An Evaluation of Methodological Issues for Assessing Risk Impacts on Construction Cash Flow Forecast

Henry Odeyinka, John Lowe

    Research output: Chapter in Book/Report/Conference proceedingChapter

    Abstract

    Cash flow forecast is of great importance to construction contractors to prevent unsavoury consequences of liquidation and bankruptcy. Researchers over the last two decades have employed forecasting methodologies, which utilise the various elements of the cash flow equation. However, in spite of the quantity of research efforts, an accurate forecast of construction cash flow has been a difficult issue due to risks and uncertainties inherent in construction projects. This paper reports part of an on-going research concerned with assessing the impacts of risks and uncertainties on construction cash flow forecast. It attempts to clarify the terminological issues surrounding construction cash flow and use that as a basis to develop a construction cash flow concept. In addition, based on a literature review of previous researches in cash flow modelling, a conceptual classification of cash flow forecasting methodologies is developed. An evaluation of these methodologies assisted in developing a framework for assessing the impacts of risk on construction cash flow profile.
    Original languageEnglish
    Title of host publicationARCOM Seventeenth Annual Conference
    EditorsAkintola Akintoye
    Place of PublicationReading
    PublisherAssociation of Researchers in Construction Management
    Pages381-389
    Number of pages9
    Volume1
    ISBN (Print)0 9534161 6 X
    Publication statusPublished - 7 Sep 2001
    EventAssociation of Researchers in Construction Management (ARCOM) Annual Conference - University of Salford, Manchester, UK.
    Duration: 7 Sep 2001 → …

    Conference

    ConferenceAssociation of Researchers in Construction Management (ARCOM) Annual Conference
    Period7/09/01 → …

    Keywords

    • Construction cash flow
    • forecasting
    • methodology
    • risk
    • uncertainty

    Fingerprint Dive into the research topics of 'An Evaluation of Methodological Issues for Assessing Risk Impacts on Construction Cash Flow Forecast'. Together they form a unique fingerprint.

  • Cite this

    Odeyinka, H., & Lowe, J. (2001). An Evaluation of Methodological Issues for Assessing Risk Impacts on Construction Cash Flow Forecast. In A. Akintoye (Ed.), ARCOM Seventeenth Annual Conference (Vol. 1, pp. 381-389). Association of Researchers in Construction Management. http://uir.ulster.ac.uk/13816/1/ARcom01-pap.pdf