Construction Accounting Toolkit

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Save time, empower your teams and effectively upgrade your processes with access to this practical Construction Accounting Toolkit and guide. Address common challenges with best-practice templates, step-by-step work plans and maturity diagnostics for any Construction Accounting related project.

Download the Toolkit and in Three Steps you will be guided from idea to implementation results.

The Toolkit contains the following practical and powerful enablers with new and updated Construction Accounting specific requirements:


STEP 1: Get your bearings

Start with...

  • The latest quick edition of the Construction Accounting Self Assessment book in PDF containing 49 requirements to perform a quickscan, get an overview and share with stakeholders.

Organized in a data driven improvement cycle RDMAICS (Recognize, Define, Measure, Analyze, Improve, Control and Sustain), check the…

  • Example pre-filled Self-Assessment Excel Dashboard to get familiar with results generation

Then find your goals...


STEP 2: Set concrete goals, tasks, dates and numbers you can track

Featuring 994 new and updated case-based questions, organized into seven core areas of process design, this Self-Assessment will help you identify areas in which Construction Accounting improvements can be made.

Examples; 10 of the 994 standard requirements:

  1. Does the act allow flexibility in cases of great emergency and when repair or replacements are necessary to permit the continued conduct of the operations or services of a public organization?

  2. Do you have problems with entries being posted or changed in closed accounting periods or transactions being posted by mistake to future accounting periods?

  3. Does an updated actuarial valuation have an impact on the amount of service cost and net interest expense for the remaining financial year?

  4. What are your organizations decision making procedures for reviewing accounting and reporting matters affecting your organization?

  5. Does the percentage of the retention or the duration of the retention that you hold vary between construction contracts?

  6. Is it necessary to adjust expectations regarding satisfaction of service and non market performance conditions?

  7. What happens if it is no longer probable that the customer will pay for the goods and services to be delivered?

  8. Does your surety organization specialize – perhaps in larger or smaller contractors or in a specialty trade?

  9. How does your particular organization differ from other contractors with your same license classification?

  10. What are the main points to consider when evaluating a move to a cloud based accounting software solution?


Complete the self assessment, on your own or with a team in a workshop setting. Use the workbook together with the self assessment requirements spreadsheet:

  • The workbook is the latest in-depth complete edition of the Construction Accounting book in PDF containing 994 requirements, which criteria correspond to the criteria in...

Your Construction Accounting self-assessment dashboard which gives you your dynamically prioritized projects-ready tool and shows your organization exactly what to do next:

  • The Self-Assessment Excel Dashboard; with the Construction Accounting Self-Assessment and Scorecard you will develop a clear picture of which Construction Accounting areas need attention, which requirements you should focus on and who will be responsible for them:

    • Shows your organization instant insight in areas for improvement: Auto generates reports, radar chart for maturity assessment, insights per process and participant and bespoke, ready to use, RACI Matrix
    • Gives you a professional Dashboard to guide and perform a thorough Construction Accounting Self-Assessment
    • Is secure: Ensures offline data protection of your Self-Assessment results
    • Dynamically prioritized projects-ready RACI Matrix shows your organization exactly what to do next:

 

STEP 3: Implement, Track, follow up and revise strategy

The outcomes of STEP 2, the self assessment, are the inputs for STEP 3; Start and manage Construction Accounting projects with the 62 implementation resources:

  • 62 step-by-step Construction Accounting Project Management Form Templates covering over 1500 Construction Accounting project requirements and success criteria:

Examples; 10 of the check box criteria:

  1. Executing Process Group: What does it mean to take a systems view of a Construction Accounting project?

  2. Project Scope Statement: How will you verify the accuracy of the work of the Construction Accounting project, and what constitutes acceptance of the deliverables?

  3. Schedule Management Plan: Are vendor contract reports, reviews and visits conducted periodically?

  4. Probability and Impact Assessment: How are the local factors going to affect the absorption?

  5. Decision Log: Behaviors; what are guidelines that the team has identified that will assist them with getting the most out of team meetings?

  6. Quality Audit: Is quality audit a prerequisite for program accreditation or program recognition?

  7. Requirements Traceability Matrix: What percentage of Construction Accounting projects are producing traceability matrices between requirements and other work products?

  8. Scope Management Plan: Are cause and effect determined for risks when they occur?

  9. Initiating Process Group: Although the Construction Accounting project manager does not directly manage procurement and contracting activities, who does manage procurement and contracting activities in your organization then if not the PM?

  10. Procurement Audit: Is the weighting set coherent, convincing and leaving little scope for arbitrary and random evaluation and ranking?

 
Step-by-step and complete Construction Accounting Project Management Forms and Templates including check box criteria and templates.

1.0 Initiating Process Group:

  • 1.1 Construction Accounting project Charter
  • 1.2 Stakeholder Register
  • 1.3 Stakeholder Analysis Matrix


2.0 Planning Process Group:

  • 2.1 Construction Accounting project Management Plan
  • 2.2 Scope Management Plan
  • 2.3 Requirements Management Plan
  • 2.4 Requirements Documentation
  • 2.5 Requirements Traceability Matrix
  • 2.6 Construction Accounting project Scope Statement
  • 2.7 Assumption and Constraint Log
  • 2.8 Work Breakdown Structure
  • 2.9 WBS Dictionary
  • 2.10 Schedule Management Plan
  • 2.11 Activity List
  • 2.12 Activity Attributes
  • 2.13 Milestone List
  • 2.14 Network Diagram
  • 2.15 Activity Resource Requirements
  • 2.16 Resource Breakdown Structure
  • 2.17 Activity Duration Estimates
  • 2.18 Duration Estimating Worksheet
  • 2.19 Construction Accounting project Schedule
  • 2.20 Cost Management Plan
  • 2.21 Activity Cost Estimates
  • 2.22 Cost Estimating Worksheet
  • 2.23 Cost Baseline
  • 2.24 Quality Management Plan
  • 2.25 Quality Metrics
  • 2.26 Process Improvement Plan
  • 2.27 Responsibility Assignment Matrix
  • 2.28 Roles and Responsibilities
  • 2.29 Human Resource Management Plan
  • 2.30 Communications Management Plan
  • 2.31 Risk Management Plan
  • 2.32 Risk Register
  • 2.33 Probability and Impact Assessment
  • 2.34 Probability and Impact Matrix
  • 2.35 Risk Data Sheet
  • 2.36 Procurement Management Plan
  • 2.37 Source Selection Criteria
  • 2.38 Stakeholder Management Plan
  • 2.39 Change Management Plan


3.0 Executing Process Group:

  • 3.1 Team Member Status Report
  • 3.2 Change Request
  • 3.3 Change Log
  • 3.4 Decision Log
  • 3.5 Quality Audit
  • 3.6 Team Directory
  • 3.7 Team Operating Agreement
  • 3.8 Team Performance Assessment
  • 3.9 Team Member Performance Assessment
  • 3.10 Issue Log


4.0 Monitoring and Controlling Process Group:

  • 4.1 Construction Accounting project Performance Report
  • 4.2 Variance Analysis
  • 4.3 Earned Value Status
  • 4.4 Risk Audit
  • 4.5 Contractor Status Report
  • 4.6 Formal Acceptance


5.0 Closing Process Group:

  • 5.1 Procurement Audit
  • 5.2 Contract Close-Out
  • 5.3 Construction Accounting project or Phase Close-Out
  • 5.4 Lessons Learned

 

Results

With this Three Step process you will have all the tools you need for any Construction Accounting project with this in-depth Construction Accounting Toolkit.

In using the Toolkit you will be better able to:

  • Diagnose Construction Accounting projects, initiatives, organizations, businesses and processes using accepted diagnostic standards and practices
  • Implement evidence-based best practice strategies aligned with overall goals
  • Integrate recent advances in Construction Accounting and put process design strategies into practice according to best practice guidelines

Defining, designing, creating, and implementing a process to solve a business challenge or meet a business objective is the most valuable role; In EVERY company, organization and department.

Unless you are talking a one-time, single-use project within a business, there should be a process. Whether that process is managed and implemented by humans, AI, or a combination of the two, it needs to be designed by someone with a complex enough perspective to ask the right questions. Someone capable of asking the right questions and step back and say, 'What are we really trying to accomplish here? And is there a different way to look at it?'

This Toolkit empowers people to do just that - whether their title is entrepreneur, manager, consultant, (Vice-)President, CxO etc... - they are the people who rule the future. They are the person who asks the right questions to make Construction Accounting investments work better.

This Construction Accounting All-Inclusive Toolkit enables You to be that person.

 

Includes lifetime updates

Every self assessment comes with Lifetime Updates and Lifetime Free Updated Books. Lifetime Updates is an industry-first feature which allows you to receive verified self assessment updates, ensuring you always have the most accurate information at your fingertips.