Do you require a means of assessing your projects’ costs and keeping a close eye on cash flow?
The majority of small contractors do not operate any regular form of cost control system. If budgets and expenditures are not regularly monitored, then cash flow can soon suffer as a result.
Cost-Value Reporting (CVR) is the comparison of the project value with the project cost at predetermined intervals during the progress of a project.
We can easily adapt your programme to monitor budgets / costs on a monthly or cumulative basis. Contact us for further details.
Example of cost monitoring programme
As with the above example cost monitoring programme, base-line construction costs are entered onto the programme at the start of the project. This provides the site team a good visual representation of the level of resources needed to achieve the programme completion date. Whatsmore the actual costs can be entered onto the programme at (for example) monthly intervals, thereby providing a good visual inidication of where project costs have been above or below original budgets. |
