Price the Issue

A man wearing personal protective equipment uses a cell phone and laptop at a construction site
Use Case

As the superintendent corresponds with the client and gets more information, he details out the estimated pricing for the issue, in preparation for it becoming a change order.


In InEight Change, you can add pricing to the issue either using estimated costs on existing cost items or by adding new cost items. You can indicate which cost items are vendor-related, and you can add multiple levels of markup for overhead and profit as needed.

A diagram of a product

Description automatically generated


You have several options for how to price issues, depending on your internal processes for handling change order work.

A screenshot of a diagram

Description automatically generated

The sections below provide more detail for each option.

Price the Issue from Current Estimate

In Control, you may have already added Current Estimate pricing as shown in the previous section –Update Current Estimate Values for Forecasting. This includes adding estimated quantities and costs for new cost items specifically created for addressing the current issue, as well as existing cost items from your original budget that require slight modifications to accommodate additional work.

The steps below assume that pricing was already defined for a cost item in InEight Control that you now want to include as pricing for the issue in InEight Change.

Step 1

Go to Change > Issue record > Pricing tab > Cost Item pricing.

A screenshot of a computer

Description automatically generated

Step 2

Select Add > Add existing cost items.

A screenshot of a computer

Description automatically generated

Step 3

Select the cost items that pertain to the issue.

A screenshot of a computer

Description automatically generated

Step 4

Assign cost pricing to the cost item(s).

You can do this using Group item pricing or just by clicking in the Cost pricing field.

A screenshot of a computer

Description automatically generated

Step 5

Click Add.

A screenshot of a computer

Description automatically generated

Step 6

To bring in the current estimate values for your cost item(s) from InEight Control, select the cost item(s) and select the Auto-calculate icon.

A screenshot of a computer

Description automatically generated

Step 7

Select what to auto calculate (cost, quantity, MHrs), then click Apply.

A screenshot of a computer

Description automatically generated

Step 8

The cost items update using the current estimate values from InEight Control.

A screenshot of a computer

Description automatically generated

Step 9

Click Save to update the issue’s current value.

You can also manually adjust pricing on a cost item by editing the Adjusted CB quantity.

A screenshot of a computer

Description automatically generated

A screenshot of a computer

Description automatically generated


Price the Issue from New Cost Item

You may have the need to add a new cost item that doesn’t yet exist in InEight Control to price out your issue.

Scenario: Your company wants change orders completely separate from the original costs and they don’t want any information showing up in Control until the change is approved.

For scenarios like this, you can price the issue in InEight Change, using new cost items.

Step 1

From Change > issue record > Pricing tab > Cost item pricing, select Add > Add new cost item.

A screenshot of a computer

Description automatically generated

Step 2

Add details, then click Apply.

A screenshot of a computer

Description automatically generated

Step 3

Click Save to update the issue’s current value.

A screenshot of a computer

Description automatically generated


Price the Issue Using Vendor Cost Item

As you price your issue, some of the work may be handled by a vendor via a vendor change order. You can add vendor-related cost items to your issue, and then either tie it to a new VCO or to an existing VCO if it already exists.

Step 1

From Change > issue record > Pricing tab > Cost item pricing, select Add to add either a new or existing cost item.

A screenshot of a computer

Description automatically generated

Step 2

For the selected or created cost item, select the Cost pricing category of Vendor.

Select Add.

A screenshot of a computer

Description automatically generated

Step 3

Add pricing to the cost item either by adjusting the CB Qty using Auto calculate or by manually adjusting the cost.

A screenshot of a computer

Description automatically generated

Step 4

Select the vendor-related cost item and click Edit.

A screenshot of a computer

Description automatically generated

Step 5

On the Edit cost item slide-out, select the vendor/contract, then click Apply.

A screenshot of a computer

Description automatically generated

Step 6

From the Pricing Summary tab, click Edit vendor and pricing information for the associated contract.

A screenshot of a computer

Description automatically generated

Step 7

On the resulting slide-out, select the pricing item, then select Associate to Vendor Change order.

A screenshot of a computer

Description automatically generated

Step 8

Select to associate it to a new or existing VCO, filling out details as needed.

If an existing VCO already exists, you can select the Vendor Change order ID from the drop-down list.

Click Add when finished.

A screenshot of a computer

Description automatically generated


View As-builts In Change

When estimating pricing for your issue, you may need visibility into what actual work has been done on the related cost items.

Scenario 1: A cost item is already in the works ahead of client approval and you want to check the work completed to date for which you can request a client change order.

Scenario 2: You need insight into how work is progressing on a cost item to better understand what is needed for your issue.

You can access this information from the issue’s Actions menu, without needing to go to InEight Control.

A screenshot of a computer

Description automatically generated

Selecting Actions > View as built totals summary gives you a summary of the quantities, man-hours and costs completed to date for the cost item’s related to your issue.

A screenshot of a computer

Description automatically generated


Add Markups

In addition to direct costs, you can calculate markups on your issue. Cost item pricing in InEight Change includes multiple levels for percentage-based markups that can stack on top of each other.

For example, you may add a markup just on labor costs. On top of that, you may include a markup for General and Administrative costs (G&A). Perhaps you then have an overall markup that is a percentage of all your costs, including the Labor and G&A markups.

A screenshot of a computer

Description automatically generated

The following steps walk you through setting up markups at the issue level.

Step 1

Select Add markup.

A screenshot of a computer

Description automatically generated

Step 2

On the Add markup window, select Add manual markups.

A screenshot of a computer

Description automatically generated

Step 3

Add the markup details (name, percentage, what section to apply it to), then select Add to selected markups.

A screenshot of a computer

Description automatically generated

Step 4

Follow the same steps to add additional markups as needed, then click Add.

A screenshot of a computer

Description automatically generated

Step 5

The markups are added to the cost item pricing according to the Markup levels selected. Click Save to update the Current value.

A screenshot of a computer

Description automatically generated

Access the following link to learn more about setting markups at the project level:

For more information on cost item pricing, access the following links:

Cost Item Pricing

Pricing



Back to Price the Issue Main Page