Project financial control Flashcards
(5 cards)
1
Q
What typically makes up your financial report?
A
Contract sum
prov sums
CAI
ACAI
RISKs
Provisional sums- expenditure
monthly movements
Cashflow
Contingency - drawndown
2
Q
you have read the guidance note on asceratining l&e is this PI or PS. What doe that involve?
A
PI. on walbrook - cannot be prelims needs to be ascertaining accurate of the costs the contractor has incurred so can request evident quotes exactly what has been paid.
3
Q
How do you do a project cashflow?
A
Against the programme write out the tasks and value against them should follow a typical S curve
4
Q
What change control procedures have had in place? Are there issues with change control why do you think it is not in JCT?
A
5
Q
A
