- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
12-02-2019 03:27 AM
Hi,
I am little confused with the Planned Cost calculation on Resource Plan on Projects.
I created a Resource Plan as shown below which is for a specific user in the Group and the group has the hourly rate of $200
Based on my understanding it multiplies Planned Hours X Group hourly rate, if my understanding is correct Planned Cost should have been $8000 -> 40 X 200, but here the total planned cost is $16000
For doubt i created another Resource Plan where the get different result:
Hourly rate is same $200 for both the groups. Now you can see it is $4000 but it should have been the same $16000
Solved! Go to Solution.
- Labels:
-
Cost Management
-
Resource Management

- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
12-02-2019 07:56 PM
Hi Shaik,
The rate on the group record is no longer used. The resource plan either uses a rate model if it exists and is applied to the project using the 'Rate Model' field, or will use the default value from the system property ('com.snc.time_card.default_rate'). The default value in this property is '50' which lines up with the numbers in your screen caps above.
You can still capture rates at the group level by building a rate line specifically for each group.
Please review the following -
Thanks,
Chris
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
12-03-2019 07:52 AM
Hi Chris,
What you said was right i was having Rate Model for that and thats why i got the different Costs.
I have another confustion on Expense Line generated via Approved Time Cards it is again giving a different calculation for the same user. If you have time can you please look into this thread.
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
07-06-2020 11:57 PM
Hi Chris,
I have rate model defined, rate lines are as per user location.
I have created a resource plan to the project (mapped the rate model also) and i have selected group A and user specifc user1 and user 2 frm the group. for the planned cost on the resource plan default rate is taken whereas for the allocated cost it took as per user location and showed correct cost.
My confusion is even for the planned cost it should have taken from rate model right ?
Thanks
Saraswathi