The Fee Estimator is one of the core elements of your CMAP projects and something I am sure you will be familiar with seeing and using often.
Following some significant client feedback, we are working on some improvements and new functionality in this area and we wanted to give you a 'heads-up' on what's to come.
We expect that these upgrades will go live during w/c 12th February and we'll update you again when they are launched.
Firstly we are making some improvements to the Fee Estimator tool:
- To add a new workstage, you'll see a simple 'Add Your First Workstage' button rather than the empty editable line which was there before. Making it a little clearer for you to see how and where to add new workstages to the project, without any extra clicks. Nice and simple!
- We are also updating one of the header names in the Fee Plan section, as we found that the new language works better universally. Profit Target % will be updated to Retention Target %
- We're updating the calculation for the Profit Estimate %. Previously this would inflate profit estimate percentages if you had used the Resource Profile for some but not all stages of a project. We're changing it so that the Profit % is only calculated on the stages which have a Resource Profile built against them.
So these changes won't be hugely different to what you are used to seeing now, but they do mean that we have been able to work on something else which is pretty exciting too!
For a while now, our CMAP AEC Community have been asking us if there is a way that they can split project workstages down to another level i.e task level or what we would term 'work item' level.
For example, you may split the workstage 'Preparation & Brief' into:
- Initial Project Brief
- Feasibilty Studies
- Risk Assessment
- Assemble Project Team
This would mean you could budget on a more detailed level and that time could be booked to individual work items as opposed to the whole stage. The only way to do this previously would be to add multiple workstages to projects, which didn't quite fit the bill.
We are now creating the ability to split out your workstages into this 'work item' detail if you would like to.
If you want to continue building your Fee Estimator in the current (simple) way, that's absolutley fine. When you click into a new or existing Fee Estimator, everything will work in exactly the same way as you are used to.
However, if you wanted to have a look at creating a detailed Fee Estimator, you'll simply click into the Actions menu and select the 'Change to Detailed Fee Estimator' option. The Fee Estimator will update and you will be able to add new workstages & also work items within these stages too. You'll notice that there is now an 'Add a Work Item' button underneath each stage.
These work items will be available to budget against, i.e. in your Fee Plan & Resource Profile on the Fee Estimator page and they will also be visible for selection in timesheets when users come to book time to the project.
Areas which will not be broken down into the new work item level will be the Resource Schedule and the Invoicing Schedules.
If you want to go back to the simple version of the Fee Estimator, you'll simply be able to go back into the Actions menu to flip it back.
We really hope that you find this new addition useful when it goes live, but as I mentioned, if it's not an immediate requirement for you, that's fine too. Just remember that it's waiting in the wings should you ever need to use it.