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Cash is king, not least in the construction industry. Recent government-commissioned reports have highlighted the importance of better financial management in the construction industry.
This professional text provides a considered analysis of the tools and techniques of project financial management in construction; notably it covers cash flow modelling and provides the first detailed investigation of the contentious issue of cash farming. Through use of case studies, worked examples and questions this book will appeal to practitioners and students alike.
Preface. Glossary. 1. Introduction. 2. Economic Context. 3. Gross Cash Flows. 4. Managing through Earned Value. 5. The Time-Cost Relationship. 6. Net Cash Flows. 7. Organisational Cash management. 8. Cash Farming: The Strategic Management of Organisational Cash Flow.