CASH FLOW PLANNING IN LARGE CONSTRUCTION PROJECTS

Abstract

This study addresses cash flow planning in large construction projects, highlighting its relevance to financial sustainability, operational efficiency, and business competitiveness. The research shows that structured application of cash flow allows anticipating critical periods, adjusting financing strategies, and aligning disbursements with the physical schedule of works, reducing risks of interruption and financial losses. The tool is shown to significantly support decision-making by providing consistent information for defining priorities, assessing investments, and preserving liquidity. Furthermore, its use enhances organizational transparency and strengthens governance, essential factors in large-scale projects involving high investments and multiple stakeholders. The integration of cash flow with modern management practices and digital tools further expands its utility, ensuring real-time monitoring and greater accuracy in financial reporting. The study concludes that financial planning based on cash flow should be considered a strategic axis in the execution of complex projects, as it contributes to project continuity, enhances corporate credibility, and ensures better competitiveness in the market.