STUDY OF CASH FLOW IN CONSTRUCTION PROJECT MANAGEMENT AND ITS CONTROL
Author(s):
AnishkaR, SujithraG
Keywords:
Cash flow control; Cash flow analysis; Case Studies on cash flow and its control
Abstract
A key component of managing construction projects is cash flow analysis, which helps to maintain liquidity and enhance project success indicators. Traditional cash flow analysis techniques result in a laborious process of cost and schedule estimation. This causes problems for the contractor when selecting any job, regardless of profitability. Following a review of several journals, BIM construction schedules, and financial factors, cash flow is generated for a more precise project while meeting project restrictions and taking project financial scenarios into consideration. An organized method for analyzing project cash flows is established through the use of BIM and resource- integrated 3D simulation platforms. Additionally, it comes with an Excel-based project cash flow generation prototype that can be tested and contrasted with the simulation platform. Analyzing case studies and determine cash flow in construction projects and primary data was collected and analyzed. It is very helpful to get an idea of cash inflow and cash outflow and it also help us to control cash flow in construction industry. Accurate cash flow forecasting, Cash control and Budget Management, Payment Schedule Management and managing inventory helps to control cash flow in construction project. This report also explains how to evaluate and control generated cash flow alternatives in order to improve financial design making and minimize financial hurdles during project execution. This report offers a thorough and conventional overview of cash flow control in construction industry.
Article Details
Unique Paper ID: 163023

Publication Volume & Issue: Volume 0, Issue no

Page(s): 396 - 401
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