September Monthly Program: "Building a Stronger Bottom Line: Enhancing Labor Productivity in Construction"
Sep 21, 2023 - 11:30 AM (PT) - Doubletree Suites – 320 N. 44th St. Phoenix, AZ 85008
Hosted by Valley of the Sun, Phoenix, AZ
About this Event
Due to having to provide a count to the venue for attendance at noon on September 18, 2023 and no ability to increase the count once given, registration is now closed.
In an ever-competitive construction industry, labor productivity is key to achieving both efficiency and profitability. This presentation unravels the current challenges hampering labor productivity and highlights the potential opportunities for labor cost savings through increased efficiency and field preparedness. By diving into the operational best practices that are linked to labor productivity, attendees will gain insights into effective strategies that foster both contractor profitability and overall operational excellence. Attendees will also learn industry best practices regarding data collection and analysis on labor productivity, labor cost and gross profit margin.
Learning Objectives
Understanding the Challenges: Grasp the current obstacles and inefficiencies in labor productivity within the construction industry and their impacts on overall business profitability.
Connecting Operational Best Practices with Profitability: Understand the key operational best practices that align with your business that facilitate improved field productivity and contractor profitability.
The Importance of Reliable Cost to Completes: Cost to completes are a key indicator in project and company performance. Understand the trends between the reliability of cost to completes with operational best practices and contractor profitability.
CFMA VoS Members: Bring a First Time Guest at no Charge. Simply email vosadmin@cfma.org with your guest's name, company and email address to get them signed up.
Huge THANK YOU to this Program's Sponsor!
The Construction Financial Management Association (CFMA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: https://www.nasbaregistry.org/