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- Record job-related “issues” that could impact the job’s estimated cost, projected total cost, contract value and/or committed costs.
- Group each issue into user defined Change Request Type categories.
- Track the evolution of a Change Request from pending to approved/rejected using user definable status codes.
- If available, you can enter amounts, units, and hours in detail at a job/Cost Type/Costcode level. Based on the change type and status, this detail can immediately update both the job’s budget and projected total cost.
- Track revisions to the Change Request financial data.
- Track each change request’s progress history.
- Create a Change Request form with a single button click.
Benefits:
- Track and review profit margin on the original project scope vs additional change requests
- Ensuring all change requests are properly entered/tracked in the system, with the correct status code, will provide for more accurate reporting and earned revenue calculation
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- Project Management > Change Management > Change Requests
Video:
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