Add Related Sub Orders
Explanation
Use this activity to add related contract change orders
to one main contract change order. Connecting change orders can be relevant
when several change orders are related to each other. E.g. a requirement for a
change on a sales contract may cause the need to make changes to a related sub
contract or a project. By connecting the related change orders, it is possible
to get an overview of the total
impact of the change.
Cost and revenue values from the related change orders
are displayed per cost/revenue element in the
Impact/Financial - Total Sub Orders
tab. A change order can only be connected as a related sub
order to one other change order. A change order which has related change
orders acts as a parent change order, and can in turn not be a sub order to
another change order.
Prerequisites
- A contract change order should exist.
- The contract change order should not already be connected to another parent contract change order.
System Effects
- Financial information (agreed/requested/expected cost and revenue
values) from the related sub orders is displayed in the
Impact/Financial - Total Sub Orders tab.
- The total financial impact (summarized
agreed/requested/expected cost and revenue values) from the related sub
orders is displayed in the
Impact/Financial - This Order tab.
Window
Contract Change Order
Related Window Descriptions
Contract Change Order/Related Sub Orders
Contract Change Order/Impact/Financial - Total Sub Orders
Contract Change Order/Impact/Financial - This Order
Procedure
- Open the Contract Change Order window.
- Select the Related Sub
Orders tab and create a new record (F5).
- Use the List of Values in the Change
Order Sequence field and select or query for a Contract Change Order.
- Save.
- Repeated step 3 - 4 to add more related contract
change orders.
- Optionally, go to the
Impact/Financial - Total Sub Orders
tab to view the financial impact from all related change orders. Note the
summarized fields for Agreed, Requested and Expected Cost
and Revenues from the related sub orders.
- Optionally, go to the
Impact/Financial - This Order tab to view the total financial impact, both
from the current change order and the related sub orders. Note the
summarized fields for Agreed, Requested and Expected Cost
and Revenues for this order and the related sub orders. A value for
Profit and Margin is calculated if there are values in either the
Revenue This Order and
Revenue Sub Orders fields, or Cost This Order and
Cost Sub Orders fields.