Project Finance - Level 2 Flashcards
How do you manage project costs during the construction phase?
How do you prepare and present financial reports on the performance of a project?
What intervals do you report at and why?
How do you provide effective forecasting of costs risks and their financial implications?
How do you report and forecast costs for different procurement routes and client types?
How do you use cashflows in financial management?
How do you manage provisional sums and risk allowances?
Describe how you have controlled or contributed to project financial control on a project?
Tell me about how you have reported
How have you used cost value reconciliation in the past?
Tell me about how you developed client reports.
Tell me about the contents of the reports.
Tell me about when you’ve had to reconcile a cost accrual during financial reporting.
Tell me about when you’ve had to adjust value during financial reporting.
During financial reporting tell me how you’ve dealt with costs that have been incurred but have not come through on your financial system.
Tell me about when you’ve had to develop a cash flow statement for a construction project.
Tell me about when you’ve had to deal with an over-measure during financial reporting.
Tell me about when you’ve had to deal with an under-measure during financial reporting.
LS Project - How did you use reporting to support the financial issues in this project?
LS Project - How did you manage change?
MP Project - How did you decide the appropriate intervals for your report?
MP Project - What did you include in this project report?
MP Project- Explain the process you followed to develop an accurate financial report?
MP Project - How did you manage the cashflow?
MP Project- How did you manage claims?
MP Project- How did you manage variations?
MP Project- How did you manage provisional sums?
