Cash Flow Management of Construction Projects in Saudi Arabia

Cash flow management entails forecasting, monitoring, and controlling practices of the cash inflow and outflow and arrangement of deficits over a project's duration. This article reveals, through a questionnaire survey, the techniques and practices that construction companies in the Eastern Province of Saudi Arabia follow to forecast and manage cash flow at the project level. The majority of the contractors perform cash flow forecasting for setting a cash flow baseline and determining the proper financing method. They use credit financing for materials, subcontract a good portion of projects, and use company assets and credit financing to pay for equipment and labor.
member content locked

Log in or join PMI to gain access

or Join

Advertisement

Advertisement

Related Content

Advertisement

Publishing or acceptance of an advertisement is neither a guarantee nor endorsement of the advertiser's product or service. View advertising policy.