Construction Library
Commercial
CVR
Also known as: Cost Value Reconciliation
CVR (Cost Value Reconciliation) compares what a project has cost against the value of the work done, to show its true financial position.
CVR stands for Cost Value Reconciliation. It is the commercial exercise of comparing the cost incurred on a project against the value of the work completed, to reveal the real profit or loss at a point in time, rather than waiting for the final account to find out.
Regular CVR is how commercial teams catch a job drifting before it hurts. Sync’s cost tracking keeps budget, committed and actual figures together and works out the margin, so the CVR picture stays current instead of being rebuilt in a spreadsheet each month.
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