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jasondimass

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Hi All, I am just after a little advice re MS Project.

In fact I have 2 issues. The first is that I would like to add a custom cost field on the resource sheet. I currently have a standard rate field, and an overtime field. I have inserted a column and selected various different one, but to no avail. What I want to do is use the standard rate as the resource cost to my company, and have a second rate at which I charge a customer. For example in a consultancy role, my internal cost may be £100, but I may sell a days consultancy at £400.

Another issue I am currently having is that I have recently attended a training course (I was obvioulsy not aware of these issue prior to the course!!!), and one of the instruction step by step sheets ask me to open a new project, click the Project Guide toolbar, and click the tasks button (which I CAN find), but it then asks me to select 'Define the Project' link, which I do not have avaialble. I am wondering whether I have some defualt settings set incorrectly. The next step it asks for is to select a date, then at the bottom of the 'SAVE YOUR PROJECT SIDE PANE' click SAVE AND GOTO STEP 2. Again, I do not see this Save side pane, and have done several help searches to no avail!
 
Costing in Project can be a complicated process. You are trying to maintain both cost and price - the system is not built to do both. However, here is an idea that could help you out. First, use Standard cost as your rate per hour for your internal value. Keep in mind that if this is applied to a work resource, the value will be number of hours of planned work times the standard cost field value.

On the task cost sheet, created a custom cost field with a calculation that will multiply the value of the task cost field times a multiplier that will reflect your mark up. You will then have a field that will give you the resource cost per task no matter how many resources you apply to a task. You could also enter in the task fixed cost field any extra costs for a task at your internal cost rate and it will also be included in your marked up value.

Good luck
E Lehnert, PMP - Certified MS Project Trainer
 
Costing in Project can be a complicated process. You are trying to maintain both cost and price - the system is not built to do both. However, here is an idea that could help you out. First, use Standard cost as your rate per hour for your internal value. Keep in mind that if this is applied to a work resource, the value will be number of hours of planned work times the standard cost field value.

On the task cost sheet, created a custom cost field with a calculation that will multiply the value of the task cost field times a multiplier that will reflect your mark up. You will then have a field that will give you the resource cost per task no matter how many resources you apply to a task. You could also enter in the task fixed cost field any extra costs for a task at your internal cost rate and it will also be included in your marked up value.

Good luck
E Lehnert, PMP - Certified MS Project Trainer
 
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