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23 Mar

FMI Releases New Book About Creating Financial Acumen in the Engineering and Construction Industry

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FMI Corporation announces the publication of “Profitable Project | Profitable Business,” a book by Cynthia Cechini Paul and Ken Roper, outlining the core financial management insights needed to build your understanding and confidence to thrive in any economy. Through examples from their experience as FMI consultants, the book demonstrates how to build the financial strength of projects, and the company, while offering tips about how to prevent the potential pitfalls of tomorrow.

Construction professionals looking to improve their financial skills and understanding will benefit significantly from the content. Whether their specific market focus is residential, commercial or industrial construction, contractors, engineers and architects alike will discover the tools needed to financially understand their projects and how they impact their companies’ overall health.

Topics covered include:

  • Understanding work-in-progress reporting
  • Managing cash flow
  • The six key ratios every company know
  • Including profit in pricing models
  • Working with banks and understanding bonding
  • Managing risk across projects and the company
  • Looking ahead to avoid financial missteps

You can purchase a copy here.

About FMI
FMI Corp. is a leading consulting and investment banking service provider to the built environment. We provide services in strategy, leadership and organizational development, operational performance, mergers and acquisitions, financial advisory and private equity financing.