Can you track billable hours worked on a task within Project?

M

matseui

I want to track billable hours per task within a particular project that I am
using MS Project to manage. Is there a way to do this? I thought about just
making a separate spreadsheet in Excel but figured that there was probably a
way to do it in Project.
 
J

JulieS

Hello Matseui,

You certainly can track not only hours worked but also be able to
compare the estimated hours (baseline work) against actual work.

In order to assign and track work (what I guess you mean by billable
hours), you'll need to create and assign resources. If you enter an
hourly rate for your resources, Project can also track costs based upon
work * rate.

I hope this helps. Let us know how you get along.

Julie
Project MVP

Visit http://project.mvps.org/ for the FAQs and additional
information about Microsoft Project
 
S

Steve House

As Julie said, but note. You might run into problems if "billable hours"
are not always equal to work man-hours. Let's say you bill your resources
on a day rate with a one day minimum. If as part of a project they show up
at a client site to do a task, do 1 hour of work, finish the task and leave
for the day, there's one hour of work that influences the project schedule,
affects resource availability, and that contributes to your internal project
cost but there would be 8 billable hours to the client. Project can't
really handle this scenario accurately.

Project's forte is work scheduling and cost estimating and is not an
accounting or time and billing application and IMHO one shouldn't try to
kludge it into acting like one. Time and billing and revenue tracking
should be done in a real accounting program, not Project.
 

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Top