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03-05-2020 02:13 PM
Hello All,
I am setting up a Rate Model for various Resource Plans.
Rate Model :
Role-> User
Then I have set up the Rate Lines, where for various Users, I have given different Rates.
Once done, I created a Demand and under it, I created a Role-based Resource Plan and I am expecting to see the Planned Cost to be calculated based on the Rate Model that is attached to the Demand. Unfortunately, it is multiplying the Planned hours with $50( not sure where it is coming from) , checked all the related setups.
My requirement is that the Planned cost should be calculated based on the Rate Line associated with the Rate Model applied on the Demand.
Please help me.
Aditi
Solved! Go to Solution.
- Labels:
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Cost Management
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Financial Management

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03-05-2020 07:31 PM
It looks like your rate model is not working here. It's not finding any resources and it defaults to the $50 rate.
You need to change the Rate Model attribute entity from "resource plan" to "role" and "resource" and the leave the attribute field to "none". Please note if another resource has those rate lines you cant save it to that rate model. they should look like this
Also, make sure that the "rate line" are well populated and is correctly assigned. The resources plan pull from that list of resources when it does its calculation
I have a rate model with group -> role-> resource and it works just fine. I created your rate model and it would default to the $50 rate.
Here is a video on the rate model to help you understand how it works. I also added an attachment on Rate Model. I hope that helps you out!
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07-07-2020 11:23 AM
Hi Miguel,
I have similar issue.
I have rates based on Group and resource location.
I have created a Rate model as below, on resource plan when i say Resource Type = Group , then based on resource location i should get different rates as defined.
I have rate lines as below
I have selected this rate model on project and created Resource Plan, allocated cost is correctly updated but planned cost is calculated with default rate and not the rate lines rate.
Please help me with this.
Thanks,
Saras
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03-06-2020 04:01 PM
Hi Miguel,
Can you please help me fix the Planned Cost on Resource Plan. I have shared all the screen shots for your review.
Thank you
Aditi
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03-05-2020 08:48 PM
As the rate model is for Role & resource. The planned cost will not pick up the rate(from rate model) as there is no resource attached.
Please verify the resource allocations and the allocation cost. Drilldown into the highlighted record and check the cost at allocation records which are being created for each user.
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03-05-2020 09:00 PM
Just extending to the above, if you want a rate other than default rate, create a rate line in the rate model with role & *(resource) combination
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03-06-2020 04:01 PM
Hi Krishna,
Can you please help me fix the Planned Cost on Resource Plan. I have shared all the screen shots for your review.
Thank you
Aditi