What is the main purpose of a construction cash flow forecast?
Correct answer: A. To predict the timing of project receipts and payments
- A. To predict the timing of project receipts and payments
- B. To determine the compressive strength of concrete cubes
- C. To identify the legal ownership of construction equipment
- D. To replace the method statement for a site activity
Explanation
A cash flow forecast estimates when money will be received and spent during the project. It helps management plan working capital and identify possible periods of financial shortage or surplus.
Report an error
The more specific you are, the faster it gets fixed. A source beats an opinion.
Prefer email? support@testustad.com
About Construction Management and Estimation
Construction management covers planning, scheduling, resource control, contracts, procurement, site organisation, safety, quality assurance and project documentation. Estimation includes quantity take-off, rate analysis, bill preparation, valuation and cost control, with attention to the difference between direct and indirect costs and between an estimate, a tender and a final account.
Practise Construction Management and Estimation
80 free Construction Management and Estimation MCQs from Civil Engineering, each with the correct answer and an explanation. Unlimited attempts, no account needed.
Discussion
Stuck on an option, or know a faster way to get there? Ask or explain it here.
No comments yet. Be the first to explain this one.
Exams that ask Civil Engineering questions like this
Civil Engineering is on 3 papers prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for every one of them.
More Construction Management and Estimation questions
Which item is normally included in a contractor's site overhead?
In valuation, what does the capitalization method primarily use to estimate property value?
A detailed construction estimate is normally prepared using which basis?
What is the defining feature of selective tendering in construction procurement?
Which scheduling technique uses probabilistic activity durations to estimate the likely completion time of a construction project?
A revised estimate for a public works project is generally prepared when: