PlanIt Estimating · Commercial Tenders & Bills of Quantities
Value engineer an option by swapping products
What does this do?
Value engineering swaps a product on an option and shows the effect straight away: the client saving, your cost saving, gross profit and margin, plus the waste change once the roll optimiser reruns. Swaps come from your EPOS catalogue or a manual entry.
How to use it
- Open the tender and, on the Options tab, press Open on the option you want to engineer. This is usually a duplicate of the baseline, not the baseline itself.
- Press the ⚖ Value Eng. tab. If you opened the baseline, press Duplicate it as a VE option and work on the copy.
- Set your Margin floor %. PlanIt warns you if a swap takes the margin below it.
- For each flooring type, choose Swap to an alternative… from your catalogue and press Apply, or press Manual swap… to type a product and price.
- Press ▶ Re-calculate when asked so the optimiser reruns and the waste consequence is real.
- Read the cards: Client saving, Cost saving, Gross profit and Margin, each measured against the baseline. The component table shows baseline versus this option line by line.
- On a bill-priced option, swaps work per bill item and the summary shows the rate and margin movement instead of waste.
Questions this guide answers
- How do I show a cheaper alternative on a tender?
- What does value engineering do?
- How do I swap a product on a tender option?
- What is the margin floor?