Implementing Project Portfolio Management: From Organization Structure to Recognized Revenue · Module 13 · Project Costing: Capture and Processing
Lab: every source, every error, one closed period
Lesson 141 of 198 · 2 min
An hour and a quarter, and it exercises six modules at once. Labour costs recorded on the Meridian project, with the full chain evidenced from entry to journal. Expense and supplier invoice costs — including one blocked by the active-tasks-only option. The expenditure import pack loaded, with all four seeded errors diagnosed and corrected. One cost transferred between projects and one split across tasks, with the audit trail shown. One item marked non-billable, with a written note on the margin consequence and the control. A capital project with capitalizable and non-capitalizable tasks — an asset created, costs assigned, and placed in service. Cost processing run and accounting created in final. The project period closed, with a transaction attempt evidenced. And a written cost-source scoping note: which sources Meridian would integrate in year one, and why. The labour chain is traced end to end: entry, rate, burden, account, journal. Five links,…
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 13 · Project Costing: Capture and Processing
- 1Where project costs come from
- 2Timecards and labour cost
- 3Expense reports and supplier invoices
- 4Expenditure import
- 5Validation and adjustment
- 6Commitments
- 7Capitalization and asset creation
- 8Cost processing and period close
- 9What breaks
- 10Lab: every source, every error, one closed period