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The baseline hasn’t been set as all the baseline values are zero and the Total Cost column includes expenses as well as generic labor resource expenses. Figure 2įrom our cost table shown below in Figure 3, we can see there are not any Fixed Costs associated with our project. From the drop-down menu in ‘Tables’, we select the ‘Cost’ as shown in Figure 2. We access the cost table by selecting the View tab in the Data Ribbon. Cost TableĪ cost table for entering and tracking costs related to our project is available in Microsoft Project. We want to list it as a line item project material expense. However, the tubing required to be installed in the heat exchanger is a unique expensive part needed for this project. We have also assigned all of our resources to the various activities from our generic list of global resources. Figure 1įrom our schedule in Fig 1, you can see that we have assigned all our activities sequentially and adopted Finish-to Start relationships. The schedule for this project is displayed in Figure 1. Our project, ‘Replace HET’ is a fairly straight forward heat exchanger repair project, where some damaged tubing in the heat exchanger is being replaced. We just have to assign a specific material cost which needs to be assigned to the installation task. Using the Resource Sheet and Resource Names Column, in Microsoft Project, we have scheduled and assigned labor resources to all of our activities for our project ‘Replace HET’. This article uses Microsoft Project 2013 to show how this works, however, the features described are available in the most recent version of Microsoft Project. Another article entitled Microsoft Project: Adding Generic Labor Resources to a Project discusses the assignment of generic labor resources. In this article, we will discuss the assignment of a project-specific material expense to our schedule using Microsoft Project. If you have a subcontractor working on a task at a fixed price or you are using a material expense on your project, then using a fixed expense to describe this cost is a great option.