Variations need revenue, direct cost, flow-on cost and timing visibility. Otherwise the project can show additional contract value while the actual margin on the change is unclear.
What the client has formally approved or what the contract supports as recoverable.
Trade, material, labour, supervision and other cost required to complete the changed scope.
The expected contribution after associated cost is recognised in the forecast.
Capture the changed scope and contractual basis.
Build the expected cost and recovery before approval where possible.
Separate approved, pending and rejected positions.
Reflect both the revenue and cost effect in the current project outcome.
If a drawing revision changes measurable residential scope, MeasureBuild can support the quantity review before the variation is priced and forecast.