Cash Flow Forecasting

Cash flow forecasting is the process of predicting the inflow and outflow of cash for a construction project over a

Cashflow Management

Cashflow management is the process of monitoring and controlling the flow of cash into and out of a construction project.

Claim

A claim is a demand for something that is due, or believed to be due, usually arising from an event,

Client

The client is the person or legal entity that commissions and pays for the works and services provided on a

Client Requirements

Client requirements are a statement or document that defines the project outcomes and sets out what the client is seeking

Collateral Warranty

A collateral warranty is a contract under which a consultant (such as an architect), a contractor or a subcontractor warrants

Component

A component is a measured item that forms part of a sub-element. The quantities of one or more components are

Construction Cost

Construction cost is the total cost of constructing a project. It usually excludes preliminary planning, land or right of way

Construction Economics

Construction economics is the study of economic principles and methods as applied to construction projects and the construction industry, including