Helping engineers understand and optimize financial concepts

Learn understand financial concepts, implement cost management and optimize cashflow in this upcoming webcast.

By Consulting-Specifying Engineer March 8, 2024
Courtesy: BQE


Learning Objectives

  • Understand and apply key financial concepts to enhance financial planning.
  • Develop and implement cost management practices through regular monitoring, efficient resource allocation and the use of technology to ensure project profitability and financial efficiency.
  • Employ strategies to optimize cash flow to strengthen client relationships and ensure financial stability.


A crucial part of consulting and specifying is having a firm grasp on all the financial and cost management aspects.

This engaging, bootcamp-style webcast is designed to enhance the financial acumen of engineering executives and professionals, offering foundational knowledge and practical strategies to empower your financial management skills. During the session, you will learn how to interpret crucial financial statements, harness technology for efficient financial management and master the art of budgeting and forecasting. Additionally, you will gain insights into project cost management and optimizing profitability, while also discovering strategies for improving cash flow management through client relationships and automation.

On March 13, Steve Burns of the Well-Designed Firm shares his insights on applying key financial concepts, implementing cost management and optimizing cashflow in the webcast “Profit by Design: A Financial Bootcamp for Engineering Leaders.”

Click here to register for the webcast.

In this presentation, Burns will discuss the top 5 financial reports engineers need to know. These reports include balance sheets, cashflow statements and more.

Burns also goes over several essential tasks to project management when consulting and specifying. Some of the tasks are typical (budget detailing, clear communication), but essential tasks that he goes over include leveraging technology. This is imperative given the ever-changing technology landscape and need to stay ahead of the curve.

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