This video includes an explanation on resource rate modifications using the five rate tables. Learn how Microsoft Project uses those rates to calculate resource raise increases and activation dates.
- Now that we've imported all our resources…into Microsoft Project, we can analyze additional…information about each and every resource.…I'm going to take Steve Rouder here,…because he's going to get an increase.…I want to modify his rate table as of a certain date,…so I'm going to right click on Steve,…and select Information.…On the Information dialogue box,…I can go to the Cost tab, and I can provide him…a rate increase as of January 1st, 2016.…
Let's say he's going to get a 5% increase,…and Microsoft Project will calculate that increase for him.…Now I have five rate tables that I can select from…as I implement cost data on a given task.…The default one is Table A,…but I could use B, C, D, or E for other rate tables…depending on how I wanted that impacted.…I'll press OK.…Also, on my Resource Sheet, you can see that I have…some generic resources as I hover over those resources,…and these are labor resources, and they'll be…expense resources, and I also have budget resources…using the Budget flag, and lastly, I even have changed…
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