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 …

Enter resources by using resource sheet

Enter resources by using resource sheet

To enter resources in your schedule, the best option is to enter the information in the resource sheet.  [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 resource sheet The resource sheet is one of the views that are organized around resource information. All (resource) views are easiest found by right-mouse-clicking the vertical grey bar left of …

Do not misuse constraints

Do not misuse constraints

Do not misuse constraints As constraints will limit the dynamicity, your challenge is to avoid these as much as possible – do not misuse constraints. In some cases though you will need them. Consider for instance the following situations: [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] Place the roof, once the supporting walls are …

Using the earned value management report

Using the earned value management report

Using the earned value management report In the reports tab, you find the earned value management report. We think this is very important and above all, very much appreciated by your manager. We also made it part of the Highlight Report you can find in our e-course Cost Management (Pro 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] The new term EAC is …

View duration of tasks vs. baseline

View duration of tasks vs. baseline

View duration of tasks vs. baseline In our e-course we’ve created a custom view to compare the Duration Tasks vs. the Baseline. In this view you can learn from your actual progress. The smileys will tell you how your duration is doing compared to the (current) baseline.  [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] 2c. …

Evaluating and optimizing your schedule

Evaluating and optimizing your schedule

Evaluating and optimizing your schedule You want to evaluate and optimize your schedule? When you evaluate the progress against the baseline you may have found that the new situation offers new challenges; for instance because you are warned by one or more Red Exclamation Marks in the first column of your schedule. This means that your updates have caused one of your milestones to pass its deadline, …