Use this screen to enter all modifications for signed and funded value, as well as period of performance. You should enter the initial signed and funded value for a project against Modification "0000." Modification numbers other than "0000" will not be treated as original value for reporting purposes.
This screen is made up of two blocks, a table window and two subtasks. They can be used in the following manner:
The Identification block displays the project ID, the project name, abbreviation, and level. This block was initialized in the Basic Info screen in the Project User Flow (Projects\Maintain\Project) and will display regardless of which subtask or table is currently active on the screen.
The Modification Details block contains fields where you can enter the details of the contract and funded values for each modification.
Use the Unit Info subtask to enter details about funded units.
Use the Notes subtask to enter notes about each modification.
Use the Award Fee subtask enter information on award fees including award fee description, award fee period, contract award fee amount, and funded award fee amount. This data will be used in the Compute Revenue process.
Use this screen to enter the initial signed value, funded value, and period of performance for a project. Then you will need to use it only to update modifications to signed or funded value, or to the period of performance.
Project *
Select a project.
Use the table window in this block to enter the project modifications.
Enter a modification number in this field. This is an alphanumeric field, and as long as numerals are used in the beginning or end of the mod number, the system will provide a default of the last modification number for the project plus one. If no modification numbers are found, it will default to "0000." After you save the record, this field will be non-editable.
Note: The size of the initial modification number that is used will also determine the size of all modification numbers for the project (i.e., if you assign a modification number of "A1" as the first number, you will run out of modification numbers after "A9" because the system will treat "A10" the same as "A1"). |
Enter a description for each modification number.
Enter, or use Calendar Lookup to select, the effective date or date on which the modification was issued in this field. The current date is the default value, but can be changed. This date is for informational purposes only.
Enter, or use Calendar Lookup to select, the start date of the project in this field. The start date of the project is generally in the contract.
A warning message will display when transactions are charged to the project that fall outside this project's period of performance unless you deselect the Show Period of Performance Warning Message in the Project Settings screen (Administration\Configure\Projects). If this checkbox is not selected, no warning for transactions falling outside the project's period of performance will display.
Enter, or use Calendar Lookup to select, the end date of the project in this field.
A warning message will display when transactions are charged to the project that fall outside this project's period of performance unless you deselect the Show Period of Performance Warning Message in the Project Settings screen (Administration\Configure\Projects). If this checkbox is not selected, no warning for transactions falling outside the project's period of performance will display.
This non-editable field displays the earliest start date found on all the modifications for the project shown above. If no start date is found, "00/00/0000" is displayed.
This non-editable field displays the latest end date found on all the modifications for the project shown above. If no end date is found, "00/00/0000" is displayed.
This field will display either a user-supplied signed value for the project, or a system-calculated signed value, which is derived by using the Cost, Fee, and Fee % fields. The calculation varies depending on which two of the three variables has been entered. You must enter at least two variables for any calculation to take place.
If you enter a value (other than "0.00") here, it will not be recalculated regardless of any changes made to the other three variables. If you enter "0.00" (or no value), the value of this field will be recalculated based on entries made to the other three variables.
This field will display either a user-supplied fee % for the project, or a system-calculated fee %, which is derived by using the Value Modifications Cost, or Value Modifications Fee fields. The calculation varies depending on which two of the three variables has been entered. You must enter at least two variables for any calculation to take place.
If you enter a value (other than "0.00") here, it will not be recalculated regardless of any changes made to the other three variables. If you enter "0.00" (or no value), the value of this field will be recalculated based on entries made to the other three variables.
This field will display either a user-supplied fee % for the project, or a system-calculated fee %, which is derived by using the Value Modifications Cost, or Value Modifications Fee fields. The calculation varies depending on which two of the three variables has been entered. You must enter at least two variables for any calculation to take place.
If you enter a value (other than "0.00") here, it will not be recalculated regardless of any changes made to the other three variables. If you enter "0.00" (or no value), the value of this field will be recalculated based on entries made to the other three variables.
This field will display either a user-supplied signed value for cost for the project, or a system-calculated cost value, which is derived by using the Fee, Fee %, and Value fields. The calculation varies depending on which two of the three variables has been entered. At least two variables must be entered for any calculation to take place.
If you enter a value (other than "0.00") here, it will not be recalculated regardless of any changes made to the other three variables. If you enter "0.00" (or no value), the value of this field will be recalculated based on entries made to the other three variables.
This field will display either a user-supplied signed value for fee for the project, or a system-calculated fee value, which is derived by using the Value Modifications Current Cost, Value Modifications Current Fee %, and Value Modifications Current Value fields. The calculation varies depending on which two of the three variables has been entered. You must enter at least two variables for any calculation to take place.
If you enter a value (other than "0.00") here, it will not be recalculated regardless of any changes made to the other three variables. If you enter "0.00" (or no value), the value of this field will be recalculated based on entries made to the other three variables.
This field will display either a user-supplied signed value for fee for the project, or a system-calculated fee value, which is derived by using the Current Cost, Current Fee, and Value fields. The calculation varies depending on which two of the three variables has been entered. You must enter at least two variables for any calculation to take place.
If you enter a value (other than "0.00") here, it will not be recalculated regardless of any changes made to the other three variables. If you enter "0.00" (or no value), the value of this field will be recalculated based on entries made to the other three variables.
This non-editable field displays the sum of all Cost values for all modifications for the project shown above.
This non-editable field displays the sum of all cost values for all modifications for the project shown above.
This non-editable field displays the sum of all fee values for all modifications for the project shown above.
This non-editable field is calculated by dividing the Cumulative Fee amount by the cumulative total contract value.
This field will display either a user-supplied funded value for the project, or a system-calculated funded value, which is derived by using the Funding Value Current Cost, Funding Value Fee %, and Funding Value Current Fee fields. The calculation varies depending on which two of the three variables has been entered. You must enter at least two variables for any calculation to take place.
If you enter a value (other than "0.00") here, it will not be recalculated regardless of any changes made to the other three variables. If you enter "0.00" (or no value), the value of this field will be recalculated based on entries made to the other three variables.
This field will display either a user-supplied funded value for the project, or a system-calculated funded value, which is derived by using the Funding Value Current Cost, Funding Value Fee %, and Funding Value Current Fee fields. The calculation varies depending on which two of the three variables has been entered. You must enter at least two variables for any calculation to take place.
If you enter a value (other than "0.00") here, it will not be recalculated regardless of any changes made to the other three variables. If you enter "0.00" (or no value), the value of this field will be recalculated based on entries made to the other three variables.
This field will display either a user-supplied funded fee for the project, or a system-calculated funded fee, which is derived by using the Cost, Fee %, and Value fields. The calculation varies depending on which two of the three variables has been entered. You must enter at least two variables for any calculation to take place.
If you enter a value (other than "0.00") here, it will not be recalculated regardless of any changes made to the other three variables. If you enter "0.00" (or no value), the value of this field will be recalculated based on entries made to the other three variables.
This field will display either a user-supplied funded value for cost for the project, or a system-calculated cost value, which is derived by using the Funding Value Cost, Funding Value Fee %, and Funding Value fields. The calculation varies depending on which two of the three variables has been entered. You must enter at least two variables for any calculation to take place.
If you enter a value (other than "0.00") here, it will not be recalculated regardless of any changes made to the other three variables. If you enter "0.00" (or no value), the value of this field will be recalculated based on entries made to the other three variables.
This field will display either a user-supplied funded value for cost for the project, or a system-calculated cost value, which is derived by using the Cost, Fee %, and Value fields. The calculation varies depending on which two of the three variables has been entered. You must enter at least two variables for any calculation to take place.
If you enter a value (other than "0.00") here, it will not be recalculated regardless of any changes made to the other three variables. If you enter "0.00" (or no value), the value of this field will be recalculated based on entries made to the other three variables.
This field will display either a user-supplied funded value for fee (or profit) for the project, or a system-calculated fee value, which is derived by using the Funding Value Cost, Funding Value Fee %, and Funding Value fields. The calculation varies depending on which two of the three variables has been entered. You must enter at least two variables for any calculation to take place.
If you enter a value (other than "0.00") here, it will not be recalculated regardless of any changes made to the other three variables. If you enter "0.00" (or no value), the value of this field will be recalculated based on entries made to the other three variables.
This field will display either a user-supplied funded value for fee (or profit) for the project, or a system-calculated fee value, which is derived by using the Cost, Fee %, and Value fields. The calculation varies depending on which two of the three variables has been entered. You must enter at least two variables for any calculation to take place.
If you enter a value (other than "0.00") here, it will not be recalculated regardless of any changes made to the other three variables. If you enter "0.00" (or no value), the value of this field will be recalculated based on entries made to the other three variables.
This non-editable field displays the sum of all Funding Modifications Cost values for all modifications for the project shown above.
This non-editable field displays the sum of all funding modifications cost values for all modifications for the project shown above.
This non-editable field displays the sum of all Funding Modifications fee values for all modifications for the project shown above.
This non-editable field displays the sum of all Funding Modifications values for all modifications for the project shown above.
* A red asterisk denotes a required field.
Use the Unit Info subtask to enter details about funded units.
Use the Notes subtask to enter notes about each modification.
Use the Award Fee subtask to enter the award fee information for this project modification.
Changes to his screen update the PROJ_MOD (Project Modifications) table.