Buy Out

Check this box if buy out is complete (total commitments have been made through subcontracts, purchase orders, and/or material orders) for this phase and cost type.

Leave this box unchecked if buy out is not complete for this phase and cost type.

Reporting

This flag can be used in reporting and will be used in cost projections (JC Cost Projections and PM Cost Projections) if commitments are being included with actual costs (flag setting in JC Company Parameters). If buy out is complete for a phase/cost type (box checked), projected costs will be calculated as the actual cost plus total remaining committed cost.

 

JC Job Phases

PM Cost Projections

JC Jobs

PM Project Phases