ACE Contracting
Task:
As the new commercial manager, write a comprehensive report to the commercial director that details how you intend to manage this problem. The report should cover the following:
1. Steps you would take to manage profitability issues in the current and future projects.
2. Using an exemplar cost value reconciliation (CVR) report, identify and explain pertinent information required to monitor profit and loss during construction projects.
3. Where losses or significant decreases in profit were recorded, discuss the possible causes of the variances.
4. Explain corrective actions to ensure profitability in the current and future projects.
Please see attached material in zip folder for your attention.
Also please use the blank CVR excel sheet provided in the zip folder for the calculation (file name – CVR blank to be completed by writer)
