Costing add-on in Project Management

The Project Management costing add-on connects the Project Management application to the Cost Management application to allow for estimating and tracking the costs associated with projects.

This plugin enables the following project costing features:

• Estimate group resource costs during project planning.

• Tracking the actual cost of each user resource for a project.

• Track actual project task costs from time cards and other project expenses.

• Allocate project costs to the business.

• Represent project costs to the CIs that the project affects.

• Rollups of actual task expenses to parent tasks and the project record.

The Project and Cost applications work together as shown in the diagram:

[Omitted image “project_costing_concepts.png”] Alt text: screenshot for Project and Cost applications relationship

The following properties are available with this plugin:

Description Property Name Notes For planned tasks types, calculate the actual cost field using the total of expense lines for the task. glide.cost_mgmt.calc_actual_cost Default: true. This property is from Cost Management. When an expense line is created against any task of planned_tasktype and this property is true, the system calculates the sum of all expense line costs. The total is set in the work_cost field. When creating a task expense line should the system also create expense lines for the top task? glide.cost_mgmt.process_task_top_task Default: true Enable project cost rollup (estimated and actual) - updating the cost of a project task updates the cost of its parent. com.snc.project.rollup.cost Default: true

The following business rules are added or modified with this plugin:

Name Table Description Project Cost Rollup Planned task [planned_task] Default: true. This property is from Cost Management. When an expense line is created against any task of planned_tasktype and this property is true, the system calculates the total cost. The system gets a sum of the costs for all expense lines and sets the total in the work_cost field. Process Top Task Parent [fm_expense_line] Default: true

Parent Topic:Starting a project

Related topics

{Create a project task from a project}[]

{Create a parent-child relationship on the Project Task form}[]

{Create a monetary benefit plan for a project}[]

{Create a non-monetary benefit plan for a project}[]

{Associate monetary and non-monetary benefit plans}[]

{Create a project cost plan}[]

{Recalculating costs of all resource plans in a project}[]

{Create an expense line}[]

{Create and manage waterfall projects}[]

{Update a project}[]

{Copy a project}[]

{Assign a project schedule}[]

{Create baseline of a project}[]

{Create a milestone}[]

{Activate project task email notifications}[]

{Change the planned start date of a project}[]

{Create a cost type definition}[]

{Generate labor costs}[]

{Create a project status report}[]

{Allocate budget to a project}[]

{Migrate budget of active projects to Next Experience}[]

{Migrate financial baselines of projects to Next Experience}[]