Articles tagged Forecasting
Accounting
Cost-to-cost percent complete: when it lies and how to catch it
Cost-to-cost is the most common way contractors measure progress, and it's only as honest as the cost to complete behind it. Five ways it misleads, a worked example of each, and the cross-checks that catch them early.
Change orders
Change events vs change orders: tracking exposure before it's signed
By the time a change order is signed, the money is already spent or already lost. The change event is where exposure starts. Here's how to track it, what to put in the forecast, and why the gap between the two is where margin leaks.