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22May

Profitable Contracting - VILT

Multi-day Course:
Location Title: Live, Online, Virtual Instructor-Led Training via Zoom
Cancellation Period: 5 Business Days

The Profitable Contracting course, an eight-hour, Gold Seal approved program, is designed specifically for the construction industry to address key operational and financial challenges. Learn practical strategies to control expenses, increase profitability, and eliminate common issues like labor productivity concerns, high overhead costs, below-budget profits, and cash flow headaches.

Immediate Impact on Your Bottom Line:
This course is designed for immediate application. The knowledge and skills you gain will translate directly into improved profitability and financial control for your business.

What You Will Learn:
This course, shaped by 35 years of real-world experience, covers critical topics that will directly benefit your company, including:

  • Set profit requirements and estimate effectively
  • Manage human resources, materials, and tools
  • Control change orders and job costs
  • Improve cash flow and AR collections
  • Implement risk management, internal and overhead controls
  • Manage company assets
  • Increase profits and cash flow with proven methods
  • Understand construction industry risks, bid errors, and common issues
  • Address skilled labor shortages with long-term solutions
  • Identify and reduce costs of lost productivity
  • Boost employee productivity with effective practices
  • Clarify the project manager’s role, goals, and evaluations
  • Forecast revenue and cash flow to meet profit goals
  • Safeguard company assets and reduce overhead costs
  • Use financial reports for better decision-making
  • Set measurable goals and track performance

The course equips you with the tools and strategies to improve profitability, productivity, and financial health and is supported with a comprehensive course manual, packed with detailed exercises, schedules, and insights to implement right away and improve their construction operations.

Why You Need the Profitable Contracting Course
In the construction industry, success is not just about completing projects—it's about managing costs, boosting productivity, and ensuring financial stability. The Profitable Contracting Course is designed to give you the skills and tools you need to:

  • Master financial management: Understand key financial principles and reports to make informed, data-driven decisions.
  • Control costs effectively: Learn how to reduce waste, optimize labor, and minimize overhead.
  • Improve cash flow: Increase strategies for managing cash shortages and improving financial liquidity.
  • Boost profits: Maximize profitability by mastering cost controls, resource allocation, and timely reporting.
  • Seize growth opportunities: With a solid financial foundation, you'll be positioned to take on new projects and expand your business.

Whether you're a project manager, owner, or senior leader, this course will help you drive long-term success and profitability in the competitive construction industry. 

Don't miss the chance to take your business to the next level!

WHO SHOULD ATTEND

  • Company owners
  • Department and division managers
  • Project managers and coordinators
  • Field supervisors
  • Estimators
  • Senior managers
  • Gold Seal certification candidates and
  • Anyone responsible for or capable of influencing project profitability

If you're involved in decisions that impact costs, productivity, or financial outcomes, this training was designed for you.

Course Format:

  • Live, Online, Instructor-led training
  • ZOOM invite link and course materials will be provided to you in advance of the course

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:

  1. 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.
  2. 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.

Course Dates:

  1. May 21, 2025 - 8:30am-12:30pm
  2. May 22, 2025 - 8:30am-12:30pm

Attendance in both sessions is mandatory for course completion.

BONUS:  A comprehensive course manual filled with the methods and strategies you need for your business to serve you as a reference guide.

Next Scheduled Date:  November 4-5, 2025

Course Credits:

  • 2 - CCA Gold Seal Credits 
  • 8 - BC Housing CPD points

This course is delivered in partnership with local construction associations. You will be participating with industry peers from multiple regions.

 

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Course Credits Information
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Gold Seal Credits:
2
Other Credits:
8 BC Housing CPD Points
Course Certificates

Upon successful completion of this workshop a digital copy of your certificate will be emailed to you.

Course Instructor Information

Facilitator: Wayne Newell, Wayne Newell Management & Seminar Services

Wayne Newell is a seasoned leader with over 35 years of senior financial and management expertise, having driven success stories across Canada, the U.S., and the Caribbean. His impressive career includes roles as an accountant, controller, senior financial manager, and operations manager, where he has consistently delivered results and mentored companies toward measurable, profitable growth.

 

Since 2003, Wayne has trained and inspired almost 4,000 professionals through dynamic and impactful training programs. He was awarded his Certified Management Accountant (CMA) designation in 1972 and remains passionately committed to fostering excellence and development for his peers and students.

Course Contact Information

training@sicabc.ca
778-721-8451

Profitable Contracting - VILT is currently full. Please continue to checkout or add your email address to the waiting list