This Microsoft Project tutorial includes performing a comparison between budget to planned costs, as well as work. This video also covers variances and formatting of the comparison information.
- In our Finance Upgrade project we've now allocated…all of our budget resources…and our expense resources at the appropriate levels.…We want to analyze that data…so we're going to do a little bit more with…this particular resource usage view that we've customized.…We're going to go to the group by drop down…and select new group by.…Since we'd like to look at this by the cost type…we'll name our view by cost type…and in the field area we'll select our…custom cost type field.…
Now out of the box it puts a cell background…of a yellow color.…Since we want it to be a little attractive for the screen…we'll change that to a nice blue.…We'll also like to have a sub-grouping on…this particular view by our group that management's…been interested in.…That meaning the labor, the software, the hardware…and the training.…So we're going to sub-group this by the group field.…Now we'll keep that lighter blue color…so this will give us sort of two-toned blue options.…
Now we'll press apply for that.…And since we want to analyze additional columns…
Note: This course was designed in collaboration with author Bonnie Biafore.
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- Setting up budget resource costs
- Setting up rate tables
- Creating budget resources
- Entering values for budget cost and work and expense resources
- Comparing costs to budget values
- Reviewing costs
- Managing and reducing project costs
- Adding actual costs