Independent Contractors and Businesses Association (ICBA)

Participants will develop skills and knowledge of how to manage a construction project. Participants will gain an understanding of the project processes and constraints encountered by project managers and how to successfully manage a complex project.

At the end of the course participants will be able to:

• Understand the importance of project planning

• Understand the Project Management Body of Knowledge (PMBoK 5th Ed)

• Use the appropriate CCDC/CCA contract and/or Purchase Orders for the project

• Use risk management tools and mitigate for risk

• Understand the estimating process

• Understand the importance of scheduling and use appropriate scheduling tools

• Understand expectations management and adapt communication accordingly

• Understand the components of projects – labour, materials and overheads – and use of techniques to maximize job profitability and minimize costs

• Do post-mortem analysis after project completion

• Understand the impact and methodology of construction cost control

• Use of site and office project cost control methods

• Use Construction Industry Codes to analyse costs vs budget

• Adapt the project estimate to a project budget

• Understand how job costing fits within the overall accounting systems

• Understand Return on Investment (ROI) and how this impacts required project profit margins

• Understand the contract process from bidding to project close-out

• Use of job profit forecasting methods to integrate into company forecasting systems

• Understand the importance of cash flow projections for construction companies

Two days (16 hours) of lessons with instructors plus an online portion involving research, reading and answering questions (7-8 hours) that will be marked by the instructors.