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Management Consultants for the Construction Industry

Construction CEO

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Construction CEO. Management Consultants for the Construction Industry. Mission Statement. To provide the highest level of personal financial services in a friendly, professional manner To encourage contractor clients to establish and extend effective management systems in their companies - PowerPoint PPT Presentation

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Page 1: Construction CEO

Management Consultants for the Construction Industry

Page 2: Construction CEO

To provide the highest level of personal financial services in a friendly, professional manner

To encourage contractor clients to establish and extend effective management systems in their companies

To increase the knowledge and ability of our clients to manage and control their financial well-being

To provide sound financial/operating management advice in order to maximize clients corporate value while minimizing risk

Page 3: Construction CEO

Construction CEO is dedicated to the safe and successful growth of their construction clients by strategically implementing comprehensive and practical management systems. CCEO will minimize business risk by maximizing critical information flows to the CEO. Throughout the organization, CCEO will provide the Client CEO with the necessary tools for the critical information needed to manage his growing company. The objective is to maximize company value and minimize business risk

Page 4: Construction CEO

Review Why Contractors Fail

Focus on Why Contractors Succeed

Establish Basic Premise - Knowledge/Education/Commitment to Change will bridge the gap for success

Implement Contractors Navigation System to accomplish Mission Statement

Support Client in the continuing commitment to use the Integrated Management Systems put in place

Page 5: Construction CEO

A. Construction Companies need to be Micro Managed

B. Construction Companies Require a High Level of Standardization in a Non Standardized Industry

C. Manage the Negative VariancesD. Construction Companies fall into Project Based or

Management Based ModelsE. Growing Construction Companies require the

proper balance between Leadership and Management

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A builder must:Provide a guaranteed price for his unique product before any construction begins

• Avoid surprises throughout the delivery cycle

• Maximize your resource allocation and business capacity

• Maintain clear visibility into your business performance at the project level

• Avoid and protect yourself against downside risk

Page 8: Construction CEO

Estimating Scheduling Document Management

Page 9: Construction CEO

Project management software enables contractors to successfully plan, manage, control and deliver projects. The end result is improved client service without sacrificing project performance.

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“ If you hire, fire or spend money in your daily activities, your job is one of management. Management at any level in a contractor company involves the proper use of people, money, equipment, market information and organization. No matter how narrow the scope of your job as a manager, the decisions that you make influence the performance of the total company. …

Page 11: Construction CEO

“These decisions may be right for a job that is viewed merely as getting more sales. Yet if cash flow of the project is wrong; if the margin of the project is wrong; if the cost mix of the project is wrong; if the financial capacity of the company cannot support the project; or if the organization cannot perform the project; these decisions may be wrong”

Jerry Jackson Financial Management for Contractors

Page 12: Construction CEO

Financial and Accounting Management are the core skills necessary for a CEO to properly lead his organization to financial success.

Page 13: Construction CEO

Financial Statements Job Cost Reports Budgets Cost Loaded Schedules Cash Management

Page 14: Construction CEO

Risk Management is the process of making and carrying out decisions that will minimize the adverse effects of accidental losses upon the organization

Page 15: Construction CEO

Making these decisions requires the following 5 steps in the decision process: 1. Analyze Loss Exposures 2. Examine Alternative Risk Management

Techniques 3. Select RM Techniques 4. Implement Techniques 5. Monitor Results

Page 16: Construction CEO

Risk Management Insurance Safety Programs Legal Analysis

Page 17: Construction CEO

“Checking the results of a decision against its expectations shows executives what their strengths are, where they need to improve, and where they lack knowledge or information.”

Peter Drucker

Page 18: Construction CEO

Creating and maintaining ideal organizations are the two major goals of management.

Selecting the proper balance between Management and Leadership is critical in balancing the traditional functions and dimensions of management with the necessary spearheading of CEO Leadership.

Page 19: Construction CEO

The four dimensions of Management include:

Organization Design. Behavioral Processes. Planning and Control. Decision Making.

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Weekly Safety Meetings

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Contract Review Procedure

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Software  

Cost

$319Quickbooks

Act/Outlook

$99.99 Estimating

$39.95 Project LOG Book

$99/$199BNI Contr Work Zone

$299 Project Kick Start

$99/$199Retirement Planner

VariousAGC Material

FreeBusiness Plans

$179.99 Sunburst Software

Page 33: Construction CEO

Project Management : www.constructionworkzone.com/index.asp BNI Estimate Sheets BNI Cost Sheets Craftsman CD Estimator BNI Cost Book Managing Subcontractors, Suppliers, and

Financial Solvency in Today's Construction Market

Page 34: Construction CEO

Project Management – Scheduling Project Log Book Job Startup - BNI Checklist Job Meeting - Agenda Management Meeting Agenda Winter Conditions – BNI Checklist Project Closeout – BNI Checklist BNI Construction Inspection Manual CPM Schedule – Project Kick Start AGC Intro to PM Handbook 26001 AGC - PM Series: Effective Meetings-Handbook

Page 35: Construction CEO

Project Management – Document Management Delay Damages – Project Log Book Business Letters – BNI, Dewalt

Page 36: Construction CEO

Financial Management - Finance Quickbooks Sunburst Software – Integrated Billing

Software CFMA Report – Financial Analysis

Page 37: Construction CEO

Financial Management – Accounting Quickbooks BNI Sub/Supplier Progress Payment Checklist BNI Final Payout Checklist FMI Completed Job Analysis Spreadsheet Cash Budget Template

Page 38: Construction CEO

Risk Management - Insurance AGC Insurance Review AGC Risk Profile IRMI Insurance Checklists Retirement Planner Software

Page 39: Construction CEO

Risk Management – Safety BNI Jobsite Safety Review STEP AGC Safety Material Accident Report Accident Prevention and Loss Control for

Construction Supervisors

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Risk Management - Legal AGC Contract Review

Page 41: Construction CEO

General Management - Planning FMI Organization Analysis Business Plan Samples FMI Situational Analysis

Page 42: Construction CEO

General Management – Human Resources ABC Position Description Organization Chart AGC Model Recruitment and Hiring Manual