![]() Notice that I assigned Sarah Baker to the Build and Rebuild tasks in the project. In the Task Usage view of my project shown in Figure 5, you can see the impact of the cost rate change on one task that starts before October 1 and another task that starts after October 1. In our first example, I applied a cost rate increase for Sarah Baker, effective on October 1. Click the OK button to close the Resource Information Notice that Cost Rate Table A displays the Standard Rate, Overtime Rate, and Cost/Use values which I entered previously for Sarah Baker in the Resource Sheet view of the project.įigure 4: Cost Rate Table B rates for testing workģ. Notice that the software includes five Cost Rate Tables, labeled A (Default), B, C, D, and E. In the middle of the dialog, notice that Microsoft Project displays the Cost Rate Tables for this resource. Figure 1 shows the Costs page of the Resource Information dialog for a resource named Sarah Baker. In the Resource Information dialog for the selected resource, click the Costs tab. To enter custom cost information for the resource, double-click the name of the resource. In this blog post article, I will show you how to set up the Cost Rate Tables for a resource and how to apply the correct Cost Rate Table rates after assigning the resource to tasks.īefore you enter information in the Cost Rate Tables for a resource, enter the basic cost rate information for the resource in the Standard Rate, Overtime Rate, and Cost/Use columns in the Resource Sheet view of your project. To address the two scenarios described above, you will need to use the built-in resource Cost Rate Tables in Microsoft Project. The resource needs to be billed (or costed) at different cost rates depending on the type of task work the resource performs in the project.There will be a change in the resource’s Standard Rate and Overtime Rate in the middle of the project.As you enter these resource rates, however, you may discover that these two rates are not enough for your project costing needs. At a minimum, your organization may require you to enter resource cost rates in the Standard Rate and Overtime Rate fields for each resource. While you perform resource planning in your projects by adding resources to your project team in the Resource Sheet view, you may need to enter basic and custom cost information for those resources. Project Portfolio Management (PPM) Training.Project Management Office (PMO) Training.Enterprise Project Management (EPM) Training.Project Management Certification Training.Savings accounts are often daily compounding. If a period is a year then annually=1, quarterly=4, monthly=12, daily = 365, etc. Also called the Annual Percentage Yield (APY) Compounding is the number of times compounding occurs per period. ![]() Interest Rate (APY) This is the annual interest rate or "stated rate" for your savings account. Deposit Amount How much will you be depositing on a regular basis? Deposit Frequency How often will you be making deposits into your savings account? Deposit at Period beginning or end for a monthly deposit example, will you making deposits at the beginning or end of each month? For how long? How far into the future will you be making these deposits? This is the moment in time where the value of your account will be calculated. Starting Balance The balance in your account that you are starting with, if any. ![]() To calculate for a savings account where you make deposits and withdrawls, use With a starting balance and regular deposits, how much can you save? Calculates the future value of your savings account.
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