For the system to know what part of the control estimate is contingency, separate work packages have to be marked as a contingency work package. This is done by marking the work package with the contingency flag (in the lower-right corner):
Figure 11: The Work Pack is marked as a Contingency Work Pack in the Work Packs Form
Note that it is not enough to simply name the work package “contingency”. It is the flag “contingency” that defines it as a contingency work package.
It is possible to define a planned contingency drawdown. This is done in the Contingency Management form:
Figure 12: Planned Contingency drawdown in the Contingency Management Form
You can either manually create the planned contingency drawdown by entering the values in the “Planned” column in the drawdown grid, or you can click on the “Generate Planned Contingency Drawdown” button in the toolbar. If so, you will be prompt for what standard profile to use.
The actual drawdown is automatically calculated when a change is registered, and the funds are transferred from (or to) the contingency work package.
The tab pages “Cost Transfers from Contingency” and “Cost Transfers to Contingency” will show detailed cost transfers registered in the Changes form, where the selected contingency work package is involved.