Maintaining the financial liquidity of construction companies during the implementation of large investment contracts is one of the main budgetary problems when planning their schedules. Despite the unquestioned, greater than ever, development of effective methods of planning, coordinating and controlling, the increase in the complexity of the organization’s operating conditions makes it no easier to succeed in project management. This article attempts to analyse the impact of unplanned time and cost deviations on the liquidity of a construction project. Deviations from the planned costs and expenses incurred by the contractor were used as an example in this study.
- Earned value method
- time-cost deviation