Project 1 is designed to allow the students to demonstrate their understanding of Financial Statements. The students are asked to mention the major items that a construction project manager should know about the Financial Statements. The project is designed to allow the students to apply the tools and techniques that are discussed in class. The students are asked to analyze the financial statements of a construction company. The focus of the Project is to demonstrate a group's ability to appropriately address the main steps designed from the viewpoint of a construction project manager. Each group must submit their project and the final report before the due date and present their final work based on the evaluation timetable deadline. The project should include a cover sheet with group team members. Consider the required project management skills, tools and techniques when working in a group and try to make an effective project team. The assignment is designed in 7 steps: Step 1: Find a construction company. c Find a construction company. The chosen firm can be defined as a consultant or a Contractor. - Provide related and sufficient information when defining the company, such as geographic area, established year, type of organization, accounting standards and etc. a You are asked to prepare a financial statement analysis for the selected firm. Step 2: Studying the nancial statements of the company - Studying the Balance Sheet of the firm. - Studying the Income State me nt of the firm. - Studying the Cash Flow Statements of the firm. - Studying the other financial statements if they include important information. Step 3: Common-size analysis - Specifying the financial statements of the company in relation to a singular financial statement base. Step 4: Investigation of the current position and performance of the firm. - Discuss the current position and performance ofthe company. I- Find the areas of strength and weakness and discuss how they can be improved