What effects do construction contractors experience when conforming to contractual cash flow constraints?
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Cash flow constraints on construction projects play a key role in determining how to manage project financing. The ability to work within the contractual constraint requirements is equally as important to achieve both financial and overall success at completion of the project. Parties to construction contracts rely on contract documents for requirements in regards to the managing of cash flow. Stochastic financing analysis and finance-based scheduling for construction projects have both been discussed at length in previous literature, however, there appears to be little research on the effects experienced by the effort required to meet contractual requirements for cash flow constraints. (Lee, Lim, and Arditi 2012; Elazouni and Gab-Allah 2004) The findings of this research provide decision makers and organizational members, including project managers, construction managers, and contract administrators with insight geared toward better understanding the implications of and efforts required to successfully manage cash flow within required constraints on construction projects.