material cost changes during
The UK's Number 1 for Microsoft Office Training Add this page to your favourites/bookmarksBookmark page
 
View printable version of pagePrintable version
Plus One Google
Customer: Sign in
Delegate: Sign in
Trainer: Log in

Forum home » Delegate support and help forum » Microsoft Project Training and help » Material Cost changes during Project Execution

Material Cost changes during Project Execution

resolvedResolved · Urgent Priority · Version 2003

replyReply Tue 15 Sep 2009, 18:20Delegate Paul said...

Paul has attended:
Project Intro Intermediate course
Excel Advanced course

Material Cost changes during Project Execution

How do you account for changes to material resource costs during project execution? As an example if I build a house on the assumption that I am paying £100 per cubic metre of cement and the actual cost is £200 per cubic metre, how does MS Project track that change against the baseline?
thanks

Paul

For upcoming training course dates see: Pricing & availability

replyReply Wed 16 Sep 2009, 10:45Trainer Andrew said...

RE: Material Cost changes during Project Execution

Hi Paul

Thank you for your question.

If the rate for the material is changed MS Project applies the new rate across the whole project, including work that has already taken place.

If you wish to record a rate change part way through the project try this instead. On the resource sheet double click the material resource. In the Resource information sheet click on Costs. In the A table use the first available blank row to enter the start date for the new rate, what the rate will be. MS Project will now apply this rate for this resource from the effective date.

To see the changes in costs over the life of the project switch to Task Usage view, right click on the table on the right side of the screen and select Actual costs.

You can also see the variance between baseline and actual by going to View > Table > Cost

To switch the table back to the default Entry table go to View > Table > Entry


I hope this helps - do let us know if you have any further questions.


Kind regards,
Andrew

Tue 22 Sep 2009: Automatically marked as resolved.

 

Please browse our web site to find out more about
consulting ms project and other Microsoft training courses.

Ms project tip:

Giving Someone a Gantt Chart Snapshot

To pass on a picture of a Gantt chart segment, choose the appropriate view, select the rows to be included, then click on the camera icon and select For Screen. The graphics image can be pasted into another document. (See Paste icon forn Project 2010)

View all MS Project hints and tips


Microsoft Certified Partner Accredited Training Provider: Institute of IT Training Institute of Leadership and Management - Certified Courses Security Seal verified by visa, mastercard securecard