Product Overview
Course Overview
This Gold Seal accredited course is designed for project management professionals who want to bridge the gap between field operations and accounting practices. By the end of this course, participants will walk away with the tools and insights to:
- Understand Project Financials.
Clarify financial roles and improve team accountability. - Navigate Industry-Specific Challenges
Identify common construction risks, contract types, and operational hurdles. - Read and Interpret Financial Reports
Understand revenue and cost accruals—and how they impact financial statements. - Forecast Cash Flow & Equipment Acquisition Planning
Strengthen cash flow management, receivables strategies, and fixed asset planning. - Comprehend Generally Accepted Accounting Principles - GAAP
Get comfortable with accounting terms and the core principles of GAAP. - Control Labour Costs & Boost Productivity
Address productivity issues, and tackle labour shortages head-on. - Recruit Smarter
Explore inclusive hiring practices to attract youth, women, and newcomers. - Reduce Overhead & Manage Risk
Learn cost-control techniques and how to leverage and risk-reduction. - Streamline Project Close-outs
Improve forecasting, close projects efficiently and evaluate final costs.
Who Should Attend
This course is ideal for construction professionals who play a key role in project performance, financial oversight and strategic decision making. It is specifically designed for:
- Project Managers & Coordinators – seeking to better understand financial reports and improve project profitability.
- Construction Superintendents & Site Foremen – who want to align field operations with financial targets and improve cost control.
- Estimators & Planners – looking to reduce profit leaks and improve cost accuracy.
- Controllers & Accountants – who need deeper insight into project operations to strengthen financial reporting and cash flow management.
- Department Heads & Division Managers – responsible for labour, equipment and operating budgets.
- Company Owners & Senior Executives – aiming to reduce overhead, boost productivity and improve company-wide financial health.
Industry Credits
- This course is worth 4 gold seal credits.
- This course is worth 12 Informal Continuing Professional Development (CPD) credits as approved by BC Housing.
Course Format
- Live, Online, Instructor-led training. This is a highly interactive course facilitated by the instructor on a video platform.
- You will be expected to have your webcam on during the whole class and participate in break-out rooms, small-group discussions, and other activities with your instructor and classmates during the course.
- Course access information will be provided to you in advance of the training by your instructor
- Full attendance and participation in all four sessions is mandatory for course completion. If a student misses a class session, we are unable to transfer registration or provide a partial refund of the registration fees.
Course Requirements (Technology & Participation)
This course requires full face-to-face interaction and participation from both the instructor and students. In order to attend, you’ll must make sure you have the following:
- Computer or laptop with webcam (webcams are mandatory): This course will involve 100% on-screen interaction with your instructor and classmates, reading/viewing on-screen content like slides or videos, and interacting via typing with questions or responses. For this reason, you must have a webcam and use a full computer/laptop, and we do not permit students to attend using a tablet or cell phone.
- A quiet space with minimal distractions: Please plan to be fully engaged in the class, and clear your work schedule just as you would for attendance in an in-class program.
This course is offered in partnership with construction associations across Canada and you'll be participating with a cohort with peers from throughout the country.
Refunds or Transfers:
- Five (5) or more business days before the course start date: Full refund of registration fees or can be transfers to a different course date.
- Less than five (5) business days before the course start date and course no-shows: No refunds or transfers to future course dates.
- For a complete document on the NRCA Education Policies, click here.
Other Policies
- Substitution of another member of your company/team is permitted up to the course start date for no additional fee.
- Unless otherwise stated, every person able to see, hear, and observe the virtual course sessions must be a paid participant. Non-compliance of this requirement will result in removal from the course. Refunds will not be issued to students who are removed from the course for non-compliance of this requirement.
- If the NRCA has to postpone or cancel courses due to insufficient enrolment, NRCA will refund the registration fee or, if possible, the attendee may choose to move to an identical session in the future.
