Project 2013 Intermediate

Project 2013

Lesson 3 - Assigning Costs

Field

Description

Costs that remain constant regardless of a task’s duration or the resource assigned to it. Accrual method for calculating fixed costs. Prorated is the default, but you can also select Start or End .

Fixed Cost

Fixed Cost Accrual

Total Cost

Total scheduled cost for a task.

Baseline

Total costs planned for a task.

The difference between the baseline cost and the scheduled (total) cost. Once a project baseline has been saved, a negative variance number indicates that the cost is under budget and a positive variance number indicates the cost is over budget.

Variance

Actual

Total cost actually incurred for a task.

Remaining

Total costs that will be incurred to complete a task as scheduled.

Depending upon what point you are at in your project, some of these fields may not reflect cost information. For example, until you save a project baseline, the Baseline field will not display costs.

Viewing task costs

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