Define Additional Cost

Explanation

This activity is used to define and maintain additional cost for an estimate item. Additional costs are fixed cost which needs to be considered when in the estimate but it is not affected by the quantity required. Example of a fixed costs which might be of interest to include are; design costs, cost of new equipment, plant cost etc.

When it is a requirement to define additional costs for the complete estimate revision, this be done as a part of the version handling. Additional costs defined for a version are applied on all the top items. If it is necessary to differentiate the additional cost for the estimate items that exists the option to define such costs per item in the estimate structure.

Additional costs can be defined as a value per cost element. The estimate calculation just takes the additional costs into consideration, i.e. cover for them. There is no option to set contingency or markups for additional cost. When you perform a calculation for a combination of; item, revision and version, there are additional costs accumulated and presented separately from the variable cost related to the estimate tree structure.

Prerequisites

This activity requires;

System Effects

As a result of this activity is an additional cost defined for an estimate item, to be considered in the cost calculation.

Window

Estimate

Related Window Descriptions

Estimate/Estimate Items
Estimate/Estimate Items/Product

Procedure

  1. Open the Estimate window and search for the required Estimate ID.
  2. If it is necessary to differentiate the additional cost for an estimate item then open the Estimate/Items/Additional tab, skip step 3.
  3. Open the Estimate/Version/Additional Cost tab.

Note: Additional costs defined for a version are applied on all the top items.

  1. Create a new record.
  2. Select/enter a cost element, define the value of the cost.
  3. Save.