Join Bonnie Biafore for an in-depth discussion in this video Editing resource costs manually, part of Advanced Microsoft Project.
- Project automatically calculates…labor and material costs based on the…resource rates you use and the assignments you make.…That's almost always the way to go.…What if Project's calculated costs…don't reflect the real costs?…A little known Project option lets you…manually enter actual costs while work is in progress.…Here we have the Gantt Chart in the top half of the screen,…and in the Details pane, the Task Form.…Because we're looking at cost,…I want to apply the Cost Table to the Task Form.…
I right-click, and choose Cost,…and that displays the Cost Table.…Well let's just start with…the first task in this project,…the "Design interview."…When I click that in the table,…now I can see the assignments in the Task Form.…The Architect is assigned,…and there's a cost of $1,000.…I'm going to change % Complete to 50%.…So, in the Task Form,…in the % Complete field, I type 50, and then click OK.…
When I do that, Project calculates the cost.…The scheduled cost for the task is $1,000 for the architect.…If it's 50% complete, Project says,…
Author
Bonnie Biafore
Updated
11/5/2015Released
5/14/2015Viewers will then learn how to customize fields and generate cool graphical and visual reports. Finally, the course shows how to share various customizations and configurations as well as best practices for managing multiple projects.
- Recalculating duration, work, and units for assignment changes
- Adding, removing, and replacing resources
- Defining part-time resources
- Setting cost rates
- Accounting for overtime costs
- Working with earned value
- Exchanging data with other programs
- Customizing fields and reports
- Sharing customizations
- Sharing resources and linking tasks between projects
Skill Level Intermediate
Duration
Views
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Introduction
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Welcome2m 1s
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1. Options for Opening and Saving Project Files
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2. Mastering Resource Assignments
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Keeping task duration fixed3m 26s
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Maintaining total task work3m 33s
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3. Managing Project Costs
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4. Working with Earned Value
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5. Exchanging Data with Other Programs
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Hyperlinking in Project6m 3s
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6. Customizing Fields
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Understanding custom fields3m 32s
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Naming a custom field2m 35s
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7. Customizing Graphical Reports
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8. Customizing Visual Reports
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9. Sharing Customizations
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10. Working with Multiple Projects
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Creating a master project4m 32s
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Conclusion
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Goodbye1m
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Video: Editing resource costs manually