What we discuss here is, determining the actual flow of money for the contract duration by dealing with construction project cash flow. Also, the way to finalise the contract price. 1.0- Contract cash flow When we are considering the project’s level, the difference between a certain project’s income and expense is named as “The project’sContinue reading “Project cash flow- Construction cost management”
Monthly Archives: February 2020
3 – Subcontractors in construction industry
The maximum portion of tasks in a construction project is carried out by subcontractors. Most of the leading contractors in the modern construction industry are keen to use subcontractors than direct labours for their works. It allows them to minimise indirect overheads costs such as rental for labour camps, transports, insurance charges etc. Managing aContinue reading “3 – Subcontractors in construction industry”