Budget Quantity / Man-Hour Adjustment
During the course of a project, it is typical to have scope modifications that warrant changes to quantities and/or labor hours.
It is important to remember that changing man-hours or quantities will affect budgeted values of MH/QTY, QTY/MH, and Unit-Costs, but will not change the overall dollar value of your budget.
InEight Control contains a Budget Quantity / Man-Hour Adjustment Wizard that walks you through the following steps for performing a quantity and/or man-hour adjustment:
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Select Items
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Assign Amounts (quantities, man-hours, or both)
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Summary (submit to pending)
The following Step by Step walks you through the process for performing a budget quantity adjustment:
Perform a Budget Quantity / Man-Hour Adjustment
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Select the Actions drop-down menu, hover over Budget move & contract adjustment, then click Budget quantity & Man hour adjustment.
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The Budget quantity & Man Hours adjustment – Details window appears
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Type 002XX in the Issue # free text box (where XX are your initials).
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Type 002XX in the CCO (Contract Change Order) text box (where XX are your initials).
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Type Tonnage increase due to material change in the Description free text box.
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It is recommended that each budget adjustment have a concise description of why the adjustment is needed
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Click Next.
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The Select Items window appears
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Select the a cost item from the tasks list.
- You can select more than one cost item to adjust, however these changes will be grouped as a single line item in the Change Register
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Click Next.
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The Assign Amounts window appears
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Enter the change to the man-hours or quantities into the appropriate field. For this example, type 5,000 in the Quantity field.
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Click Next.
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The Summary window appears
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Review your changes, then click Submit to send them out for approval.
- This budget move is now listed in the project’s Change Register with a status of Pending
Later in this lesson, you will learn how to approve and modify budget changes from the Change Register.