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Tracking Heavy Equipment Utilization in Construction

This course focuses on maximizing utilization in equipment accounting and covers definitions, quantitative measures, costing, telematics, risks, and practical applications of single and dual rates.

Through case studies and real-world examples, you’ll gain a comprehensive understanding of how to analyze and apply utilization principles in equipment accounting.

After this session, you will be able to:

  • Define the key definitions and principles of utilization in equipment accounting.
  • Apply quantitative measures and costing methodologies related to utilization.
  • Analyze telematics and recognize the inherent risks to utilization.
  • Apply both single and dual rates in the context of utilization.
  • Estimate with dual rates effectively.

Level & Prerequisites
This program is a Basic level online self-study course that was developed for professionals with 0-3 years of experience in construction finance. No prerequisites or advanced preparation is required.

CPE Information
Earn .5 CPE credits in the field of Specialized Knowledge upon successfully completing this course and achieving at least 70% on the final exam.

CCIFP Information
Earn .5 CCIFP Professional Development credits which can be applied toward the General or Construction Knowledge requirement.

CPE Note
Please note: this on-demand course was reformatted from a session from CFMA’s 2024 Annual Conference. Learners are only authorized to claim CPEs for this course once.

Course Length

The estimated time to complete the course and final exam is approximately 40 minutes, depending on the pace of the learner.

Who Should Take This Course?

  • Business Owners
  • CFOs
  • Construction Financial Professionals
  • Contractors
  • Controllers
  • CPAs
  • Professional Advisors
  • Risk Managers
  • Subcontractors

Price

  • $45 for CFMA Members
  • $55 for CFMA Non Members

Contributing Developer

CFMA Colleague Discount

If you are a CFMA member and would like to enroll someone at your company in this course who is not a CFMA member, please contact CFMA at education@cfma.org for more information.

CFMA Group Discount

If you are interested in registering a group of individuals at your company, please contact CFMA at education@cfma.org for more information.