Cash flow
Contents |
Introduction
Client Cash Flow
Cash flow is an issue of utmost importance for the client. It represents the timeline of the incurred costs for the project not only during its construction, but also during the life cycle of the project. In other terms, it is the inflow of cash to the contractor form the client, which is necessary for funding the project. The client
Supply chain cash flow
Cash flow estimation
Cash flow vs expanditure
Uncertainty in cash flow
Prerequisites of cash flow projection
Tools for cash flow projection
Cash flow estimation with BIM
A unique value of this prototype is dramatically automating the time required to generate cash flow analysis. Traditionally, contractors could spend weeks performing the quantity takeoff, scheduling, cost estimating, and cash flow analysis. This prototype offers a method that can produce a cash flow in minutes. Architects will often propose multiple designs, each represented by its own 3D model. With this technology, contractors would be able to quickly compare cash flow scenarios for each model, which would be potentially useful for value engineering decisions and bidding strategies. Contractors who are considering bidding on multiple projects would be able to quickly perform cash flow analysis for each project and determine which one has the best possibility to earn the highest profit margins. The contractor could then focus its resources on preparing bids for only the most profitable projects.
Limitations
References
Annotated bibliography
- 1. Winch, G. M., 2010, Managing Construction projects, second edition
- 2. Eastman, C.; Tiecholz, P.; Sacks, R.; Liston, K., 2008, "BIM Handbook: a Guide to Building Information Modeling for owners, managers, designers, engineers, and contractors"
- Summary:
