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A project manager wants to improve cash flow without changing total contract price. Which action is most directly related to collections?

Correct Answer

A) Send accurate progress billings promptly under the contract schedule.

Prompt, accurate billing under the contract schedule supports faster collections and cash flow.

Answer Options
A
Send accurate progress billings promptly under the contract schedule.
B
Delay every invoice until final completion.
C
Stop tracking accounts receivable aging.
D
Pay vendors earlier while customer invoices remain unissued.

Why This Is the Correct Answer

Prompt, accurate billing under the contract schedule supports faster collections and cash flow.

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