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Top ten reasons for construction project budget disasters

One of the worst things that can happen to company management is to have to go to their Board of Directors and explain why the budget they delivered earlier will not be met. A budget disaster on a major capital expenditure program can have a chilling effect on management-BOD relations, and it can negatively impact operating profit, cash flow, credit ratings and banking relationships.

This webcast is intended to help CFOs, accountants, internal auditors, boards of directors and  audit committees from construction project owner organizations understand the most frequent and most damaging pitfalls that typically cause a construction project to bust its budget. We will also discuss how to avoid the “worst” pitfalls and how to deal with them if they do occur. The program will study the problem of budget disasters from three perspectives:

  • Construction management
  • Legal
  • Accounting and administration

This timely webcast will arm you with important guidance that can help you protect your valuable construction project investment.

 

Featured Presenters:
Our distinguished panel has decades of experience and technical skills in managing complex construction project issues. They will offer solid, proactive advice that you can immediately put to use.

  • James T. Schmid, CPA, CFE, partner and national Construction Advisory Services practice leader
  • Ronald L. Hausmann, P.E. , General Manager, Heavy Construction, Walbridge Construction, Inc.
  • Stuart Teger, Esq., partner, Honigman Miller Schwartz and Cohn LLP

For additional thought leadership from Grant Thornton, visit our construction sector webpage

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  • Locate the archived webcast (#23615 - Top Ten Reasons for Construction Project Budget Disasters) in the list of On-Demand Courses in Course Catalog, and select "enroll."
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bullet-dot.gifType:   Webcast
bullet-dot.gifStart Time:   Thursday, May 6, 2010
bullet-dot.gifEnd Time:   Thursday, May 6, 2010