THE FUTURE MARKETACADEMY
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School of Business

Construction Business Leader: projects, compliance and growth

What you'll be able to do
  • Move from doing the work to leading the people who do it, with clear roles, delegation and a weekly rhythm.
  • Plan a larger project with a work breakdown and a critical path, and see which delays move the finish date.
  • Control a project budget with job costing and earned value, and forecast the final cost early.
  • Run a safety management system that leaders own, using leading and lagging indicators and the hierarchy of controls.
  • Keep a licence, permit and inspection register so no job starts or closes without the right approvals.
  • Read a work-in-progress (WIP) schedule, spot overbilling and underbilling, and forecast cash for the company.
  • Close jobs cleanly, learn from them, and grow with a bid strategy, bonding and leaders you trained yourself.
  • Lead, teach and review other people's project plans, safety plans and job reports.

This course is education only. It is not legal, insurance, safety-engineering, accounting or tax advice. Licences, permits, safety law and record rules differ by country, state, province and city. Ask your licensing body, a licensed lawyer, an accountant and a qualified safety professional where you work before you rely on any plan in this course. All money examples are practice numbers in "your currency".

Words in this course 63Open the Vocabulary Hall
01

From tradesperson to construction leader

In simple words

When you build alone, your hands do the work. When you lead, your job is to make sure many other hands know what to do, have what they need, and do it safely. A good leader is like a coach: the team plays the game, the coach plans, watches and teaches.

Before this course: Contracting Business: contracts, subcontractors and insurance (course 2.24.3). Earlier you learned to price, schedule and run safe jobs (course 2.24.2) and how to start a home-services business (course 2.24). You can already write a contract, manage subcontractors, buy the right insurance and handle warranties and disputes. This course is about leading bigger work through other people: projects, compliance systems, money controls and growth.

Key facts
  • Your job changes. On small jobs the owner prices, buys, builds and collects. On larger projects the owner's job is to plan, decide, check and teach. If you are still the only person who can answer every question, the company cannot grow past you.
  • Typical roles in a growing contractor (names differ by company and country):
RoleMain job
Owner or general managerStrategy, money, hiring, big decisions, final approval of bids
EstimatorTakes off quantities, prices work, prepares bids
Project managerPlan, budget, schedule, changes, customer and subcontractor contact for each project
Site supervisor (foreman)Runs the work on site each day, safety on site, quality checks
Office or accounts personInvoices, payables, payroll, records, permits paperwork
Trades and helpersDo the work to the standard, report hazards and problems
  • Delegate outcomes, not just tasks. A clear handover says what result you want, by when, with what budget and authority, and when you will check. Keep the decisions that carry the biggest risk (signing large contracts, safety stop decisions, hiring) until a person has shown they can handle them.
  • A RACI chart lists each key task and marks who is Responsible (does it), Accountable (owns the result, only one person), Consulted (asked before) and Informed (told after). It stops "I thought you were doing that".
  • A weekly rhythm keeps a growing company in control: a short project review (schedule, budget, safety, changes, problems), a look-ahead of the next two to three weeks, and a cash check. Write decisions down.
  • Teach in a repeatable way. Show, then do it together, then watch them do it, then let them do it and review. Write the method down once so the next person learns it faster.
Step by step
  1. Write down every task you did last month, from quoting to collecting payment.
  2. Mark each task: only I can do this (for now), someone else could do this with training, or someone else should do this now.
  3. Draw a simple organisation chart with the roles in the table, even if one person holds several roles today.
  4. Build a RACI chart for five key tasks (for example: bids, purchasing, site safety, change orders, invoicing). Make sure each task has only one "A".
  5. Pick one task to hand over this month. Write the outcome, deadline, budget, authority and check-in dates.
  6. Set a weekly 30-minute project review with a fixed agenda: schedule, budget, safety, changes, problems, decisions.
  7. Check: someone else could run one normal week of jobs using your chart, RACI and meeting notes without calling you.
Watch on YouTube
Delegating: an introductionHarvard Business Impact Enterprise · YouTube · youtube.com

Videos by other creators on YouTube, for reference. They are not made by or affiliated with The Future Market.

LESSON 01From tradesperson to construction leader
LESSON 01 / ANIMATED LESSON / AI VOICE00:00 / 01:05
Read the video script
[Host] "The skill that made you a great tradesperson is not the skill that makes you a great leader."
[Text on screen: Plan, decide, check, teach] "A construction leader plans, decides, checks and teaches."
[Screen: RACI chart with one A per row] "A RACI chart shows who does each task and the one person who owns the result."
[Text on screen: Weekly review: schedule, budget, safety, changes] "A short weekly review keeps every job in view."
[Host] "Hand over one task this month. Teach it, watch it, then let go."
Try it now

Make your task list, organisation chart and a RACI chart for five tasks. Choose one task to delegate, write the handover note, and book the first check-in.

ClaudeStuck? Copy a ready-made prompt for Claude

Copy this, open Claude, paste it, and Claude will walk you through the lesson step by step.

For a grown-up: Claude is for adults (18+). Copy this, paste it into Claude, and use the answer to explain the lesson to your child.

I'm learning "Construction Business Leader: projects, compliance and growth" on The Future Market. Lesson 1: "From tradesperson to construction leader".

What the lesson teaches:
- Your job changes. On small jobs the owner prices, buys, builds and collects. On larger projects the owner's job is to plan, decide, check and teach. If you are still the only person who can answer every question, the company cannot grow past you.
- Typical roles in a growing contractor (names differ by company and country):
- Role - Main job
- Owner or general manager - Strategy, money, hiring, big decisions, final approval of bids
- Estimator - Takes off quantities, prices work, prepares bids
- Project manager - Plan, budget, schedule, changes, customer and subcontractor contact for each project
- Site supervisor (foreman) - Runs the work on site each day, safety on site, quality checks

The exercise I'm working on:
Make your task list, organisation chart and a RACI chart for five tasks. Choose one task to delegate, write the handover note, and book the first check-in. ---

I'm stuck. Please:
1. Explain the main idea in plain, simple words with one everyday example.
2. Walk me through the exercise one small step at a time. Ask me what I've done so far before giving the next step.
3. Don't just give me the final answer. Help me do it myself, and check my work when I share it.
I'm a parent helping my child (about 8 years old) with a lesson called "From tradesperson to construction leader" from the course "Construction Business Leader: projects, compliance and growth".

Here's what the lesson says:
When you build alone, your hands do the work. When you lead, your job is to make sure many other hands know what to do, have what they need, and do it safely. A good leader is like a coach: the team plays the game, the coach plans, watches and teaches.

The activity:
Make your task list, organisation chart and a RACI chart for five tasks. Choose one task to delegate, write the handover note, and book the first check-in. ---

Please explain this so an 8-year-old understands: short sentences, a fun everyday example, and no hard words.
Then give me 3 simple questions I can ask my child to check they understood, and a way to do the activity together, one tiny step at a time.
Open Claude
My notes
02

Planning larger projects: work breakdown and critical path

This lesson is part of full access: every course and every level for one payment.

03

Budgets and cost control with earned value

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04

A safety management system that leaders own

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05

Licences, permits and inspections as a compliance system

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06

Financial controls: WIP, cash and records

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07

Closeout, lessons learned and growth

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++

Final project

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??

Quiz

  1. What does a RACI chart show?

  2. What is the critical path?

  3. An activity has ES 8 and LS 9. How much float does it have?

  4. In earned value, what does a CPI below 1.0 mean?

  5. BAC is 200,000 and CPI is 0.87. What is the simple forecast at completion?

  6. Name the five levels of the hierarchy of controls from most to least effective.

  7. What is the difference between a leading and a lagging indicator?

  8. What is the difference between a licence and a permit?

  9. Why put inspections into the schedule?

  10. A job is 40% complete on a 500,000 contract and 230,000 has been billed. Is it overbilled or underbilled, and by how much?

  11. Why must a company's record retention period be checked by country?

  12. What does a performance bond guarantee?

EX

Final exam

This lesson is part of full access: every course and every level for one payment.

CE

Certificate

This lesson is part of full access: every course and every level for one payment.