Project Cost Sequence - 3
These expensed costs
- Are what you really want to know
- To see where you are at, at the end of each period
- As the springboard for estimate-to-complete
- And Estimate-at-Completion
Next in line comes Cash flow
- This is later when payment transactions are completed
- It will be of interest to the finance department
Delayed cash flow
- May also be a factor
- Because of holdbacks against the work, extras, adjustments and other settlements