General and Specialty Contractors' Dynamics & Understanding and Managing Project Costs
Date(s): February 20th, 2019
Duration: 1 day session
Time: 8:30 am – 4:00 pm
Member Price: $450.00 + HST
Non-Member Price: $585.00 + HST
Who Should Attend: Experienced Foremen, Superintendents, and new Project Managers.
This course addresses the use of construction management and design-build/fast track from the perspective of specialty trade contractors. Specialty Trade Contractors are those whose construction work requires special skill and whose principal contracting business involves the use of specialized building trades.
Participants will assess the various specialty build contracts and the typical types of risk inherent to this type of construction process.The participants will also develop an understanding of differences in contract administration practices that must be made to implement the various project delivery methods. The training will involve discussion on the assessment of roles, relationships and responsibilities of the contracting parties that may vary considerably for each methodology.
The course also covers the pre-construction process and how project estimates are compiled, how to compare actual project costs with those estimated, and how to control costs to meet the estimate. Participants will also learn the value of effective supervision of workers to improve the Supervisor’s ability to manage costs in the construction process. The learning group will also review construction estimates, who controls project costs, reporting and analyzing actual costs, labor cost variances, working with project partners and the importance of risk management.
Facilitator(s): Donna Hoar, GSC, CHC, Vice President, Grey Cardinal Management Inc.