Cost foreceasting schedule management and cash flow - Oracle Primavera P6 Collaborate 14
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This document provides information about a session on cost forecasting, schedule management, and cash flow presented by Richard Tregaskes of Faithful+Gould. Faithful+Gould is an international cost and project management consultancy. The session discusses the importance of cash flow forecasting for capital projects, and provides an overview of how to develop forecasts by tying costs to tasks, attaching durations, and integrating with other project management and financial systems. Participants are asked to complete an evaluation of the session.
Cost foreceasting schedule management and cash flow - Oracle Primavera P6 Collaborate 14
- 1. REMINDER Check in on the COLLABORATE mobile app Cost Forecasting, Schedule Management & Cash Flow Prepared by: Richard Tregaskes Senior Project Manager Faithful+Gould Session ID#: 15428
- 2. Faithful+Gould is a multinational cost and project management consultancy, providing expertise for construction and engineering projects in transport, property and industry. We have: ■ 2,000 experienced professionals ■ We are part of the Atkins Group, which employs 18,000 professionals ■ An international network of offices in the United Kingdom and Europe, the Americas, Asia Pacific and the Middle East and India
- 3. Within any organization, cash is the ultimate metric. It is the lifeblood that lets companies operate, invest and grow.
- 4. Cash requirements can always be difficult to estimate
- 5. Cash forecasting, particularly for capital projects, is essential Cash Forecast Other Cash Demands Project Schedules Project Budgets
- 7. All Invoicing Must be in the System
- 8. All Potential Changes Must Be in the System
- 10. Integrate with other Systems
- 12. ERP Systems
- 13. Keep in Use – Post Completion Cash Flow ROI Schedule Cost Project Execution Facilities Forecasts Planned Projects Project Prioritization New Projects
- 15. Cost Forecasting
- 16. Operating Costs Operating Costs Security Insurance Municipal Rates & Taxes Water & Electricity Cleaning & Maintenance
- 17. Project Costs
- 18. Contingencies Project Budget Cost Baseline Management Reserves Cost Estimate Contingency Reserves
- 19. Cost Estimate
- 20. Historical Costs
- 22. Cash Profile
- 23. Tie Costs to Tasks
- 24. Attach Durations to Tasks
- 25. Profile Spend Across the Task
- 28. Level 1 Elements of Your WBS
- 29. Level 2 and Onwards
- 30. Require Updates with Every Invoice / Pay App
- 31. Push Schedule Updates from P6 EPPM
- 33. Group Projects into Portfolios
- 34. Use Actual Project Data to Update Forecasts
- 35. View Effects of Portfolio Changing on Cash Forecasts
- 36. Systems Can Increase Complexity
- 37. Keep It Simple
- 38. Take the Time to Plan Properly
- 39. Benefit from the Results
- 40. Contact Information Richard Tregaskes Senior Project Manager Faithful+Gould 3020 Old Ranch Parkway, Suite 180 Seal Beach, CA 90740 Tel: +1 562 314 4200 DDI: +1 562 314 4196
- 41. Please complete the session evaluation We appreciate your feedback and insight You may complete the session evaluation either on paper or online via the mobile app