Project 2013 Intermediate

Project 2013

Lesson 3 - Assigning Costs

The standard rate for a material resource is the rate per unit of measurement. The unit of measurement, such as tons, should be entered into the Material Label field. When you enter this rate, you simply type the number, such as 20 for $20 per yards, gallons, etc. For example, if you entered Paint as a material resource and entered gallons in the Material Label field, the rate you enter in the Std. Rate field is the price per gallon of paint. Therefore, if you enter $10 in the Std. Rate field, the rate is $10 per gallon.

Assigning standard rates to work resources

NOTE By default, the Std. Rate field is formatted for currency. You can change the formatting using the View page in the Options dialog box. To open this dialog box, select the File tab and then select the Options command.

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Procedures

1. Switch to the Resource Sheet view.

2. Select the Std. Rate field for the desired resource.

3. Enter the rate and if applicable, include a forward slash (/) and the unit of time.

4. Press [Enter] .

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