Understanding of Variables that Creates Cash Flow Dynamics for the Sustainable Financing of Construction Project

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

Cash flow is one of the crucial things for the success of a construction project. Several components of cash flow, including advance payment, retention, payment term, capital, work progress, have an impact on project finances so that they shall be planned and controlled by the contractor. Therefore, it is essential to understand the interconnectivity dynamics between these cash-flow components within the project's context. This paper develops a conceptual model using a causal loop diagram to highlight project cash flow challenges in construction. By using an industrial building construction project as a case study, all the components may illustrate how they interact with each other and gain insights to develop a quantitative model.

Original languageEnglish
Title of host publicationProceedings of the 4th Asia Pacific Conference on Research in Industrial and Systems Engineering
Subtitle of host publicationBuilding Business Resilience to Face the Challenge in Pandemic Era, APCORISE 2021
PublisherAssociation for Computing Machinery
Pages181-187
Number of pages7
ISBN (Electronic)9781450390385
DOIs
Publication statusPublished - 25 May 2021
Event4th Asia Pacific Conference on Research in Industrial and Systems Engineering: Building Business Resilience to Face the Challenge in Pandemic Era, APCORISE 2021 - Depok, Indonesia
Duration: 25 May 2021 → …

Publication series

NameACM International Conference Proceeding Series

Conference

Conference4th Asia Pacific Conference on Research in Industrial and Systems Engineering: Building Business Resilience to Face the Challenge in Pandemic Era, APCORISE 2021
Country/TerritoryIndonesia
CityDepok
Period25/05/21 → …

Keywords

  • Cash Flow
  • Causal Loop Diagram
  • Time Lag
  • Work Acceptance

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