BSBSMB406A Manage Small Business Finance 2. Monitor financial performance 2.1 Regularly monitor and report on financial performance targets, and analyse data to establish extent to which the financial plan has been met Cost reporting – daily, weekly Monthly. Xero - Aconnex 406A Manage Finance - Wk 15 - Monitor Financial Performance

Regularly monitor and report on financial performance targets, Regularly Check performance against a cash flow forecast for the project. Regularly could be Daily if a very short term project --- Office Fitout with 2 shifts working Any rapid work where costs are high and spent in a short time 406A Manage Finance - Wk 15 - Monitor Financial Performance

2.1 Regularly report on financial performance targets, The value of the works and the program duration would determine the reporting period length. High Cost short period – Office fitout --- Report daily Moderate cost long period – School building – Monthly reports Low cost /m2 Long period – Home Building – Monthly report 406A Manage Finance - Wk 15 - Monitor Financial Performance

406A Manage Finance - Wk 15 - Monitor Financial Performance Analyse data to establish extent to which the financial plan has been met 406A Manage Finance - Wk 15 - Monitor Financial Performance