Blog: Understanding Cost Value Reconciliation in Construction
In construction, keeping track of expenses is vital. Cost Value Reconciliation (CVR) is a crucial tool used by construction experts to assess how a project is doing financially. It helps project managers spot differences between the expected costs and the actual ones, making it easier to make smart decisions. In this blog post, we’ll break down CVR, examine its key parts, discuss why it matters in construction, and explore its advantages.
Read blog