How to Manage Capital Program Construction Cost

Presented on:
September 5, 2019 10:00 AM PT
1 hour

Is your organization managing a construction project or considering a new construction endeavor?

Join us for part two of our Internal Audit Webcast Series to discover strategies for managing capital program construction costs. We address key challenges relevant to your organization, provide strategies for efficient project management, and disclose methods for reducing noncompliant, excessive, and unsupported costs.

Discussion Topics

  • Common construction program exposures and cost implications
  • Strategies for addressing construction program exposures
  • Approaches for monitoring labor, equipment, and change orders
  • Guidelines for contracts and contract management
  • Expected savings from utilizing an outside cost auditor


Mark Steranka, Partner, Moss Adams

Mark has over 30 years of experience working with businesses, not-for-profit organizations, and governmental entities throughout the United States. He has directed and managed hundreds of consulting engagements during his career. Mark specializes in working with boards, councils, and senior management of organizations from a wide range of industries, including agriculture, architecture, construction, engineering, energy, financial services, government, healthcare, higher education, manufacturing, not-for-profit, retail, technology, and telecommunications. Mark is experienced working with businesses ranging from startups to Fortune 50 companies; not-for-profit organizations of all sizes; and federal, state, and local governments. He is experienced at helping organizations to improve performance and get to their next level. He is respected by his clients for his ability to listen and understand their needs, provide sound advice and practical solutions, and make the process a rewarding experience.

Steve Bacchetti, Senior Manager, Moss Adams

Steve focuses on construction and performance audits for construction and capital improvement projects. Steve works closely with governments, universities, K-12 school bond programs, hospitals, and tribes and casinos on construction and capital improvement projects where project costs range from millions to billions of dollars. His experience includes planning, managing, and delivering multiple performance audits resulting in cost savings and significant control and reporting improvements. In addition to his construction auditing and internal controls experience, Steve has a background in International Financial Reporting Standards (IFRS) in the transportation industry. He is a Certified Public Accountant, Certified Construction Auditor, and Certified Internal Auditor.

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