Project 2016 Intermediate

Project 2016

Lesson - Assigning Costs

Steps

Practice Data

7. Select OK .

Click

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Adds the cost for the Permit to the Task Form.

Practice the Concept: Select the 26 Initial Electricity task and assign the Permits resource with a new cost of $200 . Again, notice that the duration of the task did not change.

Remove the split.

V IEWING R ESOURCE C OSTS

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Discussion

View cost information for each resource using the Resource Usage view with the Cost table applied. The columns that appear are Cost , Baseline Cost , Variance , Actual Cost , and Remaining . The following table describes each column in detail:

Column

Description

Cost

Total cost for a resource for all assignments.

Baseline Cost

Total costs planned for a resource for all assignments.

Variance

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

Actual Cost

Total cost for the work already performed.

Total costs incurred by completing the work that is not finished.

Remaining

Depending on the point in your project, some of these fields may not reflect cost information. For example, until you save a project baseline, the Baseline Cost field does not display costs.

You can print any table in a view. To print the table only, drag the vertical split bar to the right to hide the timeline. If you are printing a usage view, such as the Resource

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