A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
A survey of contractors' corporate planning and financial budgeting
The authors found that contracting-only firms were more vunerable in cases of inaccurate budgets; fluctuations in working capital could lead to the bankruptcy of a contractor who could not raise loans quickly. Two reasons were identified as the cause of inaccurate budgets: forecasting on an overall basis and the inability to take into account accurately variations in strategies and the environment.
A survey of contractors' corporate planning and financial budgeting
The authors found that contracting-only firms were more vunerable in cases of inaccurate budgets; fluctuations in working capital could lead to the bankruptcy of a contractor who could not raise loans quickly. Two reasons were identified as the cause of inaccurate budgets: forecasting on an overall basis and the inability to take into account accurately variations in strategies and the environment.
A survey of contractors' corporate planning and financial budgeting
Kaka, Ammar P. (author) / Price, Andrew D. (author)
Building Research & Information ; 22 ; 174-182
1994-05-01
9 pages
Article (Journal)
Electronic Resource
English
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