Cost Projections Setup

The Cost Projection Setup is highly customizable and located in Admin Settings. Cost Types and Job Departments data are imported from accounting systems (Vista, Spectrum, etc) and stored. The settings created here will transfer over to Jobsite>Projections. To access this setup, navigate to ‘Admin’ on the top navigation bar and select ‘Projection Setup’ from the drop down menu. Here, users will find:

• Cost Types

• Job Departments

• Projection Categories

Projection Categories

Purpose: This is where customization is key. Projection Categories allow high-level users to create tabs on the Jobsite > Cost Projections page for the purpose of splitting out the budget codes by Cost Types and customizing what is available to view on each tab. 

How-To: Select ‘Add New’ to create a category and assign it to a Template from the drop-down menu (Cost, Summary, Revenue, Contract Items) and click ‘Create.’

When all the descriptions have been created, select 'Change Order Display’ to click and drag each one to preference. Once the Display Order is organized and saved, click into each Description for additional settings and customization.  

Templates and Their Settings

• Summary- If this Projection Category exists, it will show Cost Projection summary information and KPIs. Make a Projection Category with this name, assign it to a configurable tab,  or enable/disable visibility.

• Revenue- If this Projection Category exists, it will show:

  • A breakdown of Job revenue by Job Department and a field to enter Potential Revenue Additions. 

  • A list of approved change orders on the Job and their amounts.

  • A section at the bottom for Notices to Proceed / Potential Change Order

    • Users can add any records here that are not yet change orders if they need to.

    • Any of these records can be included in the cost projections revenue/cost amounts by checking the ‘Include In Projection’ checkbox.

• Cost- The cost template includes the projected costs per category and can include description names like production, staff, labor, equipment, subcontractors, materials, etc..)

  • Users can change general settings, column settings, or names of cost types and budget groups.

• Contract Items- This template will show Revenue Items from the contract and will not affect users at all until a new category with a Contract Items template is created.

Additional Notes for Users:

• Within cost projections a modal can't be dismissed when the older and newer versions are out of sync. The system will check every 5 minutes and when a user navigates between tabs.

• Upon submission there will be a "snapshot" taken of the data on the cost projection for historical reference.

• When a projection has already been initialized for a selected date, more options will be available. 

• Only Tenant Admins and JC Department Admins can un-submit Cost Projections.

For more information on Jobsite Projections please visit the article here: Jobsite Projections

For more information on Labor Projections visit this article: Labor Projections