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Per-use costs never depend on the amount of work done. Per-use cost – a one-time fee for the use of a resource, such as equipment.
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30$/hour) that is specified for a resource and the amount of work that is performed by that resource. Rate-based cost – a cost that is calculated based on the pay rate (ex.Project Plan 365 allows the user to enter the following types of costs for a project:
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You can determine how much it will cost to complete a task, as well as develop a cost history for future projects. As you create your schedule, you can develop "what-if" cost scenarios for your project by adjusting resources, and then reviewing the effect of changes on costs and your schedule. What is the total cost for this phase of the project?īy assigning costs to tasks and resources, you can use Project Plan 365 to monitor the cash flow of your project. How much will it cost to complete this task? What are the resource costs for the project? What are the resource costs for this task? When you assign costs to resources and tasks, you can also answer a variety of cost-related questions at any point in your project, such as: If you enter initial cost information for resources and tasks at the beginning of a project, you can predict the total cost of individual tasks, resources, phases, and the entire project. When a resource with a standard is assigned to a task, and the task takes more time than planned, the resource cost for the task can increase. A resource cost usually includes the resource's standard rates. Resource rates might be the hourly cost of workers or equipment needed to complete a task or the fixed cost per use for a piece of equipment. Press Enter.Īssigning rates to resources can help you manage project costs accurately. In the Cost/Use column for the resource name for which you want to change the per-use cost, type a new cost. If you want to change the fixed amount charged each time a resource unit is assigned to a task, from the View menu, choose Resource Sheet. Sometimes resource assignment costs include a per-use cost for items such as equipment costs, setup charges, delivery, or rental fees, in addition to a standard rate. In some cases, the success of a project may be measured by how closely the final project costs match the baseline costs. For example, cost considerations can determine how quickly tasks are accomplished, and how resources - equipment and workers - are used. For many project managers, the cost is an important aspect of project scheduling and control.