As the new CFO for BFW Engineers, one of my top priorities was to find an effective Project and Business Management training program for our mid and upper level managers. We were looking for a convenient and cost-effective program to train our busy managers on best practices for running a profitable and successful engineering firm. Our goals for the program were to improve our processes and systems, while giving our team a solid understanding of financial management concepts, with a long-term goal of improving profitability.
After looking at several different programs offered in the A&E industry, we selected the AEC Business Solutions Find the Lost Dollars program. We felt this program was best suited to our firm because it combines industry best practices with group discussions that enabled us to customize the format to our own schedules and company objectives.
The Find the Lost Dollars program was a perfect choice for us providing high quality industry-specific online courses in an engaging and interactive format. We have put two groups of managers through the course, including firm leaders, and are seeing long term changes in their daily project management practices and awareness of crucial financial management issues. We have also implemented some new processes as a result of the training, including improved project management reporting, tightened proposal and contract language, more detailed estimating templates, and streamlined billing and AR collections.
The Find the Lost Dollars Business Management Training Program has given BFW a competitive advantage by helping us better control scope creep while improving our client service and execution. I highly recommend the program to any A&E firm looking to improve both their firm’s operational and business practices, as well as the state of mind and performance of their professional staff.
David Belt, CFO