An introduction to cost management

An introduction to cost management

Cost management Many, many times we see that project timing and project resourcing are managed in MS Project, while project finances are kept in Excel. Using the financial governance capacilities in MS Project is often an unexploited area. This is a waste, because only adding rates to resources will already bring you half way. MS Project can calculate anything for you directly from your …

How to determine when costs are 'actual'?

How to determine when costs are ‘actual’?

In the Resource Sheet you will find the column Accrue At. With this you can determine when the costs will appear as actuals in your cost reports. For work resources for instance, the obligation to pay the expenses accrues when hours are worked. In this case, you would select the default option, which is Prorated. [divider] [action_call text=”Microsoft Project Introduction Course” button_url=”https://members.ms-project-elearning.com/vsl-order-form” button_text=”Purchase Now for …