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Virtual | 9:00 AM - 11:00 AM
Cash will always be King in construction, and it only comes from one place: Billings. Project Managers must understand the importance of cashflow, where it comes from, the ramifications of not having it, and best practices in managing the process to best benefit the company. Participants will learn the following from this workshop:
- The fundamentals of billings and cashflow, including ALL projected costs
- The definitions and differences between over/under-billing and over/under-cashed
- Top reasons an Owner or General Contractor may withhold money from progress payments and how to avoid
Recommended Audience:
Project Managers, Project Coordinators, Assistant Project Managers, Project Engineers, Estimators, and Labor Management Roles
Registration is complimentary for MCAMW & NECA Members.
Instructor
Troy Aichele
President at Aichele & Associaites, LLC
For nearly 30 years, Troy worked in every facet as a Commercial Mechanical Contractor on projects ranging from new High Rise Office and Apartment buildings to Hotels, Hospitals, Schools and Casinos under plan and specification, negotiated, design-build and design-assist delivery methods as a Prime, 2nd Tier or Joint-Venture contractor for new, remodel and mechanical system upgrade projects. Through Aichele & Associates, LLC he teaches Mechanical Construction workshops nationally focusing on Project Management, Managing and Forecasting Labor, Estimating, Effective Teams in the Workplace, Plumbing Specialty Systems, The PM and Foreman Relationship, Change Orders, Blueprint Reading, Interview Presentations, How to Perform Commercial Building Water Audits as well as Instructor Training Development.