Construction Business Management
Gold Seal: 5 Credits * BC Housing: 16 CPD Points
Description
Participants will learn how to improve the management and business systems of their construction company.
At the end of the course participants will be able to:
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Understand the strategic planning process and how to implement it within its context.
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Understand the importance of a business plan and how to prepare one.
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Understand the participants within the construction industry – their roles, responsibilities, and limitations.
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Understand the benefits of participatory management culture.
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Formulate a marketing plan and understand the marketing mix.
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Develop a human resource management plan.
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Understand the employment cycle/process.
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Develop an employee performance evaluation system.
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Increase staff morale and engagement.
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Understand operational planning for construction companies.
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Formulate a financial plan, budgets, ratios, and break-even analysis.
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Understand the importance of financial internal controls.
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Develop benchmarks and key performance indicators.
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Understand bonding and insurance for construction companies.
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Use risk management tools to identify risk and how to mitigate risk.
This course consists of a blend of 16 hours of instructor-led sessions plus an online/exam portion involving research, reading, and answering questions (7-8 hours) that will be marked by the instructors.
To receive a 5 Gold Seal accredited certificate, you must complete the online/exam portion after the instructor-led sessions.
Delivery Method: Virtual with Zoom Meetings or In-Person/Classroom delivery available.
Course Fee Includes: Access to the course, all books and materials, and a digital certificate upon completion.
This course is delivered in partnership with local and provincial construction associations across Canada. You will be participating with a group of industry peers from multiple regions.
Sharing a single registration between two or more individuals is not permitted. Please register each person that will be in attendance.
Prerequisites
There are no prerequisites for this session.?
Who Should Attend
This course is designed for Construction Owners, Managers, Estimators, Supervisors, and Staff.
What Previous Participants Have Said
"Provided great insight into business planning. Provided a better understanding of financial planning and how to understand balance sheets"
"Terrific content for startup companies"
"Well explained. Enjoyed the group discussions and class input"
Technical Requirements
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Computer or laptop
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This course will involve on-screen interaction with your instructor and classmates, reading/viewing on-screen content (slides or videos), and interacting via typing with questions or responses. For this reason, cell phones may not be adequate.
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Windows 10 or Mac iOS.
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Webcam (Mandatory)– in order to engage and collaborate, participants will be expected to have their webcams on for the duration of the class
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Microphone (Mandatory)
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Internet connection- For best results, you will want to ensure you have an internet connection with an upload/download speed of 3-5 Mbps. You can test your internet speed here. The minimum recommended speed is 1.5 Mbps, but anything below 3 Mbps may result in loss of quality or buffering. Ideally hardwired connection versus wireless for stability - connect your computer directly to your router using an ethernet cable, rather than using your home wi-fi.
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A quiet space with minimal distractions –The microphone will be engaged for interactive sessions. Please plan to be fully engaged in the class and clear your work schedule just as you would for the in-class program.
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Comfortable chair