January 30, 2009
where do i get a program in construction that gives me estimates and work schedules plus cashflow projections?
Can you answer sadsack - 47's question about cash flow?:
can i buy one in canada or some place in manitoba ?
Funds Flow Statement
can i buy one in canada or some place in manitoba ?
Funds Flow Statement
Filed under More Cashflow Answers by admin
Comments on where do i get a program in construction that gives me estimates and work schedules plus cashflow projections? »
Egad - if you find one, I'm out of a job!
Most construction projects are varied enough that there is no program that will give you a construction schedule, i.e. I'm building a house that's 2000sf, and it spits out a detailed schedule. There are too many factors to consider. You can buy a program that assists you with scheduling, but you have to supply the brainpower, and it does the math & makes the schedule look pretty.
Estimates. For what is called a "concept estimate", I would use the RS Means book. It will give you rough SF costs for what ever you are trying to build. It is accurate to about 10 - 15%, which is all you are going to get until you go out to contractors for bids. Example: I am building a 2000 sf house, and RS Means past cost book tells me that a medium finish one story house costs $70USD, which would be a total of $140,000 (structure only).
Cashflow projections. This is where your schedule & estimate comes together. When you have a detailed schedule and a detailed estimate, you can combine the two to create a cashflow projection.
Just curious, what are you trying to build?