CONSTRUCTION

See commitment amounts in work in progress (WIP) management

A new Commitment amount field in WIP schedules shows the purchase order or subcontract amount for each project, including posted change orders. Easily compare estimates to both actual costs and committed costs to better understand your WIP projects.

The new field is in the CALCULATED section when you show details for a project in a WIP schedule.

Key benefits

• Identify potential overruns earlier.
• Improve forecasting accuracy.
• Understand total cost exposure.
• Gain a more realistic view of project profitability and margins.

Permissions and other requirements