Implementing Project Portfolio Management: From Organization Structure to Recognized Revenue · Module 6 · Rate Schedules and Pricing
Creating person and job rate schedules
Lesson 59 of 198 · 14 min
Create a job rate schedule; set the schedule type as cost, bill or both. Add jobs and rates. Create a person rate schedule for two named exceptions, set effective dates, show rates applied to a transaction, and show a rate override at project level. Schedule type — cost, bill or both — is set at creation. Decide before building. RATES COME FROM FINANCE AND THE COMMERCIAL TEAM, IN WRITING. Never estimate them; they are the most commercially sensitive numbers in the system. Person schedules should be the exception. If you find yourself adding fifty people, the design is wrong — and that is worth saying while adding the second one.
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.