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CONSTRUCTION ERP
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Control margin before it disappears.

A live cost value reconciliation: current budget against committed, actual and forecast cost — with estimate at completion and forecast margin, per project and across the portfolio.

The problem

Most contractors learn a project has lost money in the month it finishes. The cost report is monthly, produced by hand from four sources, and by the time it is agreed the decisions it would have changed are already taken.

The number that matters is not actual cost. It is projected final cost — and it can only be produced automatically if commitment, actual and measured progress live in the same system.

Core workflow

How the forecast is produced.

01
Original budget
From the awarded BOQ, by cost code.
02
Approved changes
Approved variations revise the budget, with an audit trail.
03
Committed cost
Purchase orders and subcontracts, whether invoiced or not.
04
Actual cost
Invoices, timesheets, plant hours and material consumption.
05
Cost to complete
Remaining quantity at current rates, plus known exposure.
06
Forecast & margin
Estimate at completion, variance and forecast margin.
What it covers

Cost structure

Cost by project, BOQ and WBSCost codes and cost centresMaterial, labour, plant, subcontractPreliminaries and overheadsMulti-currency exposure

CVR

Cost value reconciliationEstimate at completionCost and revenue varianceWIP and accrualsMargin and forecast margin

Control

Budget revision approvalCommitment against budget checksOverrun alerts by cost codePortfolio cost roll-upWeekly cost reporting
Operational outcomes
Weekly
Cost report, not monthly
+2.6 pts
Margin protected on live projects
−9 FTE-days
Monthly cost reporting effort
100%
Commitment visible before invoice

Ranges observed on Al Jawad engagements. Targets agreed in assessment.

Produce one CVR from your own data.

We build the cost value reconciliation for one live project and compare it with your last monthly report.