Change orders are an opportunity to increase a project's profitability.

Many contractors shy away from pricing change orders or extras and their tendency is to give work away. Of course the end result is diminishing profits. Instead, contractors should celebrate and welcome changes, and see them as an opportunity to increase the projects profitability.

The "Change Order" spreadsheet table eases the process of pricing extras and provides an easy breakdown that justifies the change order and its content.

You need to be cognizant that a change order may be time-sensitive, and change the project's schedule, by either lengthening or shortening the completion time. The "change order" toll will allow you to calculate the delay costs, so you can present your client with two options: either lengthen the time or pay for overtime.