Terminology
To reduce confusion and allow ultimate flexibility, you can change terminology throughout a Join project from the Terminology section of the project Settings page. This will apply everywhere the term is used on a project. For example, you may want to change the term "Budget" to “Target Value” or “Target Budget”. The full list of terminology that can be edited includes the following:
- Estimate - The original baseline estimate for the project in any given milestone. Items are considered as changes relative to this baseline estimate.
- Budget - The target budget amount allocated for the project.
- Delta - The difference between the budget and the estimate: negative if the estimate is over budget, positive if under.
- Running Total - The estimate plus any accepted items: represents the real-time project costs.
- Gap - The difference between the budget and the running total: represents the amount of change still needed to meet the budget.
- Direct Costs - Cost of materials, labor, equipment, etc. Included in subtotals "without markups".
- Markups - Indirect below-the-line costs.
- Cost of Construction - All costs of a project excluding Owner Costs, should exist.
- Project Total - All costs of a project, including Owner Costs.
- Project Running Total - Running Total that includes Owner Costs.
Changing Terminology
To change the terminology on a project, follow the steps below:
- Navigate to the Settings page and scroll down to the Terminology section.
- Edit the Name that you want to change.
- Press Enter, or click out of the name field for the change to take effect.
Resetting Terminology
To reset the terminology back to the default value after editing it, follow the steps below:
- Click the Reset to "[default term]" button to the right of the term you want to reset.
Tip: This is most effective when set up at the beginning of the project to eliminate confusion from differences in terminology.