Modifications Subtask

Use this subtask of the Manage Alternate Project Revenue Profiles screen to override the production values of the modifications for signed and funded values of the project.

You can also mark existing records for deletion, add new modifications to the project, and move modifications up or down a project tree.

Override values will be used only in the alternate database and will not replace the values in the production database. Removal and addition of records will also occur only in the alternate database.

You cannot edit the Production Value fields on this subtask. You can only modify the Alternate Profile Override fields, but these are not required. You should enter values in the Alternate Profile Override fields only when they are different from the production values and for new records.

Modification

This table includes information about Modification settings.

Field Description
Modification ID

This field displays the modification ID.

For new records, enter the alternate profile modification ID in this field or leave it blank for auto-numbering. In auto-numbering, Costpoint provides a default of the last modification number for the project plus one.

Description

This field displays the description of the modification number.

For new records, enter, or click to select, the alternate profile description of the modification. If the Validate Modification Descriptions check box is not selected on the Projects tab of the Configure Project Settings screen, you can enter any description in this field. If this check box is selected, you can enter or select only modification descriptions that are set up and marked as Active on the Manage Modification Descriptions screen.

Even if the validation is turned on and the description does not exist in Manage Modification Descriptions, Costpoint retains any description used on previously saved records as long as the description itself is not edited on a record. Once you edited that description with the validation in place, you will not be able to save the record unless you select a replacement description that exists in Manage Modification Descriptions.

Note: If validation is on, make sure that you enter a description exactly as how it appears in Manage Modification Descriptions, including the case used. For example, if INITIAL exists and is marked Active in Manage Modification Descriptions and you enter Initial in this field, Costpoint considers this as invalid and displays an error message.
Effective Date

This field displays the effective date or date on which the modification was issued for the project.

For new records, the value in this field depends on the selected option in the Modifications Effective Date drop-down list on the Projects tab of the Configure Project Settings screen:

  • If Default System Date is selected, the current date defaults in this field, but can be modified.
  • If User Must Enter Date is selected, this field is blank. You must enter, or click to select, a date before you can save the record.

Costpoint uses this date in determining ceiling amounts when Compute Revenue is run.

Delete this modification for Alternate Revenue Profile

Select this check box to delete this modification record in the alternate revenue profile.

Record Status

This field displays the status of this modification. For modifications that have not yet been modified, this field is blank. For new records or those that have already been updated, this field displays one the following statuses:

  • Override: This indicates that this record contains override values.
  • Delete: This indicates that this record has been marked for deletion.
  • New: This indicates that this is a new record.
  • Subtask Only: This indicates that this record is saved without changes or it contains data only on this subtask's subtask.

Start Date

This table includes information about Start Date settings.

Field Description
Production Value

This field displays the production value of this modification's period of performance start date.

Alternate Profile Override

Enter, or click to select, the alternate profile period of performance start date override for this modification.

End Date

This table includes information about End Date settings.

Field Description
Production Value

This field displays the production value of this modification's period of performance end date.

Alternate Profile Override

Enter, or click to select, the alternate profile period of performance end date override for this modification.

Total Value

This table includes information about Modification settings.

Field Description
Production Value

This field displays the production value of this modification's total signed value for the project.

Alternate Profile Override

Enter the alternate profile total signed value override for this modification. If you enter any value here, Costpoint automatically calculates the Value Cost, Value Fee, and Value Fee % override fields. If you enter a value other than the production value, Costpoint retains Value Fee % and recalculates the Value Cost and Value Fee override amounts.

Value Cost

This table includes information about Value Cost settings.

Field Description
Production Value

This field displays the production value of this modification's signed value for cost for the project.

Alternate Profile Override

Enter the alternate profile signed value for cost override for this modification. If you enter any value here, Costpoint automatically calculates the Total Value, Value Fee, and Value Fee % override fields. It is recommended that you first enter an amount in the Total Value override field before entering the desired signed value for cost override; otherwise, Total Value override displays 0.00 and you will have negative Value Fee and Value Fee % override values.

Value Fee

This table includes information about Value Fee settings.

Field Description
Production Value

This field displays the production value of this modification's signed value for fee for the project.

Alternate Profile Override

Enter the alternate profile signed value for fee override for this modification. If you enter any value here, Costpoint automatically calculates the Total Value, Value Cost, and Value Fee % override fields. It is recommended that you first enter an amount in the Total Value override field before entering the desired signed value for fee override; otherwise, Total Value override displays 0.00 and you will have negative Value Cost and Value Fee % override values.

Value Fee %

This table includes information about Value Fee % settings.

Field Description
Production Value

This field displays the production value of this modification's signed value fee % for the project.

Alternate Profile Override

Enter the alternate profile signed value fee % override for this modification. You must first enter an amount in the Total Value override field before you can enter the desired signed value fee % override. Costpoint then calculates the Value Cost and Value Fee amounts accordingly.

Total Funded

This table includes information about Total Funded settings.

Field Description
Production Value

This field displays the production value of this modification's total funded value for the project.

Alternate Profile Override

Enter the alternate profile total funded value override for this modification. If you enter any value here, Costpoint automatically calculates the Funded Cost, Funded Fee, and Funded Fee % override fields. If you enter a value other than the production value, Costpoint retains Funded Fee % and recalculates the Funded Cost and Funded Fee override amounts.

Funded Cost

This table includes information about Funded Cost settings.

Field Description
Production Value

This field displays the production value of this modification's funded value for cost for the project.

Alternate Profile Override

Enter the alternate profile funded value for cost override for this modification. If you enter any value here, Costpoint automatically calculates the Total Funded, Funded Fee, and Funded Fee % override fields. It is recommended that you first enter an amount in the Total Funded override field before entering the desired funded value for cost override; otherwise, Total Funded override displays 0.00 and you will have negative Funded Fee and Funded Fee % override values.

Funded Fee

This table includes information about Funded Fee settings.

Field Description
Production Value

This field displays the production value of this modification's funded value for fee for the project.

Alternate Profile Override

Enter the alternate profile funded value for fee override for this modification. If you enter any value here, Costpoint automatically calculates the Total Funded, Funded Cost, and Funded Fee % override fields. It is recommended that you first enter an amount in the Total Funded override field before entering the desired funded value for fee override; otherwise, Total Funded override displays 0.00 and you will have negative Funded Cost and Funded Fee % override values.

Funded Fee %

This table includes information about Funded Fee % settings.

Field Description
Production Value

This field displays the production value of this modification's funded value fee % for the project.

Alternate Profile Override

Enter the alternate profile funded value fee % override for this modification. You must first enter an amount in the Total Funded override field before you can enter the desired funded value fee % override. Costpoint then calculates the Funded Cost and Funded Fee amounts accordingly.

Subtask

Subtask Description
Award Fee Click this link to open the Award Fee subtask where you can override the information on award fees for this project modification, and delete or add award fee records to this project modification.