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1、Cost and Revenue Forecasting:Learn How Cost and Revenue Forecasting Can Maximize ProfitabilityJoel Hoffman&Mike Gillum2Presented byJoel HoffmanDirector,Product Management ConstructionMike GillumProduct Specialist3AgendaIntroductionLearning Objectives Session Overview Business Scenario DiscussionDemo
2、nstrationQuiz Summary and Key TakeawaysQ&A|Survey Completion4CPE DisclaimerThis session is NASBA-compliant,and you may get 1 CPE credit if you fulfill the following requirements:Participate in at least one quizProvide your full name and email address when you complete a quizFailure to provide your f
3、ull name and email address will result in Acumaticas inability to recognize you in our reports;thus,we will be unable to issue a CPE certificate for you.If you are not interested in getting the CPE credit,specifying your personal details is optional.Learning Objectives6Learning ObjectivesIn this ses
4、sion,you will learn how to do the following:Identify variances in Projected Cost at Completion that can signal margin fadeCompare cost and revenue budgets at a Project,Task,and Cost Code levelUnderstand what role managing commitments plays in cash flowBe notified when a project is underperformingSes
5、sion Overview8Importance of ForecastingIn todays dynamic business environment,cost and revenue projections play a crucial role in various aspects of project management,reducing barriers to accurate cash flow forecasting.By leveraging these projections,businesses can maximize their success and profit
6、ability.Cash flow may seem straight forward,but it can take a wrong turn if a job makes less than expected.Without the right systems in place,things can spin out of control and be hard to correct.Estimating cost and revenue allow more accurate over/under billing entries on the WIP.Summarizing Import