Profitability in Construction

Course dates: May 26, 27 & 28 | Oct. 27, 28 & 29

3 Half-day Interactive Sessions (Live Online)

Gold Seal Accredited: 2 Gold Seal Credits

Managing Costs, Cash Flow & Performance

Course Overview

Construction is demanding. Between labour shortages, tight margins, and growing overhead, it’s not enough to simply finish the job—you need to finish profitably.

The course was designed for construction professionals who want to improve the management of time, people, and money, whether they’re working on-site or in the office. It provides practical knowledge and tools to help reduce costs, improve cash flow, and enhance performance.

This isn’t a lecture—it’s a hands-on, results-focused workshop tailored to your daily challenges

What You Will Learn

  • Understand the construction project life cycle and key financial risk points
  • Structured approaches to project cash flow and cash flow forecasting
  • Recognize impact of labour productivity, delays, and change orders on profitability
  • Use job cost reports and project evaluations to monitor project performance
  • Apply financial tools such as net present value to evaluate capital acquisitions
  • Understand revenue recognition, accrual accounting, and budgeting in construction
  • Implement overhead controls and effective accounts receivable management
  • Track success using Key Performance Indicators (KPIs) and Productivity Metrics
  • Understand how bonding, insurance, and financial partners influence growth
  • Strengthen internal financial controls to protect company assets
  • Understand the impact of prompt payment legislation and annual holdback release

Participants will work through practical exercises and real-world case studies that reflect some common financial and operational challenges faced by contractors.

Who Should Attend

  • Project Managers – seeking stronger cost control and planning skills.
  • Estimators – connecting estimates to real-world financial outcomes.
  • Senior Managers & Owners – increasing operational efficiency and profitability.
  • Gold Seal Candidates – gaining key financial insight for certification and career growth.
  • Site Supervisors & Superintendents – improving cost awareness and accountability.
  • Financial managers, controllers, and accountants working in construction

This course is especially valuable for those looking to boost profitability, enhance financial management, and foster sustainable growth.

Attendance at this course earns 4 Gold Seal Credits.

Key Benefits

  • Connect job site activities with financial results
  • Improve project profitability and productivity
  • Strengthen cash flow management
  • Use financial reports to support better decisions
  • Implement controls that support sustainable company growth

About the Trainer

Meet the Instructor

Wayne Newell has more than 35 years of financial and operational experience in construction, service, and manufacturing. A Certified Management Accountant since 1972, Wayne has trained over 4,000 professionals across Canada, the U.S., and the Caribbean. His workshops are grounded in practical solutions and delivered with clarity and impact.

Ready to turn your role into a results-driver?

Whether you’re leading projects, managing teams, or preparing for the next step in your career, Wayne Newell’s courses deliver practical strategies that drive real improvements.

From profitability and financial management to operational efficiency, every course is designed to help construction professionals lead with clarity, confidence, and measurable impact.

Explore the full range of training options and find the right course to support your professional growth and your company’s success.

Questions about this Course or Others?

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