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Construction CEO

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

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Construction CEO

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  1. Construction CEO Management Consultants for the Construction Industry

  2. 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 • 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

  3. Construction CEO Philosophy • 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

  4. Goals and Objectives • 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

  5. Basic Assumptions • Construction Companies need to be Micro Managed • Construction Companies Require a High Level of Standardization in a Non Standardized Industry • Manage the Negative Variances • Construction Companies fall into Project Based or Management Based Models • Growing Construction Companies require the proper balance between Leadership and Management

  6. Construction CEO Navigator

  7. Project Management • 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

  8. Project Management • Estimating • Scheduling • Document Management

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

  10. Financial Management • “ 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. …

  11. Financial Management • “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

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

  13. Financial Management • Financial Statements • Job Cost Reports • Budgets • Cost Loaded Schedules • Cash Management

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

  15. Risk Management • 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

  16. Risk Management • Risk Management • Insurance • Safety Programs • Legal Analysis

  17. General Management • “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

  18. General Management • 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.

  19. General Management • The four dimensions of Management include: • Organization Design. • Behavioral Processes. • Planning and Control. • Decision Making.

  20. Dashboards / Navigator

  21. CEO Navigator

  22. Project Management – Estimating

  23. Project Management - Scheduling

  24. Project Management - Documents

  25. Financial Management – Finance

  26. Financial Management _ Accounting

  27. Risk Management - Insurance

  28. Risk Management – Safety • Weekly Safety Meetings

  29. Risk Management - Legal Contract Review Procedure

  30. General Management - Planning

  31. General Management – HRBonus Plan

  32. Software Costs

  33. Management Tools • 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

  34. Management Tools • 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

  35. Management Tools • Project Management – Document Management • Delay Damages – Project Log Book • Business Letters – BNI, Dewalt

  36. Management Tools • Financial Management - Finance • Quickbooks • Sunburst Software – Integrated Billing Software • CFMA Report – Financial Analysis

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

  38. Management Tools • Risk Management - Insurance • AGC Insurance Review • AGC Risk Profile • IRMI Insurance Checklists • Retirement Planner Software

  39. Management Tools • Risk Management – Safety • BNI Jobsite Safety Review • STEP • AGC Safety Material • Accident Report • Accident Prevention and Loss Control for Construction Supervisors

  40. Management Tools • Risk Management - Legal • AGC Contract Review

  41. Management Tools • General Management - Planning • FMI Organization Analysis • Business Plan Samples • FMI Situational Analysis

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

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