Fresh Projects

00:00: The project or sub project fee can be calculated using the Cost Plus

00:04: calculator which would allow you to consider the costs set up in the Budget previously

00:08: before establishing the fee.

00:11: Begin by opening the project and navigating to the Budget and Fee section.

00:16: Click "Settings" to access the configuration options for your project.

00:20: Click "Sub-Project" to calculate your Fee at a Sub-Project Level. Or click "Project" to

00:25: calculate your fee at a Project Level.

00:28: Click "Done" to confirm your sub-project selection and proceed.

00:32: Now, click anywhere that has a pencil icon beneath the Fee column.

00:36: This will either be the total fee value directly beneath the Fee column, or the fee

00:41: value for a specific stage, depending on whether you want to calculate the fee at a

00:45: project level or sub-project level.

00:48: In the Fee Calculation pop-up window, set the Calculator to Cost Plus.

00:54: Now click "Reload from Live to bring forward the cost of the project or sub

00:58: project set up in the Budget previously.

01:01: Then, enter the Contingency and Markup as either a percent of Cost or a Lump Sum and

01:05: enter the values respectively.

01:07: Click "Done" to save the Fee.

01:10: Once back in the Budget and Fee section, you will be able to see the fee

01:13: you just calculated. If you are calculating the fee on a sub-project level, you can go

01:18: ahead and set the Cost Plus fee for any other sub-projects as needed.

01:23: Click "Save" to save all changes to your Fee.

01:26: You have now successfully configured the fee using the Cost Plus Calculator.