Modelling of project cash flow on construction projects in Malang city

Djatmiko, Bambang

doi:10.1063/1.5003497

Cited by 6 publications

(7 citation statements)

References 11 publications

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“…Each option was given a relative weight of 5-1. The following are the three key sections of the questionnaire: the First Section, concerned with the personal data of the respondents and their companies; the Second Section, concerned with the independent variable (cash flow variation); literature was used to develop this instrument (Al-Joburi et al, 2012;Djatmiko, 2017;Liang et al, 2021); and the Third Section, concerned with the dependent variable (project performance) with all its dimensions (Project Final Duration, Quality, Safety, and Final Cost); literature was used to develop this instrument (Guracanli et al, 2017;Lu & Liu, 2014;Oke et al, 2016).…”

Section: Research Design and Methodologymentioning

confidence: 99%

“…The following six elements have an impact on the PCF: (1) down payments and progress billings for piece work contracts, (2) progress schedules, (3) material schedules, (4) equipment schedules, (5) labour schedules, and (6) subcontractor payment schedules (Djatmiko, 2017). Purnus and Bodea (2016) noted that complete and regulated planning for project cash flow management should be created to deal with increased financial risks, high capital expenditures, market competitiveness, and other competitive concerns that construction businesses face.…”

Section: Literature Reviewmentioning

confidence: 99%

“…In this study, four dimensions were selected to measure projects' performance: Time, Quality, Safety, and Cost. These dimensions were chosen as the most influential dimensions in the performance of construction projects according to previous studies (Djatmiko, 2017;Michael, 2018;Mahmoud et al, 2020). In addition, these dimensions are directly and significantly related to cash flow, as any change in cash flow will directly affect these dimensions.…”

Section: Introductionmentioning

confidence: 99%

“…Previous studies (Djatmiko, 2017;Sharifi and Bagherpour, 2016;Zayed and Liu, 2014;Al-Joburi et al, 2012) have indicated the importance of examining the impact of cash flow on project performance, as this has an impact on the project ability to continue and to achieve its goals, as exploring the suitable cash flow for a construction project with regard to project needs will help project managers achieve the desires of users and meet their demands efficiently. Despite the multiplicity of these studies, the effect of cash flow variation on project performance still needs more study and examination (Mahmoud et al, 2021;Koopman & Cumberlege, 2021;Al-Subaie et al, 2021).…”

Section: Introductionmentioning

confidence: 99%

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Impact of cash flow variation on project performance: contractors’ perspective

Tarawneh

Almahmoud

Hajjeh

2023

Engineering Management in Production and Services

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This study aims to determine the impact of cash flow variation in Jordanian construction projects from contractors’ perspective and its relationship with project performance. An online questionnaire was developed and distributed to a selective sample. The respondents were project managers from contracting companies working in Jordan, around 340 construction companies. The sample frame was a form of non-probability sampling of 181 project managers. The collected data were analysed using the Statistical Package of the Social Sciences (SPSS) version 25. The study results showed a positive statistically significant effect at the significance level (α ≤0.05) of cash flow variation on project performance in Jordanian construction projects. In addition, respondents indicated a high level of agreement on the impact of cash flow variation on projects’ performance, with a mean of 4.01 and a standard deviation of .546. However, on the project performance dimensions’ level, Quality came first, with a mean of 4.11 and at a high level, followed by Safety, with a mean of 4.01 and at a high level, while Final Cost ranked third with a mean of 3.96 and at a high level. Finally, Project Final Duration ranked fourth with a mean of 3.95. The researchers recommended the necessity of more efforts for a better understanding of the importance of cash flow by contractors to schedule project activities correctly and efficiently to maintain a steady state of the project cash flow.

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Section: Research Design and Methodologymentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

See 2 more Smart Citations

Impact of cash flow variation on project performance: contractors’ perspective

Tarawneh

Almahmoud

Hajjeh

2023

Engineering Management in Production and Services

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“…(CSR) menekankan bahwa tanggung jawab perusahaan bukan sekedar dalam bidang ekonomi saja, melainkan juga tanggung jawab sosial dan lingkungan. Dasar pemikirannya adalah bahwa menggantungkan semata-mata pada kesehatan fi-nansial tidak menjamin perusahaan akan tumbuh secara berkelanjutan (Djatmiko 2006). Elkington (1997) Penelitian ini bertujuan untuk meneliti pengaruh terhadap kinerja lingkungan.…”

Section: Gagasanunclassified