Everyone on the accounting side of construction is familiar with work in progress (WIP) reports, but for operations staff, “WIP” might as well stand for, “What Is the Point?” What for controllers and CFMs is an essential tool for billings and financial statements can be at best a mystery and at worst an unwelcome report card. But accurate WIP reports depend heavily on cooperation from the field. That means the secret to winning WIPs is cooperation. And the real key may be empathy.
Surprising Key to Winning WIPs
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About the Author: Kathleen Baldwin
Kathleen is not your typical Executive Director of a nonprofit organization. She is a former CPA firm partner who has combined her 20+ years of financial and management experience along with her a passion to work cohesively with national peers in the construction industry.
