Construction Financial Glossary

Cost-Loaded Schedule Definition

A cost-loaded schedule integrates project costs into the construction schedule, linking expenditures to specific project activities. It helps track cash flow, manage progress payments, and monitor budget performance.

Benefits of a Cost-Loaded Schedule

    1. Provides real-time financial tracking.
    2. Aligns project costs with work completed.
    3. Improves accuracy in Progress Billing.

Creating a Cost-Loaded Schedule

    1. Assign costs to each activity in the project timeline.
    2. Use project management software for tracking.
    3. Regularly update the schedule as work progresses.


Related Terms: Progress Billing,Earned Value Management (EVM) (EVM), Construction Scheduling, Critical Path Method

FAQs

What is the main purpose of a cost-loaded schedule?

A: To align project expenditures with actual work progress, ensuring accurate financial forecasting.

Can cost-loaded schedules help with dispute resolution?

A: Yes, they provide documentation of work completed and associated costs, reducing payment conflicts.

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