By using construction schedules to predict project completion, contractors can adjust crew sizes, shifts, or equipment to speed or slow progress. The contractor can use the anticipated monthly values to plan cash flow. The contractor's cash flow for a project is the difference between the funds received and the expenses paid out. It is common for the contractor to pay out more than is received during the first part of the project. The contractor must anticipate the shortfall and provide additional funds to make up the difference.
Dollar loaded schedules can help contractors plan cash flow and arrange for necessary borrowing.
Actual progress can be used to calculate monthly contractor progress payments. Subcontractor's and Vendor's Perspective Construction schedules are used to predict when specific activities will start and finish. Subcontractors can use this information to predict when they are needed at the site. Vendors need to be aware of activity dates to ensure that project components and materials are available and deliverable when required. Overall Perspective Used as a tool to manage time, the primary advantage of a schedule is to produce the necessary planning which all successful projects require.