Understanding the Business Decision Making Process in Construction Contracts 2 Credits
Construction Audit Series
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This webinar is a part of the Construction Audit Series by Denise Cicchella!
US Bureau of Labour Statistics shows that as of January 2020, there were $7.59M people working in the construction industry. In addition, data from the Association of General Contractors of America shows that the construction industry has more than 600,000 employers in the US and creates nearly $1.3 trillion worth of structures each year.
Construction is a risky business. Each construction project is unique and comes with its own set of challenges and opportunities. Identifying and managing construction project risks can be tricky, but not impossible with careful planning and execution.
Before you put a shovel to dirt, your construction project needs to be approved by Strategic Planning or Executive Management.
The business decision-making process is a step-by-step process allowing professionals to solve problems by weighing evidence, examining alternatives, and choosing a path from there. This defined process also provides an opportunity, in the end, to review whether the decision was the right one.
The decision-making process involves identifying a goal, getting the relevant and necessary information, and weighing the alternatives to make a decision. The concept sounds simple, yet many people overlook some of the critical stages and risks that occur when making decisions.
Key Topics Covered:
This CPE Auditing Webinar will explain that process, talk about best practices, and learn about different evaluation methods.
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Pre-requisites
Advance Preparation
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Denise Cicchella is a seasoned expert in audit and compliance, boasting over two decades of experience in the industry. As a Certified Internal Auditor (CIA) and Certified Fraud Examiner (CFE), she has a distinguished track record of enhancing organizational integrity and efficiency through meticulous financial oversight and strategic risk management. Denise’s expertise spans various sectors, including healthcare, manufacturing, and finance, where she has consistently demonstrated her ability to uncover and mitigate fraud, optimize internal controls, and drive compliance initiatives.
Denise is a published author and has written four books on internal audit and project management. They are:
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To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.
After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.
We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.
MO
The real world experiences and stories make this webinar interesting and engaging.
WK
Great presentation.
Dec 23, 09:00 AM ET
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