An explanation of cash-flow forecasting, how to produce a useful forecast and how to use forecasts to assess progress on site as well as other issues.
From HK$300Book now
The RICS Quantity Surveying & Construction Standards (the ‘Black Book’) provide a definitive set of best practice professional guidance and information for all surveying professionals involved in construction. These standards are essential development tools for younger professionals working through their APC and useful guides to best practice for more experienced professionals.
Cash flow is the lifeblood of the construction industry and relates to the incoming or outgoing of money to or from a company over a given period. Within construction contracts, a cash-flow forecast is generally used to inform the employer so that they know what and when their monetary commitments under the contract will be.
Dr Stanley Chow has over 25 years' experience in the construction industry, especially in quantity surveying and cost control, which included professional consultancy and property development.
He has worked as the Chairman of Assessors of RICS APC panels and is now a professional trainer for RICS' training hub in Hong Kong.