Change Management Overview
Changes can happen during all phases of a project. There will likely be modifications to quantities, design, schedule, and/or cost. You will need to manage changes that have been identified and determined to have an impact to the project. It is also vital that you have a way to compare the project from its original plan with all the changes that have affected the project.
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Budget Move (Net Zero Dollar Move)
Options:
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Associated Budget Move – define budget moves with a From and To process to provide ultimate traceability of budget moves.
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Non Associated Budget Move – define budget moves freely to provide the most flexibility. A quicker way to perform a budget move.
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Budgeted dollars are moved from one cost item to another, without changing the overall budgeted price
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Can change MH/QTY and Unit Costs of the cost item
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Quantity or Man-Hour Adjustment
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Adjust values for quantities or man-hours applied to a single cost item
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Can change MH/QTY and Unit Costs of the cost item
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Contract Quantity Adjustment
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Adjust budget to capture changes in work scope (quantity)
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Adjust dollars from existing or new pay items
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Allows “locking” of Total Price, Unit Price, or Pay Quantity
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When you perform a budget move, contract adjustment, or budget quantity and man hour adjustment, you can select a maximum total of 250 cost items or 100 pay items. When you exceed the maximum, the Budget move and contract adjustment option in the Actions menu drop-down becomes unavailable. This improves the speed, reliability, and performance of the change order.