial tools such as <strong fr-original-style="" style="font-weight: 700\;">net present value</strong> to evaluate capital acquisitions</li><li style="margin-bottom:0cm\;line-height:normal\;mso-list:l1 level1 lfo3\;      tab-stops:list 36.0pt\;">Understand <strong fr-original-style="" style="font-weight: 700\;">revenue recognition\, accrual accounting\, and budgeting</strong> in construction</li><li style="margin-bottom:0cm\;line-height:normal\;mso-list:l1 level1 lfo3\;      tab-stops:list 36.0pt\;">Implement <strong fr-original-style="" style="font-weight: 700\;">overhead controls and effective accounts receivable management</strong></li><li style="margin-bottom:0cm\;line-height:normal\;mso-list:l1 level1 lfo3\;      tab-stops:list 36.0pt\;">Track success using <strong fr-original-style="" style="font-weight: 700\;">Key Performance Indicators (KPIs)</strong> and <strong fr-original-style="" style="font-weight: 700\;">Productivity Metrics</strong></li><li style="margin-bottom:0cm\;line-height:normal\;mso-list:l1 level1 lfo3\;      tab-stops:list 36.0pt\;">Understand how <strong fr-original-style="" style="font-weight: 700\;">bonding\, insurance\, and financial partners</strong> influence growth</li><li style="margin-bottom:0cm\;line-height:normal\;mso-list:l1 level1 lfo3\;      tab-stops:list 36.0pt\;">Strengthen <strong fr-original-style="" style="font-weight: 700\;">internal financial controls</strong> to protect company assets</li><li style="margin-bottom:0cm\;line-height:normal\;mso-list:l1 level1 lfo3\;      tab-stops:list 36.0pt\;">Understand the impact of <strong fr-original-style="" style="font-weight: 700\;">prompt payment legislation and annual holdback release</strong></li></ul><p style="margin-bottom:0cm\;line-height:normal\;">Participants will work through <strong fr-original-style="" style="font-weight: 700\;">practical exercises and real-world case studies</strong> that reflect some common financial and operational challenges faced by contractors.</p><div align="center" style="margin-bottom:0cm\;text-align:center\;  line-height:normal\;"><hr size="2" width="100%" align="center" fr-original-style="" style="clear: both\; user-select: none\; break-after: page\;"></div><p style="margin-bottom:0cm\;line-height:normal\;"><strong fr-original-style="" style="font-weight: 700\;">Who Should Attend</strong></p><ul fr-original-style="margin-top:0cm\;" style="margin-top: 0cm\; list-style-position: inside\;" type="disc"><li style="margin-bottom:0cm\;line-height:normal\;mso-list:l0 level1 lfo1\;      tab-stops:list 36.0pt\;"><strong fr-original-style="" style="font-weight: 700\;">Project Managers</strong> &ndash\; seeking stronger cost control and planning skills.</li><li style="margin-bottom:0cm\;line-height:normal\;mso-list:l0 level1 lfo1\;      tab-stops:list 36.0pt\;"><strong fr-original-style="" style="font-weight: 700\;">Estimators</strong> &ndash\; connecting estimates to real-world financial outcomes.</li><li style="margin-bottom:0cm\;line-height:normal\;mso-list:l0 level1 lfo1\;      tab-stops:list 36.0pt\;"><strong fr-original-style="" style="font-weight: 700\;">Senior Managers &amp\; Owners</strong> &ndash\; increasing operational efficiency and profitability.</li><li style="margin-bottom:0cm\;line-height:normal\;mso-list:l0 level1 lfo1\;      tab-stops:list 36.0pt\;"><strong fr-original-style="" style="font-weight: 700\;">Gold Seal Candidates</strong> &ndash\; gaining key financial insight for certification and career growth.</li><li style="margin-bottom:0cm\;line-height:normal\;mso-list:l0 level1 lfo1\;      tab-stops:list 36.0pt\;"><strong fr-original-style="" style="font-weight: 700\;">Site Supervisors &amp\; Superintendents</strong> &ndash\; improving cost awareness and accountability.</li><li style="margin-bottom:0cm\;line-height:normal\;mso-list:l0 level1 lfo1\;      tab-stops:list 36.0pt\;"><strong fr-original-style="" style="font-weight: 700\;">Financial managers\, controllers\, and accountants</strong> working in construction</li></ul><p style="margin-bottom:0cm\;line-height:normal\;">This course is especially valuable for those looking to boost profitability\, enhance financial management\, and foster sustainable growth.</p><p style="margin-bottom:0cm\;line-height:normal\;"><br></p><p style="margin-bottom:0cm\;line-height:normal\;">Attendance at this course earns <strong fr-original-style="" style="font-weight: 700\;">4 Gold Seal Credits</strong>.</p><div align="center" style="margin-bottom:0cm\;text-align:center\;  line-height:normal\;"><hr size="2" width="100%" align="center" fr-original-style="" style="clear: both\; user-select: none\; break-after: page\;"></div><p style="margin-bottom:0cm\;line-height:normal\;"><strong fr-original-style="" style="font-weight: 700\;">Key Benefits</strong></p><p style="margin-top:0cm\;margin-right:0cm\;margin-bottom:0cm\;margin-left:36.0pt\;  text-indent:-18.0pt\;mso-list:l2 level1 lfo2\;tab-stops:list 36.0pt\;"><strong fr-original-style="" style="font-weight: 700\;">Connect</strong> job site activities with financial results</p><p style="margin-left:36.0pt\;text-indent:-18.0pt\;mso-list:l2 level1 lfo2\;  tab-stops:list 36.0pt\;"><strong fr-original-style="" style="font-weight: 700\;">Improve</strong> project profitability and productivity</p><p style="margin-left:36.0pt\;text-indent:-18.0pt\;mso-list:l2 level1 lfo2\;  tab-stops:list 36.0pt\;"><strong fr-original-style="" style="font-weight: 700\;">Strengthen</strong> cash flow management</p><p style="margin-left:36.0pt\;text-indent:-18.0pt\;mso-list:l2 level1 lfo2\;  tab-stops:list 36.0pt\;"><strong fr-original-style="" style="font-weight: 700\;">Use&nbsp\;</strong>financial reports to support better decisions</p><p style="margin-top:0cm\;margin-right:0cm\;margin-bottom:0cm\;margin-left:35.7pt\;  text-indent:-17.85pt\;mso-list:l2 level1 lfo2\;tab-stops:list 36.0pt\;"><strong fr-original-style="" style="font-weight: 700\;">Implement</strong> controls that support sustainable company growth</p><div align="center" style="margin-bottom:0cm\;text-align:center\;  line-height:normal\;"><hr size="2" width="100%" align="center" fr-original-style="" style="clear: both\; user-select: none\; break-after: page\;"></div><p style="margin-bottom:0cm\;line-height:normal\;"><strong fr-original-style="" style="font-weight: 700\;">About the instructor<u>:</u></strong></p><p style="line-height:normal\;"><strong fr-original-style="" style="font-weight: 700\;">Wayne Newell\,&nbsp\;</strong>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.</p></div><div><br></div></div><div><br></div></body></html>
LOCATION:Edmonton AB
UID:e.2559.1298070
SEQUENCE:3
DTSTAMP:20260416T233305Z
URL:https://members.edmca.com/education/Details/profitability-in-construction-october-27-2026-1519442?sourceTypeId=Hub
END:VEVENT
END:VCALENDAR
