Info Tab

Use this tab to enter information about the potential project, including the project name and description, site location, project details (size, status, type, value, etc.), and bid results.

Bid Info Tab

This tab contains bid information for the project. You can track the bid status and bid dates (started, completed, and submitted), project plan administration and availability, and cost breakdowns (e.g. labor costs/hours, material costs, equipment costs/hours, etc.). In addition, options are provided to indicate whether a bid bond is required and whether pre-qualification is required for bidding.

M/WBE Goals Tab

Use this tab to track SWMBE goals for the potential project.

If you use PC Create PM Project to create a PM project from this potential project, the SWMBE goals will copy over to the PM module project and they will display on the M/WBE Goals tab of PM Projects. Changes made on this tab after a PM project has been created will update the PM project, and changes made on the PM project will update the potential project.

Project Team Tab

Use this tab to define the team members on the project. Team members are contacts involved in the project, for example owners, contractors, subcontractors, estimators, and engineers.

When setting up contacts, you will need to assign a contact type and a contact source.

• The contact type identifies the contact's capacity in the current project. You can have several contacts of the same type on a project; likewise, a contact can be assigned different contact types depending on the projects to which they are assigned.

• The contact source determines the list of contacts available for selection. For example, if the contact source is AP Vendors, the contact must exist in the AP Vendors. Make sure contacts are set up in the appropriate form (e.g. AP Vendors, AR Customers) before you add them as a team member here.

When using PC Create PM Project to create a PM project from a PC potential project, the team members that are PM contacts can be copied to the new PM project. Click here for more information on PC Create PM Project.

Bid Packages Tab

Use this tab to set up bid packages for the potential project. Bid packages are used to define areas of work (scopes or phases) that you will send out for bid.

You can set up the preliminary information for a bid package on this tab or via PC Bid Package (accessed by double-clicking in the grid). Other information for the bid package (scopes/phases and the bid list) can be set up via PC Bid Package.

For information on setting up a bid package for a potential project, click here.

Bid Coverage Tab

The Bid Coverage tab is used to maintain the vendor bids on a potential project. Click here for more information on this tab.

Correspondence Tab

The Correspondence tab displays emails/faxes sent using PC Create and Send that relate to the potential project. This includes emails/faxes sent from both PC Potential Projects and PC Bid Package. For example, if you emailed an invitation to bid to a vendor on the bid list, that correspondence will display on this tab.

Click here for an overview on email integration in the PC module.

Click here for more information about using PC Create and Send to generate and send documents to vendors.

Forecast Info Tab

Use this tab to set up forecasting information for the project. The Allow Forecasting box, when checked, indicates that forecasting information for this potential project will be included in reports and Business Intelligence (BI).

The Scheduling section is used to identify the estimated start and completion dates for the project. These dates will be used to generate the forecast schedule (Forecast tab).

Use the Forecast section to identify the revenue, cost, and profit estimates for the project. These estimates will be used to determine the forecast amounts (on the forecast schedule).

You can also enter probability percentages for the company taking on the project (Go Probability) and being awarded the project (Award Probability). The Projected Chase field represents the estimated value of potential work. This value is a calculation of the Revenue Estimate x Go Probability x Award Probability, and will generally be reviewed by design build contractors to determine the feasibility of the project for their company.

Forecast Tab

Use this tab to set up the forecast for the potential project. The forecast defines, by month, the expected revenue, cost, and profit over the life of the project. If you have set up forecasting options in JC Company Parameters (Forecast tab), the forecast will be generated automatically based on the start and completion dates, the estimates specified on the Forecast Info tab of PC Potential Project, and the forecast options defined in JC Company Parameters.

For example:

In JC Company Parameters , set up the Forecast tab like below:

You then set up a potential project with the following information:

Once you save the project, the forecast will initialize as shown in the example below. The highlighted months are those marking the 1/3 and 2/3 intervals for the project based on the forecast intervals specified for revenue and cost in JC Company Parameters. The percentages shown for these months coincide with the revenue and cost complete percentages defined for these intervals (i.e. 20:50).

Adding Reports to the Form

You can associate a report with a form so that you can launch the report from the form using the Options > Reports menu. For example, you might want to associate the PC Bid Analysis or PC Subcontract Risk reports with this form so that you can launch those reports directly from the form and view the bid and vendor information.

Click here for information on launching reports from a form.

The following are related topics:

Overview: PC potential project to PM project

JC Company Parameters

PM Contracts