CFO metrics

Over-Billings and Under-Billings: How to Read the WIP Schedule Like a CFO

The WIP schedule is the construction CFO's single most important report. It shows every project's earned vs. billed position, and the balance between over-billings and under-billings across the portfolio tells the story of cash flow, bonding capacity, and potential earnings surprises. Reading a WIP correctly is a learned skill that separates contractors who manage projects well from those who discover problems too late.