According to participants in our Principals’ Bootcamps and Project Management Bootcamps, PSMJ Resources Inc. continues to find A/E firms are plagued by projects running over budget. Several years ago, it was hard to just find enough good people to complete your projects – so it was hard to lose money as a result.

Now however, the financial challenges have been compounded in this new economy, when at times there are more people available than projects – and we have agreed to a lower fee than usual or what we thought was necessary, just to keep our key clients as well as retain our best people.

Particularly in today’s world of economic challenges with more competition and fewer projects and more demanding goals in the A/E/C industry – we need more than ever solid and simple ways to keep our projects under budget every time. However, despite all the talk about the need to take those key steps to achieve this critical business goal, we still hear frequently from many firm leaders struggling with how they can do it.

We do see and work with some of the most successful firms, who are already using these strategies extensively. But even firms that are using these simple methods that are in this webinar, are continually challenged with issues including extensive unanticipated rework, difficulty in matching billings with the accelerated pace of work, and effectively and efficiently handling the array of changes that bombard every project and still get compensated fairly for the time and effort involved.

This energizing 90 minute webinar will focus on strategies and tactics to set up and successfully manage your projects and the changes they go through – and how you and your firm can benefit. We’ll cover the key points below and provide additional tips and tools for developing a process-driven approach to create success for you and your team and your firm. Specific points that we’ll cover include: 

• How to set up your projects for success from the very start 
• How to successfully and easily monitor and track project progress 
• How to effectively manage change – and get compensated for it 
• How you and your team can stay on track – and easily and quickly spot when you are deviating from your plan early enough to maximize your chances to recover 
• How you can get back on track with easy methods that every firm should use 
• How to avoid pitfalls that have tripped up even experienced professionals in implementing the above processes and tools

Whether you are simply dissatisfied with the financial results your project teams have been achieving or want to overhaul or just refine your project financial tracking process and better and more easily integrate it with your accounting system, this webinar with the best practices processes that the most successful firms are using is designed for you!

The webinar recording is available for viewing for only $249 (newsletter members can purchase the recording for only $149). Call PSMJ's Education Department at (800) 537-7765 or (617) 965-0055 for more information.

As a project delivery consultant with PSMJ Resources, Christopher Martersteck, AIA, LEED AP, DBIA has led hundreds of Project Management Bootcamps for thousands of A/E/C project leaders around the globe. He has been the Director of Project Management and Integrated Project Delivery for some of the most successful A/E/C firm and has personally led A/EC teams on over a billion dollars of projects. Chris has also set up systems to manage, monitor and track many times that amount for a host of A/E/C firms. His Profile is at: http://www.linkedin.com/in/christophermartersteck