1. 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

2. 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

3. 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

4. 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