Use this activity to enter the impact the contract change order will cause on cost/revenue, risk, schedule, scope and other areas.
Note: The financial impact can be entered in two tabs, depending on whether the contract change order is connected to a project or not. The financial impact for a contract change order which is not connected to a project in the header, is entered in the Financial – This Order tab of the Contract Change Order (which is described in this activity). If the contract change order is connected to a project then the financial impact should be entered in the Change Order Forecast page instead. The Change Order Forecast page allows the same advanced functionality as when the forecast lines are entered in a project budget or forecast e.g. using WBS/CBS structure, multi-currency, spreading etc. The cost or revenue will also be summarized per cost element and displayed in the Financial - This Order tab.