Cost table change event overview
Over the duration of a contract, there might be changes that affect the cost table that are used to calculate the cost data. When defining your software contract, you can specify the starting month for using a new, or modified, or a different cost table when calculating the cost data for use with the MLC Software Contract Reporting tool.
This change of cost table is known as a Cost Table change event.
Since the active cost table is used as a default to calculate the cost models used by the MLC Software Contract Reporting tool, changes to the cost table that will occur in the future can only be accounted for by adding a Cost Table change event, which overrides the default cost table.
Adding a Cost Table change event to your software contact does not affect the budget amounts of the contract. The MLC Software Contract Reporting tool uses the event to change the cost table that is used when calculating projected costs that occur on and after the starting month.
By specifying the Cost Table change event, you select the month to begin with using a different cost table, so your cost data remains in sync with any cost table changes that you know will occur in the future. When adding or modifying a software contract, use Cost Table change events to assign the appropriate cost table for calculating all cost data that occurs on and after the event.
If you do not specify a Cost Table change event, the MLC Software Contract Reporting tool uses the active cost table for the entire term of the contract when generating a report.
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