Revenue (BOQ) refers to the Bill of Quantities (BOQ). It is a detailed document used in construction and project management to outline the estimated quantities of materials, labor, and overhead costs needed for a project. It serves as a key reference for calculating a project's revenue, particularly for projects priced based on work quantities.

It can be viewed in Estimation mode or Project structure mode. 

 

Details Shown:

Markup Functionality

The system calculates revenue for each estimation line by applying a markup—either a percentage or a fixed amount—to the entered cost. 

a) By BOQ- The markup will be applied based on the individual line items specified in the BOQ. The percentages are entered in the dialog box and are then applied to each corresponding line item.

b) By WBS – This option applies markup based on the Work Breakdown Structure (WBS). In the dialog box, either a markup amount or a percentage can be entered, which will then be allocated to the respective project tasks. Separate markup values can be defined for each task.

c) By Expense Item-

This option allows markup to be applied according to specific expense items. It allows amendment of markup amount and percentage.

Freeze Revenue Amounts

In practice, once revenue is agreed with a client, it should remain fixed, even if internal costs change. To support this, the Estimation Document includes a "Freeze Revenue Amounts" button that modifies the system’s recalculation behavior.

If the Freeze Revenue Amounts button is pressed:

Example:
If a revenue value of 1,450.15 is frozen, and overheads are amended and adjusted using the "Allocate Overhead Costs" function, the revenue will remain unchanged, as seen when comparing the screenshots. Only the overheads, total cost, and markup will be updated accordingly.

Import BOQ from file

This feature simplifies the process of entering BOQ data by importing it from an Excel file instead of manually typing each line.

The imported Excel file (or pasted data) must match these columns:

  1. Hierarchy Code – Code indicating the level or structure of the BOQ item in the project hierarchy.

  2. WBS Code – Work Breakdown Structure code for organizing work packages.

  3. Is Group–Boolean (yes/no or 1/0) to indicate if the item is a group header.

  4. Item Code – Unique code for the BOQ item.

  5. Description – Short description of the item.

  6. Full Description – Detailed description of the item (optional).

  7. Quantity – Number of units required.

  8. UOM – Unit of Measure (e.g., m², kg, hr).

  9. Comment Only – Optional notes for reference only (not used in calculation).