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 […]
