If you choose this option, any actual costs you've already entered will be cleared. By default, the option to automatically calculate costs is selected. You do this in the Project Options dialog box. Remarks You can specify whether you want to enter actual costs or automatically calculate them.
When the task is 100 percent complete, the actual cost will be calculated as $200. Microsoft Project calculates that the actual cost so far is $100. The one resource assigned costs $20 per hour, and the resource has reported that the task is 50 percent complete. You can also review this information after the project is completed to help you plan costs for future projects.Įxample You're tracking costs on a task that has a 10-hour duration. You can review this field while a task is in progress to see if you're staying within your budget. How and when actual costs are calculated depend on the assigned Standard Rate, Overtime Rate, Per Use Cost, and Cost accrual settings in the Resource Information dialog box.Īctual Cost = (Actual Work * Standard Rate) + (Actual Overtime Work * Overtime Rate) + Resource Per Use Costs + Task Fixed Costīest Uses Add the Actual Cost field to a task view to review the resulting expense of a task.
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This is the cost of actual work plus any fixed costs for the task to date. You can choose to calculate all the actual costs as actual work is reported by each resource assigned to the task. How Calculated Until actual work is reported on a task, the Actual Cost field contains 0.00. There are several categories of Actual Cost fields. The timephased versions of these fields show values distributed over time. The Actual Cost fields show costs incurred for work already performed by resources on their tasks, along with any other recorded costs associated with the task. Project Online Desktop Client Project Professional 2021 Project Standard 2021 Project Professional 2019 Project Standard 2019 Project Professional 2016 Project Standard 2016 Project Professional 2013 Project Standard 2013 Project 2010 Project Standard 2010 Project 2007 Project Standard 2007 More.
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