This global adaptation defines cash flow forecasting, before giving guidance on producing a useful forecast, explaining how to use it to assess progress on site, and analyse actual expenditure against forecast expenditure.
Guidance is given on the cash flow of construction contracts (project cash flows) and not specifically for the cash flows of companies (organisational cash flow), although many principles do overlap.
This guidance note is part of the RICS QS & Construction Standards (the 'Black Book').
11 Dec 2012
12 Dec 2012
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