Averrouz has attended:
Project Intermediate course
Cost relation with project plan
How to solve the cost changes in the project plan when there's price different between the previous cost when we start the project and in the middle of the project?
RE: Cost relation with project plan
Hi Averrouz
If your cost rates change during the plan you can adjust your model as follows:
On the resource sheet (View > resource sheet) double click on a resource. In the dialogue box that appears click on the costs tab. You will see cost rate table A. Initially it will only have one row in it. The row begins with an effective date of -- meaning the rate applies from the beginning of the project.
In the next row down enter the date the cost for this resource changes. In the next cell enter the new standard rate or enter the % change and Project will calculate the new rate.
Repeat this for each affected resource and Project will apply the new rate after the date you specify.
Hope this helps. Let us know if you have any further questions.
Kind regards,
Andrew