Bookstime

08 Dec

Posted at 13:38h in Bookstime

Calculating cash flow projections in construction requires a detailed understanding of the project’s budget, schedule, and the rate of work progression. Therefore, current project managers must be trained in cash flow management or be hired as qualified project managers. Increasing cash flow in construction companies...

03 Dec

Posted at 11:45h in Bookstime

Successful cash flow in construction involves understanding, forecasting, and proactively addressing these factors to maintain a healthy financial position and ensure project success. On the other hand, overestimating cash flow can lead to project owners obtaining larger construction loans than necessary, resulting in higher...