SN’s Ajera Virtual User Group: Managing WIP for Accurate Reporting (Part 2)
SN’s Ajera Virtual User Group, where like-minded individuals from project-based firms converge for the opportunity to learn, collaborate, and, most importantly, grow. We’re bringing together thought leaders in Architecture & Engineering, finance, and technology to help you map out your future.
Managing Work-in-Progress (WIP) for Accuracy in Project & Financial Reporting, Part 2
WIP management is a big topic. We took a bite out of it in our August user group (watch the on-demand version if you missed the live session), and we will round out the discussion this month. Our team has had the opportunity to work with many Ajera users to develop WIP management processes and policies.
Let us share our Best Practice WIP Management policy with you, as well as some tips and tricks we have learned along the way to best manage your WIP.
During this event, you’ll learn:
- How to use billing review reporting to alert the team when projects may be over budget.
- Why we recommend requiring documentation from your PMs regarding WIP changes.
- Why waiting to manage WIP at the end of a project may be problematic.
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