In-House Training
Effective Management and/or Auditing of Construction Activity
Our in-house training is conducted either in-person at your location or virtually at a time convenient for you.
Familiarized training: All of our construction related in-house training includes preliminary familiarization with customer example project documents. When we familiarize a course, we take time to review examples of your project documents including construction contracts, change orders, contractor invoices, etc. This review helps us to better address the specific training needs of your organization and your projects.
Effective management and/or auditing of construction activity is one of the more significant challenges facing many organizations. We can deliver this seminar to both auditors and construction management representatives at the same time. We can also deliver this seminar only to management or only to an organization's construction auditors.
This training provides attendees with specific “how-to” construction cost control techniques and other industry specific information which will help attendees maximize their ability to achieve effective construction cost avoidance and/or cost recovery opportunities.
Effective Management and Auditing of Construction Activity
-
Controlling construction costs objectives
-
Project team roles and responsibilities
-
Delivery systems – fast track, design build, conventional
-
Contract procurement methods, types, and phases
Cost Plus and Time and Material Contracts - Typical Overcharges
-
Design contract billings for time and reimbursables
-
Billings for personal computer and/or mainframe computer time
-
Construction contractor and/or construction manager billings for labor and labor burden
-
Billings for contractor-owned equipment, third-party equipment rental, expendable tools, equipment and consumables, and material used during construction
-
Transactions dealing with subcontractors
Auditing Construction Change Orders
-
Typical overcharges in lump sum change orders
-
Mechanical change order – discussion exercise
-
Electrical change order – discussion exercise
-
Change order labor and labor burden pricing
Auditing Lump Sum or Unit Price Contracts
-
Quality and scope of work overcharges
-
Substitution of materials or methods
-
Not performing required services
-
Not installing proper quantities
-
Special types of lump sum contract overcharge situations
-
Adjusting allowances
-
Required bonds and insurance
-
Improper charges for sales tax
-
Special unit price overcharge situations
-
Excessive quantities billed
-
Improper measurement method used
-
Inaccurate measurements
-
Billings for excessive quantities actually performed
Contact Information
Course Sponsor and Continuing Education Credits
All participants are eligible to receive up to 16 Continuing Professional Education credits (CPE’s) to fulfill professional accreditation requirements. Field of Study: Finance – Technical. Course Level: Basic. Group-live, lecture-style seminar; no prerequisites or advanced preparation required. For information regarding CPE, complaint, or program cancellation, please contact Ashley Humphries at (214) 551-4942 ashley.humphries@rltownsend.com or Rich Townsend at (972) 679-6762 or email rltownsend@rltownsend.com.
To learn more about in-house training for your organization fill out the form below or call:
Rich Townsend 972-679-6762
Ashley Humphries 214-551-4942
Construction Audit & Cost Control Institute (CAACCI) is registered with the National Association of State Boards of Accountancy (NASBA), as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org