Implementing Project Portfolio Management: From Organization Structure to Recognized Revenue · Module 5 · Expenditure Types, Nonlabor Resources and Project Roles
Expenditure categories and revenue categories
Lesson 49 of 198 · 1 min
Expenditure category — how costs group for cost reporting. Labour, travel, materials, subcontract, other direct costs. Revenue category — how the same transaction groups for revenue and billing reporting. Often similar to the expenditure category, and deliberately not always the same. Why two. The way you analyse cost and the way you present revenue to a client are different questions. Travel might be one cost category and split across two revenue categories for billing presentation — or the reverse. That is not a system quirk. It is that your client's invoice is a document you show somebody outside the business, and your P&L is not. FIVE TO TEN EACH IS TYPICAL. IF SOMEBODY WANTS TWENTY, ASK WHICH REPORT NEEDS THE TWENTIETH. Keep both lists short. These categories appear on project P&Ls, invoices and performance dashboards. Design them with the person who reads those — not with the person who maintains…
The full lesson is part of the course
The video, the complete written lesson and the module quiz are included in Implementing Project Portfolio Management: From Organization Structure to Recognized Revenue, with a certificate on completion and a fourteen-day refund window.
In this module: Module 5 · Expenditure Types, Nonlabor Resources and Project Roles
- 1The taxonomy everything references
- 2Expenditure categories and revenue categories
- 3Expenditure type classes
- 4Creating expenditure types
- 5Nonlabor resources
- 6Project roles
- 7Designing the taxonomy
- 8What breaks
- 9Lab: design the taxonomy from a stated P&L