Change orders to contract metric
Determines the percentage of a contract that is composed of change orders. In addition, related data shows the effect that potential change orders might contribute as a percentage of contract.
- Name
- Change Orders to Contract
- Category
- Financial
- Analysis objective
- When change orders make up a significant percent of the overall contract, project managers need to determine why and act, especially if it is trending upward.
- Description
- Identifies how much of a project’s budget is composed of change orders, as a percent of the original contract.
- Source
- Customer Focus Group
- Measurement
- Total Contract Change Order Amount / Contract Original Commitment
- Dependent data that is calculated
- Total Contract Change Order Amount = Sum of the “Change Amount” on each change order per contract
- Contract Original Commitment = On the Contract General page, Summary section, A. Original Commitment amount.
- Roles
- PR Manager
- PR Executive
- Display chart types
- Score-based: Horizontal Stacked Bar Chart
- Thresholds
- Low Threshold: .1 (10%)
- High Threshold: .2 (20%)
- Range 1: Good/Positive/Green
- Range 2: Under Performing/Caution/Yellow
- Range 3: Poor/Negative/Red
- Fact details
- Module: triMetricFactBusiness Object: triCapitalProjectContractFact
Metric Queries: triCapitalProjectContractFact – Metric – Change Order to Contract (Score)
- Drill paths
- Program
- Project
- Vendor
- Capture Period
- Interactive filters
- Geography
- Organization
- Vendor
- Static filters
- Active projects
- Time
- Months
- Data point refresh rate
- Monthly