Subscriber only lesson.
Sign up to this course to view this lesson.
About this lesson
The best approach to adding these costs is to create cost type resources and assign them to tasks. Once you have a task that represents the cost for the project, you can assign the appropriate cost resources to the task and then enter the amount.
Multiple versions of this lesson are available, choose the appropriate version for you:
Download this lesson’s related exercise files.Add Costs to the Project.mpp.mpp
303.5 KB Add Costs to the Project - Completed.mpp.mpp
Add Costs to the Project
If you are following this lesson in the intended order, you will have a Microsoft Project file that contains resource costs. However, it does not include other budget costs like house material, and the cost to acquire the land.
The best approach to adding these costs is to create cost type resources and assign them to tasks. Sometimes you may not already have tasks in place to represent these costs so you will create a new one. Once you have a task that represents the cost for the project, you can assign the appropriate cost resources to the task and then enter the amount.
To create budget costs for your resources, follow these steps:
- Go to the resource sheet and add resources that represent costs.
- For each cost resource, change the type column to cost.
- In the Gantt chart view, create a new task (or locate an existing one) that will include the new cost.
- Assign the cost resources to various tasks and then using the details view to type in how much cost you want to include in the project.
Lesson notes are only available for subscribers.
PMI, PMP, CAPM and PMBOK are registered marks of the Project Management Institute, Inc.