Maintaining Phase Ranges for a Contingency Assignment Profile

For different cost estimate phases, you can assign a range of numbers that represent the expected percentage markup to be applied to the total cost estimate amount to account for this contingency. In general, ranges for phases earlier in the estimation process are higher than in subsequent phases as the design becomes more finalized.

The Phase Ranges tab on the Contingency Assignment Profile Summary includes all of the estimation phase ranges recorded for the profile.

Each row includes an Actions button and current values in these fields:

Click in a field to change or delete information as needed.

To delete a phase range from the profile, select Delete from the Actions menu on the phase range row. The system shades the row gray to indicate it is marked for deletion. To reverse the delete action, click the Undo button.

To add a phase range to the profile, click the New button. The system adds a blank row to the list. To save the new phase range, you must enter values in the Cost Estimation Phase, Minimum Range, and Maximum Range fields. You can optionally select the Explanation Required check box.

When you are finished making changes, click the Save button. The system displays a message to confirm that your changes were saved in the database.