T067 Project Financial Control And Reporting Rics Apc

Front 1

How would you create a cashflow forecast?

Back 1

Need to know the construction programme and contract value

Then would use a Cashflow computer programme

Or by attributing costs to a construction programme.

Front 2

If you didn’t have the software, how would you create it?

Back 2

Split works into packages as shown on contract programme and include individual s-curves for each package.

Front 3

Your construction budget was £2.5m and proposed construction period was 25 weeks; that’s £100,000 per week. How do you substantiate this being realistic?

Back 3

Not very realistic as you will pay for work done.
In reality this will form an s-curve and payments will be irregular.

Front 4

What’s the benefit of cashflow forecast?

Back 4

Allows employer to gain an understanding of financial requirements over the duration of the project duration.

Also acts as a check against valuations – early indication of financial difficulties