Does the incorporation of more variables improve the accuracy and flexibility of cash-flow forecasting?
conference contributionposted on 2017-08-23, 15:25 authored by Ammar P.F. Kaka, Andrew Price
Previous research has demonstrated significant variation in actual cash flow profiles. However, evaluation of traditional cash flow forecasting models indicates that the extent of variation in cash flows is not considerable. This suggests that further variables are needed to enhance the flexioility of the cash flow profiles produced. This paper presents a model designed to incorporate as many variables as possible, without becoming too complex. The model uses fifty variables to calculate the cash flow of individual contracts. Initial testing of the model proved that by incorporating further variables, the flexibility of the model is enhanced. Previous construction projects are currently being used to evaluate the accuracy of the model.
- Architecture, Building and Civil Engineering
Published inARCOM Tenth Annual Conference 1994 ARCOM Tenth Annual Conference 1994
Pages433 - 442
CitationKAKA, A. and PRICE, A. 1994. Does the incorporation of more variables improve the accuracy and flexibility of cash-flow forecasting? IN: Proceedings of 1994 10th ARCOM Annual Conference, Loughborough, Great Britain, 14-16 September 1994, pp.433-442.
- VoR (Version of Record)
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