• Create BookmarkCreate Bookmark
  • Create Note or TagCreate Note or Tag
  • PrintPrint

Standard Rate

The standard rate for a work resource is the cost rate to be charged for the resource's work during normal working hours. Type the standard rate as a number, followed by a forward slash, and one of the following time unit abbreviations: m (minute), h (hour), d (day), w (week), mo (month), or y (year). For example, if a worker is paid $12.50 per hour, you would enter 12.5/h. You can use the year as a time unit if the resource is paid an annual salary. If you type just a number (without a time unit), Project assumes it's an hourly rate. For example, type 600/w for $600 per week, 3000/mo for $3,000 per month, 35000/y for $35,000 per year, and 15.5/h for $15.50 per hour. The standard rate for month is new in Project 2000.

For material resources the standard rate is the amount to charge tasks per unit of the resource consumed. For material resources the Standard Rate is entered just as an amount, with no time unit. It is understood to be the amount per unit of the resource, where the unit to use is defined in the Material Label field. For example, if you include Diesel Fuel as a material resource for the bulldozer, its Material Label might be Gallons and the Standard Rate might be 1 (which means $1 per gallon).


PREVIEW

                                                                          

Not a subscriber?

Start A Free Trial


  
  • Creative Edge
  • Create BookmarkCreate Bookmark
  • Create Note or TagCreate Note or Tag
  • PrintPrint