Controlling Financial Risk: Best-in-Class Tools for Supervisors

In a construction world where margins are small and risks are high, all members of your team must understand their roles in minimizing financial loss and maximizing financial gain. This session will cover two topics: Effective Change Order Management and Key Performance Indicators.

Change orders are one of the largest risks to a construction project’s financial success. This section will cover the supervisor’s role in assessing risk, estimating costs and evaluating impacts to production. In addition, we will provide you with guidelines on how to defend and win change order approvals.

Effective financial management expertise is expected at the top-end of your operation. However, effective project financial management at the supervisor level is also critical to your company’s financial success. You will learn how to identify the key signs that monitor project performance allowing you to drive responsibility to the field level, affecting the greatest positive change. Discover how to automate processes throughout different levels of your organization so that the correct information is reaching the appropriate staff levels in a timely manner.

Construction Supervisors looking to refine and enhance their leadership skills. To maximize your learning experience, ideally you will have completed the BST program and/or have experience leading teams.

Stephane A. McShane, Associate Director, Maxim Consulting Group

Stephane McShane is the Associate Director at Maxim Consulting Group responsible for the evaluation and implementation processes with clients. Stephane works with construction-related firms of all sizes to evaluate business practices and assist with management challenges. Stephane’s experience in the industry has given her extensive knowledge on the operational challenges companies face. Her areas of expertise include leadership development, executive coaching, organizational assessments, strategic planning, project execution, business development, productivity improvement and training programs. Stephane is an internationally-recognized speaker, mentor and teacher. Her ability to motivate, inspire and create confidence among work groups is extremely rare and very effective.

Stephane possesses the rare combination of talent from being in the field as an apprentice, electrician and foreman, and then working her way through each operational chair within a successful electrical construction firm. This talent is what makes her tremendously effective at operational and organizational assessments today. She has successfully conquered every operational position from being an estimating trainee through executive management. She has built, trained and led her teams to become the undisputed leaders in their markets. She is able to quickly identify organizational positives and negatives and assess appropriate action steps and throughputs.

The Building Supervisors in Leaders (BSL) program builds on the previous modules in the Building Supervisors for Tomorrow (BST) program by introducing more comprehensive leadership skills and complex issues.  The program is intended to propel on-site supervisors into authentic leaders – trusted, genuine, motivated individuals who are mission-driven and consistently generate positive results.

This comprehensive program provides it all, and is delivered in manageable segments by industry experts with extensive hands-on experience in construction’s ICI sector. Participants have the flexibility to attend modules in any order. Upon completion of all seven sessions participants will be awarded a Building Supervisors into Leaders (ICI) certificate.

2022 BSL Schedule: 

• Building and Managing Customer Relationships: The Supervisor’s Role - Thursday, March 3, 2022
• Managing Field Productivity to Improve Bottom Line - Wednesday, March 16, 2022 
• Building Leaders: One Step at a Time - Wednesday, April 13, 2022  
• Controlling Financial Risk: Best-in-Class Tools for Supervisor’s - Friday, April 22, 2022   
• Change Happens: Lead Your Crew with Confidence - Wednesday, April 27, 2022 
• The Supervisor’s Role in Quality Management: Managing Shop Drawings, Samples and Submittals - Thursday, May 5, 2022 
• Lean Construction for the Job Site - Thursday, May 12, 2022