Versions Compared

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.

...

Feature

Revenue-Based Calculation

Independent Calculation

Cost derived from revenueYes (markup applied)No (costs are entered independently)
Revenue auto-filled based on costYesNo
Separate handling of VAT, price, and itemsLimitedFully flexible and detailed
Cost and revenue linkageDirectNo linkage (manual entry)

Fill by Revenue

This is a button The Fill by Revenue button is available on the Costs tab of the "Project Estimates (create)" form when the estimation method is set to " Independent Calculation of Costs and Revenues."
When clicked, it automatically fills in cost estimates using the revenue figures already entered on the Revenues tab. This provides a quick way to generate initial cost values, which can then be edited adjusted manually if needed. The feature is useful for maintaining consistency and saving time during This function ensures consistency between projected revenues and expected costs, streamlining early-stage project budgeting.

Refill Cost

...

Prices

The "Refill Cost Prices" button updates the prices of all listed cost items Price fields in the Costs tab using the system’s current price lists. When clicked, a confirmation message appears, and if confirmed, the system fetches the latest prices from the purchasing or vendor price list and replaces the values in the Price column.This function helps ensure that the cost estimates reflect the most current and accurate pricing, based on official or approved lists. It does not change quantities, UOMs, or other fields—only the price. If a price is not available in the listlatest values from project item pricing documents.
When selected, the system checks each cost item against relevant project-specific pricing records and replaces outdated prices with the most current approved values. A confirmation prompt is displayed before proceeding with the update.

  • Does not change Quantity, UOM, or Cost Element fields, only the price.

  • If no new price is available in the pricing document, the existing value remains unchanged.

Purchasing Price

The Purchasing Price form lets users select and apply the most relevant price for an item from historical purchase data, supplier tenders, or price lists.

...

This ensures cost accuracy and standardization based on previous procurement.

Change Cost Form

The Change Cost Form enables allows for bulk adjustment modification of existing project cost estimates. Users can adjust values by a defined specific percentage or a fixed AED valueamount. 

Image Removed

Key features includeFeatures:

  • Change Cost By: Input either a percentage (%) or absolute value (AED) to increase or decrease the total project cost.Filters: Adjustments can be restricted Apply percentage or absolute adjustments

  • Filters: Apply changes to specific Expense Items or WBS elements using selection filters.Work Breakdown Structure (WBS) levels

  • Adjustments Table:

  • Displays current cost (“Before”), entered adjustment, and updated cost (“After”).

  • Auto-calculates the impact of changes on total cost.

    Shows before and after cost values with automatic recalculations

  • Totals Section: Shows how changes affect:

  • Revenue

  • Costs

  • Overhead

  • Displays impact on Revenue, Costs, Overhead, and Profit

  • Apply Changes: Confirms the update and recalculates totals.Executes and updates cost values

  • Close: Exits the form without saving changes.

Example:

...

A 5% increase on a 658,380 AED budget

...

adds 32,919 AED, updating the

...

cost and reducing profit accordingly.

Image Added

Pick Button

The The Pick button (when used with Resource Type filters) helps select relevant cost elements such asenables users to select and insert cost items into the Costs tab from various categories, including:

  • Employees (for laborLabor costs)

  • Items (materials or goodsInventory items (Materials)

  • Fixed assets (equipment usage)

...

  • Equipment use)

  • Subcontractor services (e.g., construction, external labor)

This speeds up cost entry and helps ensure items are categorized correctly based on the type of expense.

Fill by Templates

The Fill by Templates feature allows loading pre-defined users to load predefined sets of cost structures into the Cost tab.Costs tab. These sets are drawn from other projects marked as templates.

  • Facilitates the reuse of cost data for similar work types

  • Saves time and promotes standardization

  • Enables consistent cost planning across projects