5 WIP Mistakes That Are Quietly Costing You Bonding Capacity

By the end of this webinar, attendees will be able to:

• Recognize the 5 most common work-in-progress (WIP) mistakes — Spot each one in their own reporting: treating overbillings as profit, letting underbilled jobs drain cash, running an inconsistent schedule of values, skipping period-over-period comparisons, and missing the connection between WIP and bonding/lending capacity.
• Understand why each mistake happens — Not as a knock on their own diligence, but as a natural byproduct of how billing, job costing and reporting cycles interact when nobody’s actively watching for it.
• Apply a specific fix for each mistake — Walk away with a concrete corrective action per mistake, not just a warning (e.g., tracking overbillings separately, billing promptly against work performed, aligning the SOV with actual work sequencing).
• Build a repeatable monthly WIP habit — Adopt a five-step monthly checklist (pull the report, flag over/underbilled jobs, compare month-to-month, confirm change orders are reflected, share the summary) that catches problems long before an annual CPA review would.
• See the stakes in real terms — Understand how a messy WIP position affects the way sureties and banks evaluate their company, connecting day-to-day reporting habits to bonding capacity and lending terms.
• Watch it applied live — See a real WIP report pulled and reviewed in Deltek ComputerEase, so the checklist isn’t abstract.

Attendees will leave with a mistake-by-mistake audit of their own WIP habits and a simple monthly routine to catch problems while they’re still small and fixable — not after a bond renewal or bank review has already gone sideways.