Project Finance

Question 1

How would you look to protect a clients’ budget in the early stages of a project if you identified increased?

Answer 1

1. Attend design team meetings
2. Challenge designers on rationale for the design

Question 2

What are the key elements of a financial report?

Answer 2

1. Executive summary and matters arising in period
2. Project Budget (contract sum, project costs, and risk allowance)
3. Estimated Final Spend
4. Reconciliation againsg previous month
5. Any change (instructed or forecasted)
6. Client and other project costs
7. Project Cashflow