Cashflow Management

Cashflow management refers to the process of monitoring and controlling the flow of cash into and out of a construction […]

Construction Cost Index (CCI)

The Construction Cost Index (CCI) is a measure used to track changes in the cost of construction over time. It […]

Construction Law

Construction law  refers to the body of legal principles and regulations that govern the planning, design, construction, and management of […]

Cost of Quality

The cost of quality refers to the total amount of money that is spent on ensuring that the completed project […]

Cost Overrun

Cost overruns in construction refer to a situation where the actual cost of a construction project exceeds the initial estimated […]

Delay Claim

A delay claim is a request made by a contractor or subcontractor for compensation or an extension of time due […]

Early Warning Notice

An early warning notice (EWN) in relation to quantity surveying is a formal communication tool used in construction projects to […]

Earnest Money Deposit (EMD)

An Earnest Money Deposit (EMD) is a payment made by a buyer to a seller or contractor to demonstrate their […]

Final Account Statement

A Final Account Statement in quantity surveying is a comprehensive financial document that reconciles the total costs of a completed […]

Interim Valuation

Interim valuations in construction refer to the periodic assessment and valuation of the work completed by a contractor during the […]