Cash Flow Forecasting Model For General Contractors Using Moving Weights Of Cost Categories
- Tags:
- Forecasting,
- Sales,
- Sales Force Management
- Source:
- Yonsei University
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Overview: This paper introduces the development of a project-level cash flow forecasting model from a general contractor's viewpoint. While most previous models have been proposed to assist contractors in forecasting cash flow in the early stage of pretendering or the planning phase, this paper aims to provide a tool that can be applicable during the construction phase based on the planned earned value and the actual incurred cost on a jobsite level. The critical key to cash flow forecasting at this level lies in how to build a realistic cash-out model. Toward the end, this paper adopts moving weights of cost categories in a budget that are variable depending on the progress of construction works.
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Format: PDF | Size: 294KB | Date: Oct 2005 | Pages: 9
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