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Project Risk Management and Decision Analysis 

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Adding fixed costs to tasks


 1. On the Workflow bar, click the Cost Analysis view.
2. Select the task in which you want to fixed costs.
3. Enter base fixed cost in the Cost field. You can enter in Low and High estimated costs.
4. Select an accrual method in the Accrual column. Accrual methods indicate how cost is accrued in the task. Default accrual method if defaulted in Tools -> Options, cost tab separately for cost. Accrual methods available are:
    •  Start
    •  Finish
    •  Prorated


•  You may assign fixed cost to the summary tasks the same way as they are assigned to the subtasks
•  You may define uncertainties in fixed cost using low, base and high values of cost.
•  Uncertainty in variable cost is originated in task work since variable cost = resource work * number of units * rate.


See also

Setting up your projects

 

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