Project Management
• Liabilities and risk • Assist Construction Project Managers • Channel communication •
Business Development
• Improvement of revenues cycles and seasonality, future funding’s and project assessments
Accounts Receivable
• AR turnover
Challenge
• No experienced project managers, continually lost revenue
Project Management:
Identify, monitor, manage and execute areas of concern regarding potential liabilities and risk.
Assist in training and developing process and procedures for Construction Project Managers understanding of firm procedures, methodology and practices expected for a successful project implementation.
Establish process of proper channel communication in between internal and external leaders and to be fully and accurately informed of all project, internal and client issues affecting the perception of the local, national reputation of the firm.
Business Development:
Directly responsible for improvement of revenues through the maintenance and expansion of existing client relationships and by developing new relationships. Also, enhance understanding of revenue cycles and seasonality. Provided insight and analysis of various KPI’s in sales, operational and financials as well. Provided advising services regarding to future funding’s and project assessments.
Accounts Receivable
Provided analysis on AR turnover and identified reasons and solutions for improvements. Ensure that all account managed and followed process set by corporate finance or project manager.
Challenge: company was young with no experienced project managers, despite the great product and execution, company continually lost revenue.
No proper financial software to unify the flow of information
No clear strategic goals
No appropriate budgeting processes
No appropriate forecast/intelligence data provided
No appropriate insight into competition
Cash flow issues
Solution:
Detail KPI’s analysis of margins
Identification and improvement of the weakest links
Replacement of the system company used with minimal interruption of daily operations
Improvement of revenue cycle, education and training of PM’s
Emphasized importance of project cash flows
Establish and develop appropriate models for forecasting and budgeting purposes
Established and managed marginal analysis
Established appropriate process and procedures
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