RedVector RV-7011

Financial Management 8: Controlling Labor Costs

Financial Management 8: Controlling Labor Costs

1 hr. Online Course

Level: Intermediate

Item#: RV-7011

SME: Frank Stasiowski

This course has been discontinued.

 
 

Cash flow is the life blood of your firm and lack of cash is the primary cause in 92 percent of all bankruptcies. Increasing cash flow, managing cash, and using cash to your best advantage is as important to your business as superior architecture or design work. This 1-hour interactive online course helps you control labor and overhead costs and increase your likelihood of profitability on every project.

This is the eighth chapter of the "Financial Management for the A/E/C Firm" course series from PSMJ Resources, Inc. offered through RedVector.com in its entirety. We strongly recommend that you take all nine chapters of this course series.


Vector Solutions has a long history of providing industry-specific content for its customers. While this course and its content remain accurate and functional within our systems, the look and feel may not match our more modern offerings.
Course Objectives

After completing this course, you will be able to:

  • Increase efficiency and reduce the costs of labor
  • Use prudent employee bonuses to motivate top performers
  • Use alternative methods to cut costs in a business downturn
  • Identify the danger signals of overhead costs getting out of line
  • Utilize worksheets and sample rate calculations

This course includes a multiple-choice test to gage your understanding of the material.

State Licenses
AK - Land Surveyor (General)
AL - Land Surveyor (General)
AR - Land Surveyor (General)
GA - Land Surveyor (General)
IA - Land Surveyor (General)
ID - Land Surveyor (General)
KS - Land Surveyor (General)
KY - Electrical Contractor (Business Practice)
LA - Contractor, Residential (General)
LA - Land Surveyor (General)
MD - Land Surveyor (General)
ME - Land Surveyor (General)
MN - Land Surveyor (General)
MS - Land Surveyor (General)
MT - Land Surveyor (General)
NC - Land Surveyor (General)
ND - Land Surveyor (General)
NJ - Engineer (General - 24GP000006300)
NM - Land Surveyor (General)
NV - Land Surveyor (General)
OH - Land Surveyor (General)
OK - Land Surveyor (General)
SC - Land Surveyor (General)
SD - Land Surveyor (General)
UT - Land Surveyor (General)
VA - Land Surveyor (General)
WA - Land Surveyor (General)
WI - Land Surveyor (General)
WV - Land Surveyor (General)
WY - Land Surveyor (General)
Professional Organizations
BOMI International - RPA, FMA and/or SMA (General)
Building Operator Certification - BOC - Certification (General)