Global Learning for Operational Leaders
Introduction
Course overview
Cash is the lifeblood of the construction industry. Contractors and subcontractors often finance work for weeks or months before being paid, and late or disputed payments can push otherwise profitable businesses into insolvency. Clients, too, need accurate cash flow forecasts to arrange funding and control expenditure.
This Construction Cash Flow and Payment Management training course explains how to forecast, manage and protect cash flow on construction projects. Participants learn about payment mechanisms in common contract forms, interim applications and valuations, payment notices and certification, retentions, advance payments and bonds, cash flow forecasting techniques, working capital management and the handling of payment disputes.
The course provides practical tools for both contractors and clients to improve cash performance and reduce payment conflict.