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Implementing Project Portfolio Management: From Organization Structure to Recognized Revenue · Module 6 · Rate Schedules and Pricing

Nonlabor and resource class rate schedules

Lesson 60 of 198 · 11 min

Create a nonlabor rate schedule for the Module 5 resources, set rates per resource and optionally per organization, create a resource class rate schedule as a fallback, and show the fallback applying where no more specific rate exists. THE RESOURCE CLASS SCHEDULE IS YOUR SAFETY NET. Configure one so that nothing prices at zero by accident — that is failure case one, prevented rather than diagnosed. Organization-specific rates handle the case where the same equipment costs differently in different locations.

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In this module: Module 6 · Rate Schedules and Pricing

  1. 1Cost rates and bill rates
  2. 2The four schedule types
  3. 3Creating person and job rate schedules
  4. 4Nonlabor and resource class rate schedules
  5. 5Rate sources and the derivation hierarchy
  6. 6Currency and effective dating
  7. 7The annual rate cycle
  8. 8What breaks
  9. 9Lab: rate the business and explain three transactions