Change management is an essential part of construction project management. As a project progresses, the original contract may need changes that add or remove elements from the scope of work. Documenting and accounting for these changes properly helps you avoid disagreements and disputes, keep the project budget accurate, and give the customer an accurate price.
The Changes Overview report gathers the financial details of a project’s changes in one place, so you can compare the original contract with all Customer Change Orders (COs).
1. Access the Changes Overview Report
Open the Changes Overview report from your Project to view or print it.
Steps:
In your Project, open the Home menu (house icon). Click Changes Overview under Reports.
After opening the report, click [Print] in the upper right to print or save it as PDF.
2. Review the Changes Overview Report
The Changes Overview report gives you a financial overview of a project in the context of all Customer Change Orders. It also includes potential (unapproved) scope changes and cancelled changes, which you can recover, edit, and approve as needed.
The upper section shows the contract details for the original contract and the combined Change Orders, including contract amounts, commitments, non-commitment costs, estimates to complete (ETC), indirect costs, and profit.
Below that, you’ll find a full list of Customer Changes, organized by status. Internal changes aren’t included in this list. Each change shows its Scope Changes along with its At Risk, Contingency, and Indirect Costs amounts, and two totals:
Priced: The budget for the Change Order, including its Scope Changes, any remaining At Risk and Contingency amounts, and indirect cost allocations.
Delta: The change total minus any Vendor Change Orders issued against it and any At Risk amounts.