Example Scenario: Project Defaults on Billable Changes
You’ve mastered the PCO, from adding items to approval, including adding vendor COs. What about billing?
- Project Markups - To markup different cost types by percentage, use the Markups
tab on the PM Projects form. These affect individual line items. For example,
$100 of estimated cost with a 10% markup is priced at $110.
You can modify markups on the change order, but you cannot add new markups. The markup must be set up on the project before it can be added to a change order.
Press F1 in any field on the Markups tab for more detailed information.
- Project Add-ons - While mark-ups apply to line items, add-ons calculate as
separate lines. You can view the add-ons set up on a project using the Add-ons
tab on the PM Projects form.
Your company can cause add-ons to automatically add to every new project (using the Add-ons tab on the PM Company Parameters form). On the change order, you can modify or delete the default add-ons, but an add-on must exist on the PM Projects form before it can be included in a change order.
Press F1 in any field on the Add-ons tab for more detailed information.