Daily cost per use: is possible???

V

Vit

hi all,

I'm trying to understand how to insert a value that should be a "daily
cost per use"....

is it possible???

what can I do that???

thank you so much

Vit
 
J

John

Vit said:
hi all,

I'm trying to understand how to insert a value that should be a "daily
cost per use"....

is it possible???

what can I do that???

thank you so much

Vit

Vit,
A daily cost and a cost per use are two different things. The former
relates to a time-based charge, the latter to a usage-based charge.

Let me give a couple of examples. Let's say you rent a truck and it
costs $50/day. Enter that resource as a work type resource and enter
$50/day into the Std. Rate field. Now let's say the truck also comes
with a setup charge of $100 each time you rent it. That value would be
entered into the Cost/Use field and applies each time the truck is
rented. So if you rent the truck for 5 days a one-time charge of $100 is
applied. If you then take the truck back but then rent it again the next
week, another $100 setup charge will apply.

By the way, you can easily get information about any field in Project by
insuring that field is shown as a column in the view and then hovering
your mouse over the column heading until a pop-up appears. Click on the
help topic in the pop-up.

Hope this helps.
John
Project MVP
 
J

Jack Dahlgren

I think that John is telling you no.
You can have cost per use, or daily cost (based on number of hours worked in
a day) but I do not think there is an out of the box way to assign a cost
based on the number of days that the work is spread over. You could probably
model this by making a number of 1 day tasks or a recurring task. And you
could build a formula to show the value. But there is no option to set that
value.

-Jack
 
V

Vit

I think that John is telling you no.
You can have cost per use, or daily cost (based on number of hours workedin
a day) but I do not think there is an out of the box way to assign a cost
based on the number of days that the work is spread over. You could probably
model this by making a number of 1 day tasks or a recurring task. And you
could build a formula to show the value. But there is no option to set that
value.

-Jack










- Show quoted text -

sorry to not be clear...

I know the difference between them... but what about if I have a fix
cost every day that I usa a specific resource??? (it doesn't matter if
I use for one hour or for the alll day....)

thanks

Vit
 
J

John

Vit said:
sorry to not be clear...

I know the difference between them... but what about if I have a fix
cost every day that I usa a specific resource??? (it doesn't matter if
I use for one hour or for the alll day....)

thanks

Vit

Vit,
Then you should be able to set it up as $xx/day as I suggested. That
will apply the rate to each defined "day" which is normally set for 8
hours. So for example, if you use the resource for 20 hours, that is 2.5
days and the cost will be 2.5 x daily rate.

If you don't think that will work in your situation, then I'd go with
what Jack suggested and break the task into individual 1 day pieces and
set the cost/use at the desired value. Using this approach will accrue a
daily charge for each partial or full day.

John
Project MVP
 
S

Steve House

Sorry but it doesn't work that way. Work resource costs are always prorated
to a per hour rate regardless of how they are entered, so a cost of $80 per
day when the resource is assigned to a 1 hour task will impact your budget
by $10, not the $80 you want. This is one of the reasons I harp on the
notion that Project is not an accounting program and shouldn't be kludged in
an attempt to make it play one on TV <g>. The project budget is the direct
economic cost of doing the project's work, NOT the firm's out-of-pocket
expenses. That extra $70 you have to pay him when you're so inefficient as
to use him for only 1 hour is NOT a project related cost - it's overhead to
the firm and should not be included in the project-specific budget costs.

It works the other way as well - overtime work done outside working hours by
an exempt resource who does not earn overtime is not free, even though he
doesn't get paid for the extra time and the out-of-pocket payroll costs
don't increase, the budget still needs to include those hours in the costs
just as if they were worked during regular working time. IMHO, the overtime
rate should equal the standard rate for exempt resources who do not receive
overtime, NOT zero as many references state.

HTH

--
Steve House [Project MVP]
MS Project Trainer & Consultant
Visit http://project.mvps.org/faqs.htm for the FAQs




sorry to not be clear...

I know the difference between them... but what about if I have a fix
cost every day that I usa a specific resource??? (it doesn't matter if
I use for one hour or for the alll day....)

thanks

Vit
 

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