IN THEIR OWN WORDS
What your peers and experts say about predicting.
“ ook for trends in overhead burden and forecast a L breakeven point and review its status regularly. Communicate this information to your estimating department.”
Martha-Ann Marley President Gardner Associates, Inc.
“ ccurate forecasting . . . has really improved our cash flow. A I can compare work done against the budget and allocate variances. Project managers can prepare projections in an afternoon instead of two or three days.”
Bob Scott Controller Thor Construction
“ Taking the time to accurately prepare a cash flow projection for each project, as well as all combined projects, could make the difference between success and failure.”
Michael B. Ceschini Managing Partner Ceschini & Co., CPAs
“ Project cost forecasting is more than just for revenue recognition. Increasing the accuracy of these projections will improve your decision making, strengthen your profit margin, and reduce your risk.”
Dennis Stejskal Vice President, Product Management Sage Construction and Real Estate Solutions
3