Proposal

Forecast Labor Cost

Calculates the forecasted labor costs from the staffing profile. It equals to the total sum of forecast labor costs of all positions in the staffing profile.

Forecast Labor Cost of a position = Forecast Labor Cost of Assignment/Promise of the position + Unmet Demand * rate determined by cost rule of the position

where,

Forecast Labor Cost of Assignment = Total committed effort of the assigned resource * rate determined by cost rule of the resource/position

Forecast Labor Cost of Promise = Total promised effort of the assignment * rate determined by cost rule of the position

For information about how the cost rate of a position/resource is determined, see How PPM picks up cost rules.

Same as it is for projects.

Actual Labor Cost

Calculate the actual labor costs from time logged against the proposal request

Actual Labor Cost = Sum of (time sheet actual effort * rate determined by cost rule for each resource)

For information about how the cost rate of a position/resource is determined, see How PPM picks up cost rules.

Project

Forecast Labor Cost

Calculate the forecasted labor costs from the staffing profile. It equals to the total sum of forecast labor costs of all positions in the staffing profile.

Forecast Labor Cost of a position = Forecast Labor Cost of Assignment/Promise of the position + Unmet Demand * rate determined by cost rule of the position

where,

Forecast Labor Cost of Assignment = Total committed effort of the assigned resource * rate determined by cost rule of the resource/position

Forecast Labor Cost of Promise = Total promised effort of the assignment * rate determined by cost rule of the position

For information about how the cost rate of a position/resource is determined, see How PPM picks up cost rules.

• Your administrator can decide whether over-allocation (the negative unmet demand value) should be ignored in the calculation of Forecast Labor Cost by using the IGNORE_NEGATIVE_UNMET_DEMAND parameter.

  For details, see the IGNORE_NEGATIVE_UNMET_DEMAND parameter in Server parameters.

• Your administrator can decide to use the cost rate of the resource role or the position role to calculate the forecast labor cost of assignment by using the parameter SP_RESOURCE_ROLE_RATE_ENABLE.

  For details, see the SP_RESOURCE_ROLE_RATE_ENABLE parameter in Server parameters.

Actual Labor Cost

Calculate the actual labor costs from the work plan and time sheets

If time sheets are used:

Actual Labor Cost = Sum of (time sheet actual effort * rate determined by cost rule for each resource)

The actual efforts you log against time sheets and work plans are in a continuous range. However, when rolling up the actual labor cost to the financial summary, PPM breaks it down into periods. The cost of each month is calculated as follows:

Actual Labor Cost of the month X = Total Actual Cost * Working days in month X / Total working days during the period when actual efforts are logged

If time sheets are not used:

Actual Labor Cost = Sum of (actual effort * rate determined by cost rule for each resource)

For information about how the cost rate of a position/resource is determined, see How PPM picks up cost rules.

Actual Non-Labor Cost

Calculate the actual non-labor costs from the work plan

Actual Non-Labor Costs = Sum of (actual non-labor costs for each task)

Asset

Forecast Labor Cost ¹

Calculate the forecasted labor costs from the staffing profile (all labor costs are set to operating). It equals to the total sum of forecast labor costs of all positions in the staffing profile.

Forecast Labor Cost of a position = Forecast Labor Cost of Assignment/Promise of the position + Unmet Demand * rate determined by cost rule of the position

where,

Forecast Labor Cost of Assignment = Total committed effort of the assigned resource * rate determined by cost rule of the resource/position

Forecast Labor Cost of Promise = Total promised effort of the assignment * rate determined by cost rule of the position

For information about how the cost rate of a position/resource is determined, see How PPM picks up cost rules.

Same as it is for projects.

Actual Labor Cost

Calculate the actual labor costs from time logged against the asset (all labor costs are set to operating)

Actual Labor Cost = Sum of (time sheet actual effort * rate determined by cost rule for each resource)

For information about how the cost rate of a position/resource is determined, see How PPM picks up cost rules.