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apply project level cost rate overrides to resource in financial project plan

in Project Management 1 comment

Summary:

Can project level cost rate overrides be applied to the corresponding resource in the financial project plan?

Content (required):

in PFM we are using a resource combination of Job:Named Resource in the financial project plan. The jobs used are banded rate planning roles and when the plan is baselined an integration creates a project level cost rate override based on the person's HR job title. Once the cost rate override is established we'd like to see the true cost rate applied to that resource in the financial project plan.

Example: New resource created at task level using planning role Senior Project Manager (cost rate of 100.00 USD) and named resource Jane Smith with 10 hours of planned effort. Planned raw cost = 1000.00 USD. Project plan is baselined, cost rate override created for Jane Smith using her HR job title of Project Manager which has an hourly cost of 75.00 USD. New expected planned raw cost = 750.00 USD.

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