TM Project: create, import, calculate price, margin & amount saved
Creating a new TM Project
TM projects in TOM are related to projects/offers, and to be more exact, to individual sub-projects within these.
After creating a TM project you will find client name and details, language pair and base price readily inserted in the project (the same is true for a translator, if selected in the sub-project). The next step is the data import from your TM system. The following file formats can be imported:
The import result (including prices) is immediately displayed in a chart (to open the popup click ). If a translator has been selected for the sub-project before the import results will be automatically transferred to the translator section in the TM window.
Further processing of import results in TOM
Option: Calculate price by lines (instead of words)
TOM offers the option of converting the results into a Price by line scheme. This option can be preset in a client's profile. In order to calculate line prices three figures are required:
Option: Calculation as per 'weighted words' method
This method will re-calculate the number of words found in each match category rather than change the basic price according to the percentage given. Of course, the total price will be identical in both methods, leaving aside minor rounding differences.
There are at least two benefits in this:
1. You can keep using a fixed word price on your client invoices. This is in a way simple and straightforward to understand even for non-experts.
2. You get an adequate picture of how big the job actually is: Just think of a project with 10,000 words out of which 9,000 are a Context Match. The number 10,000 gives a false picture of the job volume. Weighted words, on the contrary might be just 1,000 (depending on percentages assigned).
Some general notes:
Refreshing prices, margin and savings
If you need to refresh the calculation after changing any of the parameters click to recalculate prices etc.
Copy total price to related sub-project
The simplest way to process the analysis result is to copy the total price to the related sub-project by clicking on . The figure is used as 'unit price' in the sub-project (with 'quantity' automatically set to '1'). As an additional information you could set the 'invoice basis' field to "as per TM analysis" (or similar).
Prices can be transferred separately for clients and translators.
Printing the analysis