Costs of people

Resolved · High Priority · Version 2010

Thu 21 Mar 2013, 16:59 Delegate Michelle said...

Michelle has attended:
Project Intermediate course

Costs of people

The trick of putting £1 into people's costs rather than having people's daily rates or if they are salaried and therefore you don't have costs for them. This we were told is a good trick to use but didn't get a chance to see this in action

Mon 25 Mar 2013, 10:22 Trainer Andrew said...

RE: Costs of people

Hi Michelle

Thank you for your question. Yes setting the rate for a Work resource to either 1/d or 1/h can be very handy when you don't know the rates for the resources (or using real numbers could be politically sensitive). Using notional rates means MS Project will generate costs which will get included in your baseline.

The advantage is that when it comes to viewing variance you can measure cost increases/decreases as well as time.

If you do have the real rates in Excel you could multiply the project notional totals by the real rates to get a better indication of the costs for the project.

I hope this helps - do let me know if you have any further questions.

Kind regards,
Andrew

Mon 1 Apr 2013: Automatically marked as resolved.

MS Project tip:

Email a Task

When you need to communicate important information to your project staff use Microsoft Project 2003 to send them a note using outlook or an e-mail system.

1.In a task sheet, select the task or tasks which you want to send a project note.

2.On the File menu, point to Send To, and then select Mail Recipient (as Schedule Note).

3.Under Address message to, select the recipients of your note.

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Costs of people

Costs of people

RE: Costs of people

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MS Project tip:

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