

That is why using a material resource to cost load an activity is ideal. If using a material resource, the budgeted units can be set independent of the units per time or the activity duration. And example would be for a labor resource with units per time set at 8 hours multiplied by an activity duration of 10 days giving a result of 80 budgeted hours for the activity. If using labor and non-labor resource types, the units per time such as 8 hours per day are then used to calculate the budgeted units for the resource for the activity. The duration of the activity will be passed into the resource calculation on the activity.

#Primavera sample project files designs manual
Expenses cost require manual updated as opposed to resources which can be tied directly to an activity's percent complete. Examples of this include permits, equipment, or even mobilization costs. This functionality allows users to add one time cost occurrences to activities. Resource consumption can be adjusted to reflect actual performance as needed.Īnother way to load cost into a P6 project schedule is to use expenses. Using these resource types, a company can load costs into a project schedule. As the schedule is updated, the costs are updated as well. Material resources can be used to track lump sum dollar values assigned to an activity or they can be used to track specific materials. Material resources can be assigned a unit of measure. Labor and non-labor costs are assigned to the resources on a units per time basis such as dollars per hour. As resources are created in the centralized resource pool, they are assigned the appropriate resource category. Resource cost are divided into three categories labor, non-labor and material.

Cost can be analyzed and reported upon using either tabular reports, layouts or Microsoft Excel exports. These costs can then be rolled up from the activity details into corresponding work breakdown structure elements then all the way up the project structure. Cost can be managed using resources or expenses which are assigned to activities in the project plan. Project costs can be managed using various methods in Primavera P6 Professional, the flagship of the Primavera project planning/scheduling line. Whichever the case, Primavera P6 is a very competent tool to do both. Some of those returns may be a required component to a schedule submission or it may simply be a need to better understand the time phased cost component of a project. Inserting cost tracking into the project schedule must be carefully balance with the expected returns.
#Primavera sample project files designs software
The traditional user of Primavera uses the software for deadline tracking.

With over six trillion dollars in project value being managed with Primavera software, it has a proven track record. Primavera has been built from the ground up with this intention in mind. Can project costs be accurately reflected on a periodic and cumulative basis on a project?Ĭost loading a schedule and balancing that within what is called the triple constraint time, money and quality, can be a daunting task for those using spreadsheets or software other than Primavera's planning and scheduling software.How can project cost be balanced with the time and quality elements on a project?.December 2009 Newsletter Featured Article
