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003 OSt
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008 060322s2006 xx ||||gr |0|| 0 eng d
100 1 _aMAVROTAS, George
_923606
245 1 0 _aA model on cash flow forecasting and early warning for multi-project programmes :
_bapplication to the Operational Programme for the Information Society in Greece
260 _aAmsterdam :
_bElsevier,
_cFebruary 2005
520 3 _aOne of the most important programmes of the 3rd Community Support Framework for Greece is the Operational Programme for the Information Society (OPIS), which deals with the promotion of Information and Communication Technology (ICT) solutions in Greek society. Cash flow forecasting is essential in OPIS management as there are specific yearly commitments imposed by the European Commission and thus an efficient planning is required. In this study, a model on cash flow forecasting is developed and applied in order to improve the OPIS management. The model is based on a bottom-up approach starting from the level of a single contract towards the level of the entire programme. Each contract’s cash flow is approximated with an appropriate S-curve that expresses its cumulative expenses. The results can be aggregated in all intermediate levels (project, measure, etc.), as well as for different groups of interest (implementation body, ministry, etc.). The model is also used as an early warning system in order to secure the proper execution of the programme and prevent from any loss of funds, due to delays. The first results of the model show that it can be a useful tool to the OPIS’s administration not only for forecasting but also for monitoring and control.
650 4 _aManaging programmes
_918157
650 4 _aCash flow management
_923607
650 4 _aS-curves
_923608
650 4 _aForecasting
_923609
700 1 _aCALOGHIROU, Yannis
_923610
700 1 _aKOUNE, Jacques
_923611
773 0 8 _tInternational Journal of Project Management
_g23, 2, p. 121-133
_dAmsterdam : Elsevier, February 2005
_xISSN 0263-7863
_w
942 _cS
998 _a20060322
_b1515^b
_cNatália
999 _aConvertido do Formato PHL
_bPHL2MARC21 1.1
_c15068
_d15068
041 _aeng