Entering Multiple Pay Rates for a Resource

Hi,

I will explain how can you Enter Multiple Pay Rates for a Resource in MS PROJECT 2010

Suppose that you have a Resource with name Mary. Mary is working on your project as a Project Manager, and as Consultant. She has 300$ / day as a Project Manager and 200$ / day as a consultant.

First I will add two tasks and I will link them:

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Now I will add Mary as Resource:

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I have left Standard Rate 0.

Now I will add two pay rates for Mary. First I will add 300$ per day for Project Manager:

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I will explain terms like: Overtime rate, Per Use cost and Cost Accrual in one of my next blog. For now on leave it as it is.

Now I will add 200$ per day for Consultant:

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Now, I will assign Mary to the TASK 1:

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and the TASK 2:

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You can see that TASK 1 has cost $7.200, and TASK 2 $12.000Why? Well, TABLE A (with $300 / day) is DEFAULT. TASK 1 has 3 days duration. 3 DAYS X 8 hours / day = 24 hours. 24 hours X $300/day (DEFAULT) = $7.200. TASK 2 has 5 days duration. 5 DAYS X 8 hours / day = 40 hours. 40 hours X $300/day (DEFAULT) = $12.000.

OK. No I will apply different cost Rates to Assignments:

For The TASK 1 I will use Mary as a Project Manager with 300$ / day, and because that is default pay rate I have nothing to do. For the TASK 2 I will use Mary as a Consultant with $200 / day.

I will switch to Resource Usage View:

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Now I will choose the Cost Table:

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and I will get:

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You can see that TASK 2 has cost = $12.000 which is wrong. I will now change the Cost for the Task 2:

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and I will get:

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You can see that TASK 2 has cost = $8.000.  40 hours (for TASK 2) X $200 / day = $8.000. So now, everything is OK.

 

In my next blog I will set up pay rates for a resource to apply at different times.

 

See you!

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About Nenad Trajkovski

Location: Zagreb, Croatia Occupation: Project Manager Interests: Project Management and MS PROJECT He was born in Zagreb, Croatia at 1963. After completing his college he started working on projects in different business areas (banking, manufacturing, automotive industry, distribution, oil companies, etc.) developing and implementing ERP systems into different companies. He has got a lot of experience working with people in different business processes and also possesses great knowledge in information technologies and financial services. Today he works as a business consultant, adn Project Manager in PERPETUUM MOBILE d.o.o. Zagreb. He is a regular lecturer for Project Management in MS Innovation Center in Varaždin, Logosoft Sarajevo in Bosnia and Herzegovina and SEAVUS GROUP in Skopje Macedonia. He was named the best lecturer of WINDAYS 2008 while his lecture was also voted as the best. In addition, he was in TOP 10 lecturers at the MS SINERGY 2009 and MS VISIA 2009, 2010. Shares first place as the best lecturer of KulenDays 2009 and 2010 and PMI Conference 2009 in Zagreb. He is also a regular lecturer in the MS Community. He is a Certified Accountant and a PMP (Project Manager Professional) and a PMI-RMP (Risk Manager Professional), MCP, MCT, and Microsoft Certified Technical Specialist - Microsoft Project 2010. From 01.01.2012 awarded with MVP (Microsoft Most Valuable Proffesional - Microsoft Project)!
This entry was posted in MICROSOFT PROJECT, Microsoft PRoject 2010, MS PROJECT 2010, PMI, PRoject Management and tagged , , , , . Bookmark the permalink.

1 Response to Entering Multiple Pay Rates for a Resource

  1. Minh Tuan says:

    Thank you!

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