|Update MS Project With Variable Cost Information|
Variable Resource List
Most projects have variable costs. These are costs that change with the amount of work being done. These are commonly seen as dollar per hour costs. Most of your resources will be dollar per hour costs. Follow the below steps to enter this data.
Resource Variable Cost List Instructions for Microsoft 2010Using this information, go back into the Resource Sheet to update the hourly rate for each resource.
- Click on the View tab. Click on theResource Sheeticon undertheResource Viewssection.The resource sheet icon is the middle icon on the right of this view with two heads. Check to make sure the Type field isWorkand enter the dollar amount above for the hourly rate for each resource in the Std. Rate column.
- To access various reports with cost and other information select Reports under the Project tab.
Resource Variable Cost List Instructions for Microsoft 2007
Using this information, go back into the Resource Sheet to update the hourly rate for each resource.
- Click on View, Resource Sheet, and enter the standard rate for each role. This will default to $/hour.