Price -  This is the amount you are charging your upstream partner (Owner). The change can be added to your Schedule of Values in Contracts as a lump sum (Total Change Request amount) or added to different line items on your SOV based on line item under "Prince" on your Change Request.  

Cost Estimate - Is the amount that you want to add to your estimate dollars. This is usually the amount that it will cost you to complete the work. You can post this amount as "pending" or "approved" depending on your workflow.

Vendor costs - Is the amount that you will be paying a lower stream partner. (Subcontractor / Supplier) This will only change your commitment value after the change order is issued and approved.  

We will be discussing Change Management in our weekly TUG PJ Web Ex in January. Email me for details on how to enroll.

thanks so much for the quick reply!  So, for me being the GC, should my overhead and fee be included in the "cost estimate" or should these costs be zero.  Therefore, for example, "price" is $1,050 going to subs + my overhead/fee/insurance brings the total "price" to upstream owner to $1,225.  Is my cost estimate also $1,225 or $1,050?

Is there a cheat sheet published somewhere out there for all different kinds of situations i.e. internal CR's not going to owners and only going to subs, deductive CR's going to owners, deductive internal CR's only going to subs, etc, etc?  I never know which items to fill in so that it reports correctly in the program.  No one seems to understand it at my company and I'd like to figure this out!  Also, what does hitting the "internal" check box do under details?  Are there examples out there I can reference?  Any help would be greatly appreciated!  

Each company is different and I can only speak for mine, we are also a GC but primarily do Construction Management.

We choose not to add estimate dollars for the OH & P.  We do add the appropriate estimate dollars for each of insurances that we collect.

I'm not aware of a "Cheat" sheet but possibly there is something on the HELP menu. I have my "Views" set up to aid in the Data Entry to help with the confusion of what goes where. Each company handles their INTERNAL changes differently. We choose a unique numbering system and mark the Internal check box. Each internal is also handled differently depending on how your estimate is set up and who is getting funds and who isn't.  

I would encourage you to join TUG (The Users Group for SAGE CRE & Estimating)  you can get information relating to our group at TUGWEB.COM.  We offer Project Management Web Ex's FREE to our members each Tuesday @ 12:00 CST.  We cover all PJ topics twice a year and will be doing Change Management again in January. If that isn't soon enough, we could take some time after our monthly forum to cover some things with you.