Cost Loaded Schedule Template Software Programs

Andreas747 -Have you considered using Expense Cost resources for this purpose? If you have more than one category of costs incurred by tasks in the project, you can create one Expense Cost resource for each of those types of costs. You can then assign an Expense Costresource to each task in the project. After assigning the Cost resource to the task, you can then enter the expected cost in the Cost field for the Cost resource's assignment. As you status the project, you can then enter the actual costs in the Actual Costcolumn for the Cost resource's assignment as well. Do not forget to save a Baseline in the project before you begin entering progress, which will allow you to analyze cost variance along the way.

• Sample Cost Loaded Schedule
• Cost Loaded Schedule Template Software Programs For Windows 7

Just a thought. Hope this helps. Howard MVP. Thank you Dale (and Julie). I have assigned an expense cost resource to specific tasks and have entered the contractually agreed dollar amount to each task as a 'cost'. However, I have an issue when populating the 'actual cost' field. Let's say the taskis $10,000 and its duration is 10 days. 7 of those days are in January and 3 of those days are in February.

MSP spreads the dollars such that $7,000 will be in January and $3,000 in February. However, at the end of January the performing contractor invoicesfor only $6,000.

When I place $6,000 in the actual cost field MSP does not adjust the cost in February to $4,000. To equal the original $10,000 budget/cost for that task.So then, is there a way to cost load the schedule to accommodate the dynamic I'm describing? Hopefully, my example made sense.(Dale, I took a class you taught a few years ago and thoroughly enjoyed your instruction, attitude and approach.

I'm glad to see you are still actively involved.). Andreas747 -When you enter a value in the Actual Cost field, Microsoft Project spreads the cost evenly across the life of the task. After entering the Actual Cost value, you can manually entering the way the money was actually spent by adding the Actual Cost row tothe timephased grid in the Task Usage view, and then manually typing the way the money was spent (for example, $6,000 in January and $4,000) in February.

Sample Cost Loaded Schedule

This is called manually contouring the Actual Work values. Hope this helps. Howard MVP. I believe you are correct. There is% complete and physical% complete, which one to use, I'm not sure. The MSP manual does not necessarily spell it out. Then, if you are using percent complete, I believe you must make the resource not a cost resourcebut a work resource.

And even though I dont want to track cost in regards to peoples standard rate of x dollars per hour, I still need to set the standard rate to $1 per hour. It seems like there should be a simple solution to a simple objective, but, I stillhavent found it. Any other info you all can provide would be helpful. Thanks again.

Cost Loaded Schedule Template Software Programs For Windows 7

Yes, in the 'Task Form' window I see where 'remaining cost' is calculated for a particular task. However, is there a way to show that remaining cost in the 'Detail Styles' grid with MSP calculating the remaining cost appropriately through theremaining duration of that activity? And subsequently have MSP provide a report showing future monthly remaining costs for the project?Also, above, you mentioned that 'in order for Project to calculate remaining cost, you need to enter some sort of tracking - such as% complete'. Can you tell me where you were going with that?Thanks again for your time.