The rolled-up value for fixed task costs looks wrong

If you have fixed costs for individual tasks, and possibly a fixed cost for the project as a whole, these values are not rolled up into the project summary task or outline summary tasks.

Instead, the fixed costs for tasks and any resource costs are calculated and displayed in the Total Cost field for the individual tasks. In turn, the Total Cost field is rolled up in the project summary task, and that's where you can see project cost totals.

The reasoning is that you might need to enter a fixed cost for a project phase, represented in a summary task. Likewise, you might need to enter a fixed cost for the project as a whole. Not rolling up totals in the Fixed Cost field makes it possible for you to do this, although at first glance it looks wrong. Keep your eye on the Total Cost field instead.

Project Management Made Easy

Project Management Made Easy

What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.

Get My Free Ebook

Post a comment