The cost overview report in MS Project

The cost overview report in MS Project

Cost overview report in MS Project The Cost Overview Report in MS Project shows four areas with cost information about your project. [divider] [action_call text=”Microsoft Project Introduction Course” button_url=”https://members.ms-project-elearning.com/vsl-order-form” button_text=”Purchase Now for only 0.99 USD”] [divider] The upper left corner of the report shows the Forecasted Cost (‘Cost’); this is the actual cost + the remaining cost for the entire project. It also shows …

Resource usage vs. budget

Resource usage vs. budget

Resource usage vs. budget How the costs of the resources evolve (actual cost plus remaining cost) can be tracked using our custom view ‘Resource Usage vs Budget’. In this view, which you will only find in the template, you can see how your project’s resources are using the budget, per Budget Name (hours and materials): [divider] [action_call text=”Microsoft Project Introduction Course” button_url=”https://members.ms-project-elearning.com/vsl-order-form” button_text=”Purchase Now …

How to compare costs to the budget

How to compare costs to the budget

Compare costs to the budget With our custom view ‘Cost vs Budget‘ you can learn from your actual costs against budget. Note that we only have a budget on the Project Summary task, so for that reason only this task is displayed in this view. [divider] [action_call text=”Microsoft Project Introduction Course” button_url=”https://members.ms-project-elearning.com/vsl-order-form” button_text=”Purchase Now for only 0.99 USD”] [divider] Of course …

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 …

What are the PBS and WBS in MS Project?

What are the PBS and WBS in MS Project?

What are the PBS and WBS in MS Project? PBS (Product Breakdown Structure) In a meeting or a series of meetings, where you have all important experts and your (core) team members present, you start identifying all items that should be part of your project to deliver your main or end deliverable. This also includes ‘management deliverables’ such as documents you use …

How to compare costs to your baseline?

How to compare costs to your baseline?

I just wanted to tell you how you could create an easy view for cost tracking. This view is one of my favorites so this one we also have included in the template we give you in our e-course. [divider] [action_call text=”Microsoft Project Introduction Course” button_url=”https://members.ms-project-elearning.com/vsl-order-form” button_text=”Purchase Now for only 0.99 USD”] [divider] With this custom view, that we call Cost …

How to link tasks in MS Project?

How to link tasks in MS Project?

In MS Project there are several ways how to link tasks in MS Project. Actually, there are eight different ways, but we will show you only the three ways we prefer. [divider] [action_call text=”Microsoft Project Introduction Course” button_url=”https://members.ms-project-elearning.com/vsl-order-form” button_text=”Purchase Now for only 0.99 USD”] [divider] 3 methods for linking tasks These methods are also shown in the video below: Selecting the tasks you …

How MS Project uses cost management terms?

How MS Project uses cost management terms?

In MS Project are several cost management terms used: [divider] [action_call text=”Microsoft Project Introduction Course” button_url=”https://members.ms-project-elearning.com/vsl-order-form” button_text=”Purchase Now for only 0.99 USD”] [divider] Forecast: The projected cost for all past, current and future tasks. In other words: the predicted cost for the project. Actual: The costs that have already been made, or for which the obligation to pay is already made Remaining: All …