Sample Answer
At my last employer I supported 14 live projects totaling $120M. I introduced a weekly 15-minute financial huddle with PMs and procurement leads, backed by a short report showing burn vs budget, change-order backlog, and three KPIs: % forecast accuracy, days to close PO, and overdue invoices. I piloted a template that turned raw data into clear action items; within three months forecast accuracy improved from 78% to 92% and PO close time dropped 35% (from average 20 days to 13 days). I also trained five procurement staff on early-cost capture practices and tied a portion of PM quarterly bonuses to timely reporting and change-order submission, which increased on-time reporting to 95%. The combination of simple tools, visible metrics, and aligned incentives changed behavior quickly.
Keywords
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