Estimation of Cash Flow from Value of Work Done for Construction Projects in India
G Dhamodaran1, K.R. Divakar Roy2
1G Dhamodaran, Department of Mechanical Engineering, Academy of Maritime Education and Training Deemed to be University, Chennai (Tamil Nadu), India.
2Dr. K.R. Divakar Roy, Department of Mechanical Engineering, Andhra University, Visakhapatnam (Andhra Pradesh), India.
Manuscript received on 22 April 2019 | Revised Manuscript received on 01 May 2019 | Manuscript Published on 05 May 2019 | PP: 433-437 | Volume-8 Issue-2S2, May 2019 | Retrieval Number: B10900182S219/19©BEIESP
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Abstract: Background/Objectives: To estimate the Cash Flow from Value of Work Done (VoWD) for a Construction project in Indian environment Methods: Deducting mobilisation advance and retention amounts from total Value of Work done completion. Results/Findings: Can be implemented at construction industrye specially for the process plant construction projects. Conclusion/Application: ‘Cash flow estimation every month in part of construction progress calculation’ can be implemented in construction industries which helps Client organization to arrange required fund in advance.
Keywords: Value of Work Done (Vowd) – A Quantitative Project Performance Value Which Is Calculated Based on the Earned Value Method (EVM).
Scope of the Article: Encryption Methods and Tools