Cost and Schedule Controlling in Relation to Liquidity Management during Construction Projects

Kopyto, Martin; Petersen, Michael; Diaz, Joaquin

The present paper describes a software application which can be used for relating the scheduled events of a construction project with the respective financial parameters, leading to an overall improvement in general controlling and liquidity management. For this purpose, existing construction schedules are taken and details of the assignment are recorded. Thus it becomes possible to assess a future payment status should changes in the designated schedule occur.

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Kopyto, Martin / Petersen, Michael / Diaz, Joaquin: Cost and Schedule Controlling in Relation to Liquidity Management during Construction Projects. 2004.

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