Price vs Scope Increases

Hi ​@Amy_Groves are you asking this in terms of looking back at historical information and reporting?

I probably should have clarified - looking at renewals, comparing last year contract to this year’s renewal - what is truly a price increase and what is a scope change.

​@Amy_Groves If i was just increasing the price, then I wouldn’t increase the time on the job, but would just key over the price to reflect the increase. If scope changes, then the time should also change. Often the scope isn’t changing but I change the time to better align with what historical data has shown it takes for scheduling purposes so that I can get understand the true estimated vs actual GP and see a labor efficiency that is more in line with where it should be. 

​@Amy_Groves I think scope change would be a difference in hours or materials quantities so you could compare them. A price increase without costs increasing would show a bigger GM. Increasing costs and it driving up prices would result in higher prices with the same GM. Not sure if this helps at all. 

​@swirtholg - was hoping there was a report that separated out the price increases.