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Purpose. A change order is work that is added to or deleted from the original scope of work of a contract. Depending on the magnitude of the change, it may or may not alter the original contract amount and/or completion date. A change order may force a new project to handle significant changes to the current project.
Engineering change order. An engineering change order ( ECO ), also called an engineering change notice ( ECN ), engineering change ( EC ), or engineering release notice ( ERN ), is an artifact used to implement changes to components or end products. The ECO is utilized to control and coordinate changes to product designs that evolve over time.
In more complex projects, problems will arise that are not foreseen in the original contract, and so other legal construction forms are subsequently used, such as change orders, lien waivers, and addenda. In construction projects, besides other projects where a schedule is being used to plan work, delays are likely to happen all the time.
Schedule of values. A Schedule of Values (SOV) is a detailed schedule apportioning the original contract sum and all change orders, among all cost code divisions or portions of the work. The Schedule of Values shall be based on the approved budget or the approved Fixed Price, or GMP, Cost-Plus Contract type as applicable.
EO, ECO, ECN. engineering order. An order from the engineering department (to be followed by the production department or vendor) overriding/superseding a detail on the drawing, which gets superseded with revised information. Also called by various other names, such as engineering change order (ECO), engineering change notice (ECN), drawing ...
Construction cost management is a fee-based service in which the construction manager (CM) is responsible exclusively to the owner, acting in the owner's interests at every stage of the project. The construction manager offers impartial advice on matters such as: Optimum use of available funds.
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