Deep Dive Into Construction Work in Progress


June 12, 2024 - 2:00 p.m. ET




John Meibers
Vice President & General Manager, Deltek

Work in progress (WIP) is key to construction job costing, allowing contractors to proactively manage their jobs and businesses. By leveraging WIP reports, contractors can set their projects and business up for success.

In this webinar, you will learn:

    • What WIP is and why it’s essential
    • How WIP works with schedule of values, backlog, general ledger, etc.
    • How to compare and analyze WIP reports from different time periods to stay on top of jobs
    • How to calculate the progress of all ongoing work, allowing you to see what’s been done and what’s left to do—helping you manage budgets effectively.
    • To create accurate financial statements, outlining exactly what was spent on individual projects and where.

Construction Executive does not provide CPE credits or certificates for webinar attendance