Single-Tier Change Management: Releasing Costs Only

In some cases, you may want to release the cost part of the change order before the project owner formally approves the revenue part so that project work can stay on schedule.

To do this, you click Release Costs Only on the More menu of the Change Orders (PM308000) form. For the cost budget lines, the system:

• Moves amounts and quantities from the Potential CO Amount and Potential CO Quantity columns to the Budgeted CO Amount and Budgeted CO Quantity columns for the affected cost budget lines on the Projects (PM301000) form
• If commitment lines have been specified on the Commitments tab of the Change Orders form, does one of these:
  • Adds a line associated with the project and project task to the new commitment document
  • Updates an existing commitment line associated with the project and project task
• Changes the status of the change order to Cost Budget Released