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DuPont Chart
A DuPont Chart is a way to show how finances work in a construction firm. It is a graphic that looks somewhat like the NCAA Basketball Tournament Playoff system. Many brackets on the left reducing to only one on the right. Since construction people are visually attuned, this is an effective way to show how several different variables affect the wealth of the firm.
Said another way, many financial factors determine the Return on Net Worth (or Investment). Understanding how many and which ones allow your managers to positively affect them.
If you would like an example of a Dupont Chart, see my new book, "The Practical Construction MBA".
We have a fully customizable template with MS Excel formulas that is offered as part of our Templates package (60 in all) at
http://stevensci.com/Merchant2/merchant.mvc?Screen=CTGY&Store_Code=SCII&Category_Code=MSEXL60
This form will help explan quickly the financial equation of a construction firm. We also have an Application for Payment, RFI, Change Order and the like.
Limit 1 form per month.
This and other management information are part of our 400+ page book published by McGraw-Hill Inc. "Managing a Construction Firm on Just 24 Hours a Day". It includes 170 best Practices Used in Construction Contracting with over 100 illustrations and examples. We include a CD of 60 Excel Templates when you buy a book from our website. We also include our library of forms and 5 online courses.
See our secure Miva / EarthLink / Card Services International bookstore: http://stevensci.com/Merchant2/merchant.mvc?Screen=CTGY&Store_Code=SCII&Category_Code=BCF24
To order only the book, Managing a Construction Firm on Just 24 Hours a Day, go to Amazon, Borders, Barnes and Noble, Browns Stationer's (UK), Reiters, Walden Books and other fine book retailers. You will find a section in the book outlining "The Benefits of Defining and Documenting Your Management Processes" . Remember, Stevensci.com bundles the book with 60 Excel Templates and an On-Line Course, a solid value.
Take our Free Sample E-learning course for construction. Go to constructioncbt.com
Matt Stevens is a management advisor who works only with construction contractors. He has performed training and business consultation for the contracting community since 1994. Matt can be reached at mstevens@stevensci.com.">mstevens@stevensci.com.
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Posted by Matt Stevens at August 21, 2007 9:05 PM