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D4COST POWER USER TIP #16
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Using a project division breakdown to distribute lump sum entries (working a project backwards).

Dear D4COST User:

From time to time you may be faced with the task of reducing the cost of a project (client request, value engineering reports, etc.). D4COST can help you work a project "backward" and generate a new division breakdown at your reduced cost.

The hardest part of the procedure is finding a similar project to use as your model. Find a project that best fits you needs. Copy the project to a new template and re-target the project to your time and location, adjust the square footage. Rebase the project before going any further.



Located at the bottom of the project is a text box containing the projected cost. Highlight the cost in the text box, enter your lump sum and instantly your building cost distributes the new dollar amount across the previously used divisions. Its that simple.

Special Note: Once the project has been created from a model you can re-enter new costs as often as you need. The only time you need to rebase the project is after you change the time and location.

Cordially,
D4COST Software
David Castelli
President

 
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