Quollnet project cashflow uses mathematical distributions to simulate a real-life project work progress. Based on such work progress and the data given by the user, a cashflow projection will be generated. The data needed is as follows:

Project Cost:

The total selling cost of the project.

Advance Payment:

A percentage of the Project Cost issued to the contractor prior to the start of work.

Duration:

Time required to complete the project.

Retention:

The percent deduction applied to each invoice issued by the contractor and repaid partially at the end of the project. The second part is repaid at the end of the defect liability period.

Liability period:

The period where the contractor remains liable for the quality of their work.

Algorithm:

The algorithm to be used to simulate the project work progress.

Work in-excess of billing:

The percentage of work performed per period that cannot be invoiced until next period

Resource prepayment:

Percent of the project cost that shall be paid by the contractor over a period to hire subcontractors, book material, make mobilization, …

Duration of prepayment:

The period required to higher subcontractors, finalize purchase contracts, complete the mobilization, purchase equipment …

Percent Profit:

A percentage of the Project Cost retained by the contactor as profit.

Percent Subcontractor:

The percentage of work that is expected to be performed by third party subcontractors.

Subcontracts retentions:

The percent deduction applied to subcontractor invoices and released in two phases (1) after completion of the project, (2) after the defect liability period.

Per period interest rate:

Percent interest rate charged against negative cashflow. The percentage is compounded per period. Example: If the period is in month, the percentage should be in month and the coumpounding period will be the same.