scholarly journals OPTIMALISASI CASHFLOW MENGGUNAKAN METODE PENJADWALAN EST DAN PENGATURAN SUMBERDAYA PADA PROYEK BANGUNAN GEDUNG

2014 ◽  
Vol 8 (1) ◽  
pp. 55
Author(s):  
Sitti Safiatus Riskijah
Keyword(s):  
Cash Flow ◽  
Construction Project ◽  
Payment System ◽  
Balance Of Payments ◽  
Start Time ◽  
Maximum Profit ◽  
Flow Systems ◽  
The One

An appropriate and accurate management of financial source will be able to run activities of a project well and increases the contractor’s profit. This reasearch aims at determining the kind of optimum cashflow of a multi purpose construction project in Malang. Schedule, debits and credits, loan interest, installment plan, completed with the system of contract payment from the owner to the contractor were needed to make the cash flow. It was done by employing 20% and 0% down payment based on EST (Earlierst Start Time), 27 kinds of resource payment system varied in start, prorate, and end of cost, material, and work. Each Cash flow will not only determine the balance of payments and total credits of each period but also the profit. The findings the show that the kinds of Cash flow which gives maximum profit for contractors, are as follow: 1) the one based on EST with no down payment system at a difference profit of IDR 109.708.207,51 or 1,5%; 2) the one based on arrangement of cost, material, and work payment system which results in Start-End-End payment; 3) the application of the two Cash flow systems results in  Start-End-End system is able to give maximum profit of IDR 7.869.632.694,74.Keywords: Cash flow, debit, credit, payment system, maximum profit

scholarly journals Analisis Kebutuhan Modal Kerja Kontraktor Berdasarkan Sistem Pembayaran di Gedung Rawat Inap Rumah Sakit Sanjiwani Gianyar

2021 ◽  
Vol 16 (2) ◽  
pp. 72
Author(s):  
Made Sudiarsa ◽  
I Ketut Sutapa
Keyword(s):  
Cash Flow ◽  
Flow Condition ◽  
Construction Project ◽  
Payment System ◽  
Bank Loan ◽  
Working Capital ◽  
Policy Alternatives ◽  
Implementation Time ◽  
Research Analysis ◽  
Selection Of

A construction project is a series that is only implemented once and is generally short-term, with limited resources. Before the implementation of a construction project runs, it usually starts with the preparation of a work plan and a project implementation time (time schedule). The realization of work plans in the field often experiences delays in the process, because revenue realization is very much determined by the selection of the payment system used by the contractor which will affect the project cash flow (cash flow), the amount of working capital required, the progress of a job, and to determine policy alternatives. that needs to be done so that the project does not experience a deficit. This study aims to determine the payment system that requires less working capital and benefits the contractor in terms of project benefits. The analysis uses 2 alternative policies carried out by the contractor during the project, alternative 1 by making a loan to the bank and alternative 2 with a material payment policy. From the results of this research analysis, it is found that the MC payment system does not require working capital because the project cash flow condition is always a surplus, while the term payment system requires working capital in the form of a bank loan of IDR 410,000,000.00 so that the project cash flow condition does not experience a deficit, as was done. on policy alternatives 1.

scholarly journals CASH FLOW DESIGN STUDY IN ROAD WORKS-ROAD WIDENING PROJECT ON KURNIA STREET NORTH LANDASAN ULIN BANJARBARU

CERUCUK ◽  
2021 ◽  
Vol 5 (2) ◽  
pp. 151
Author(s):  
Ahmad Anshori ◽  
Candra Yuliana
Keyword(s):  
Cash Flow ◽  
Flow Analysis ◽  
Payment System ◽  
Project Work ◽  
Time Schedule ◽  
Project Schedule ◽  
Start Time ◽  
Flow Plan ◽  
Diagram Method ◽  
Road Widening

The effect of planning on construction projects will have an impact on income within the project itself. Usually, the realization of work plans in the field often experiences delays in the process, because the number of revenue was determined by the method of payment stipulated in the construction contract. Payment system aspects affect the working capital that needs to be provided by the contractor. Therefore, the role of planning the flow of cash flow is very substantial in the implementation of the project. The purpose of this study is to get a cash flow plan with a Monthly Payment system and Progress Payment system based on the project schedule of the Road Works-Road Widening On Kurnia Street North Landasan Ulin Banjarbaru. The method used to analyze the data is project scheduling by making the description and sequence each activity, determining the duration for each project work, and making a project network diagram using the PDM Method ( Precedence Diagram Method ). Then make a cash flow analysis with monthly payment system and progress payment with three payments, at cumulative progress 30.04%, 70.28%, and 100% on the conditions of EST ( Earliest Start Time ) and LST ( Latest Start Time ) schedule. The results of the data analysis show that the payment system that provides maximum benefits is the Monthly Payment system using a 20% down payment on the EST ( Earliest Start Time ) and LST ( Latest Start Time ) schedule conditions with a total loan of Rp. 653,000,000, the contractor gets a profit of Rp. 490,990,222 with a percentage of profits of 8,892%. 

scholarly journals Delay in payment effects on productivity of small and medium construction companies in Oman: exploration and ranking

2021 ◽  
Author(s):  
Mubarak Al Alawi
Keyword(s):  
Cash Flow ◽  
Questionnaire Survey ◽  
Financial Stability ◽  
Construction Project ◽  
Internal Factors ◽  
Construction Productivity ◽  
Construction Companies ◽  
Productivity Rate ◽  
Delay In Payments ◽  
Productivity Factors

AbstractMaintaining a stable productivity rate in a construction project is a challenge. Many external and internal factors influence it. Delay in payment is one of the factors representing the project cash flow and mirrors the company’s financial stability status. This study explores the delay in payments effects on the construction productivity of the small and medium construction companies in Oman. Also, it ranks the delay in payment among other productivity factors. Sixty-five small and medium construction companies registered in Oman Tender Board participated in the questionnaire survey. The results showed that delay in payment significantly affects the financial stability of the companies. The delay in payment was ranked third out of 21 influencing productivity factors. The results were compared with a previous study that covered large construction companies in Oman. It was found that the rank of delay in payment in the small and medium construction is significantly higher than what was found in large companies.

Identification of unknown parameters in cash flow systems of insurance

Automatica ◽  
1976 ◽  
Vol 12 (1) ◽  
pp. 43-51 ◽  
Author(s):  
Daniel Tabak ◽  
Tapan S. Roy ◽  
John W. Caron
Keyword(s):  
Cash Flow ◽  
Unknown Parameters ◽  
Flow Systems

Application of machine learning in predicting construction project profit in Ghana using Support Vector Regression Algorithm (SVRA)

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Emmanuel Adinyira ◽  
Emmanuel Akoi-Gyebi Adjei ◽  
Kofi Agyekum ◽  
Frank Desmond Kofi Fugar
Keyword(s):  
Machine Learning ◽  
Support Vector Regression ◽  
Cash Flow ◽  
Predictive Accuracy ◽  
Model Development ◽  
Construction Project ◽  
Support Vector ◽  
Sensitivity Index ◽  
Content Type ◽  
Hyperparameter Selection

PurposeKnowledge of the effect of various cash-flow factors on expected project profit is important to effectively manage productivity on construction projects. This study was conducted to develop and test the sensitivity of a Machine Learning Support Vector Regression Algorithm (SVRA) to predict construction project profit in Ghana.Design/methodology/approachThe study relied on data from 150 institutional projects executed within the past five years (2014–2018) in developing the model. Eighty percent (80%) of the data from the 150 projects was used at hyperparameter selection and final training phases of the model development and the remaining 20% for model testing. Using MATLAB for Support Vector Regression, the parameters available for tuning were the epsilon values, the kernel scale, the box constraint and standardisations. The sensitivity index was computed to determine the degree to which the independent variables impact the dependent variable.FindingsThe developed model's predictions perfectly fitted the data and explained all the variability of the response data around its mean. Average predictive accuracy of 73.66% was achieved with all the variables on the different projects in validation. The developed SVR model was sensitive to labour and loan.Originality/valueThe developed SVRA combines variation, defective works and labour with other financial constraints, which have been the variables used in previous studies. It will aid contractors in predicting profit on completion at commencement and also provide information on the effect of changes to cash-flow factors on profit.

A construction project net cash flow model

1989 ◽  
Vol 7 (1) ◽  
pp. 3-18 ◽  
Author(s):  
Russell Kenley ◽  
Owen D. Wilson
Keyword(s):  
Cash Flow ◽  
Flow Model ◽  
Construction Project

scholarly journals Modelling and Prognosis of the Export of the Republic of Serbia by Using Seasonal Holt-Winters and Arima Method

2016 ◽  
Vol 54 (2) ◽  
pp. 233-260 ◽  
Author(s):  
Jelena Mladenović ◽  
Vinko Lepojević ◽  
Vesna Janković-Milić
Keyword(s):  
Agricultural Production ◽  
Balance Of Payments ◽  
Bilateral Agreements ◽  
Labour Costs ◽  
The Subject ◽  
The Republic ◽  
The One ◽  
High Degree ◽  
Insight Into

Abstract Low labour costs as one of the key sources of export stimulation, the competitive advantage of domestic agricultural production and bilateral agreements with partner countries - all promote export as a potentially significant factor of encouragement of economic development of the Republic of Serbia.Taking into account this fact, on the one hand, and balance of payments problems that Serbia has been facing over the years, on the other hand, the subject of this paper is an analysis of trends in the Republic of Serbia export and explanation of variations in the export trends during the period from 2004 to 2014. The aim of the paper is to explore export trends forecast from January to December 2015.The analysis uses Holt-Winters and ARIMA methods for analyszing time series.The paper provides insight into the export trend forecasts for the period of 12 months, and thus confirms the possibility of practical usage of the time series analysis methods in forecasting macroeconomic variables such as export. The used methods identify increase of export during the summer and its decrease after October 2015. The paper establishes the existence of a high degree of congruence between forecasts obtained by using two methods, which confirm a high quality of the elaborated methods in the analysis of exports.

scholarly journals Sistem Pengelolaan Piutang Pada PT. Human Resources Provider Menggunakan Metode Analisis Aging Schedule dan Simple Additive Weighting

2019 ◽  
Vol 1 (3) ◽  
pp. 153-164
Author(s):  
Wayan Gede Suka Parwita ◽  
I Gusti Ayu Ari Ardini
Keyword(s):  
Human Resources ◽  
Cash Flow ◽  
Payment System ◽  
Weighting Method ◽  
Advance Payment ◽  
Simple Additive Weighting ◽  
Aging Schedule

PT. Human Resources Provider as known as HR Pro is one of outsourcing company. HR Pro provide man power solutions to Human Resources Department at your company. Term of payment between HR Pro and the client are using cash advance payment or charged after payroll process done. Payment system like this can affect to cash flow because almost 90% of company revenue established as receivable in advance. The aim of this research are given solutions to help finance staff for manage account receivable. Account receivables will be sorted from highest to lowest value’s from the results of the calculation aging schedule and simple additive weighting method. This system is using three criterion calculation are receivable values (40%), account receivable aging (35%), number of employee (25%) and finally can give visual appereance in the form of the best solutions using aging schedule and simple additive weighting method. The results of this research are finance staff can manage account receivable easily and the company can make decision quickly for clients who do not pay the invoices based on term of payment.

scholarly journals Do financial restricted companies use the cash flow for investment or for cash holdings?

2020 ◽  
Vol 39 (3) ◽  
pp. 69-84
Author(s):  
Alberto Granzotto ◽  
Fernanda Alves Lamberti ◽  
Igor Bernardi Sonza
Keyword(s):  
Cash Flow ◽  
Structural Breaks ◽  
Cash Holdings ◽  
Z Score ◽  
Threshold Method ◽  
Publicly Traded Companies ◽  
Flow Sensitivity ◽  
Cash Flow Sensitivity ◽  
Representative Model ◽  
The One

The present paper aims to verify whether the most financially restricted companies use their cash flow for investment or for cash holdings. To this end, the cash flow sensitivity of investment as well as the cash flow sensitivity of cash for Brazilian publicly traded companies through the Threshold method is tested, given its classification in restricted and unrestricted companies. In this context, the models of Fazzari, Hubbard and Petersen (1984) and Almeida, Campello and Weisbach (2004) were applied, using as structural breaks the Dividends Paid, Total Assets, Z-score and KZ-index. The result of the analysis was not clear in relation to which behavior is predominant in Brazilian companies. Using the Total Asset as a Threshold, the model that was most representative was the one referring to investments in capital goods. But, considering the Z-score as a Threshold, the most representative model indicates that companies use more Cash Flow results for cash holdings. Dividends and KZ-index were not significant in the analysis.

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