Implementing Project Portfolio Management: From Organization Structure to Recognized Revenue · Module 6 · Rate Schedules and Pricing
Rate sources and the derivation hierarchy
Lesson 61 of 198 · 16 min
When a transaction needs a rate, the system works through a sequence of possible sources until it finds one. UNDERSTANDING THAT SEQUENCE IS THE WHOLE SKILL. Where rates can come from: the project, the project type, the business unit, a rate schedule assigned at various levels, and the person or job on the transaction. The general shape: MOST SPECIFIC WINS. A project-level rate override beats a business unit default. A person rate beats a job rate. Rate sources as a configuration object — defining which schedules apply, in what order, for cost and for bill separately. Then: configure rate sources, enter a transaction and trace the rate applied, add a more specific rate and re-enter, showing the change, and remove all rates and show the failure or zero-cost behaviour. THIS IS THE "WHY DID IT PRICE LIKE THAT" LESSON — and it is the question a PPM consultant is asked…
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.