Adding a Pricing Profile
In this Topic
A pricing profile is a collection of settings used to gather historical bid data for pricing items in Preconstruction. This collection of settings determines which historical bid data is included in the calculations generated by the pricing service. For example, a pricing profile can indicate whether to include only bid data for proposals that have a given work type or use a selected spec book.
A pricing profile can also indicate a range of dates so that bid data is included only for proposals that were let during that time period. Advanced parameters and filters can be used to identify data that matches exact characteristics. Your agency can create multiple pricing profiles that can be used for different types of pricing models and different types of projects.
The Add Pricing Profile component opens on the General tab, which allows you to enter general information for the pricing profile you are adding. From this component you can also select data, parameters, and filters to add to the profile by clicking additional tabs located on the left side of the component.
To create a new pricing profile, you must enter information in these required fields on this tab:
It is not required, but you can enter information in these fields to record additional information about the pricing profile:
To create a complete pricing profile, you must also enter required information on the Data Selection, Basic Parameters, and Advanced Parameters tabs.
Data Selection
To create a complete profile, click the Data Selection tab and select the kind of proposals you want included in the profile in the Use Only field.
It is not required, but you can also add information for the profile in these fields:
Basic Parameters
Click the Basic Parameters tab to add parameters to your pricing profile. To create a complete profile, you must enter information in these fields:
It is not required, but you can add more information to the profile in these fields:
Advanced Parameters
Click the Advanced Parameters tab to add variables, averages, regressions, or date parameters to your pricing profile.
Variables
Expand the Variable section to select one or more of these variables for your analysis:
Averages
To add averages to your analysis, you must enter information in these fields:
If you want to generate averages, select the Generate Averages field.
Regressions
To add regressions to your analysis, you must enter information in these fields:
It is not required, but you can add more information to the regression in these fields:
Date Parameters
To add date parameters to the regression, you must enter information in these fields:
If you want to generate regressions, select the Generate Regressions field.
Advanced Filters
Click the Advanced Filters tab to include proposal or item filters to your pricing profile.
To filter proposals in the profile by a field, expand the Proposals section and select the field in the Proposal Filter Clause field.
To filter items in the profile by a field, expand the Items section and select the field in the Item Filter Clause field. If you don't want to include obsolete items, make sure the Exclude Obsolete Items field is selected.
When you have finished adding information, apply your changes to the system by clicking the Save button. The system displays a message to confirm that the new information was saved in the database.
If you want to add more than one pricing profile, select Add New from the Action menu on the component header.
