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In the Trenches with Microsoft® Office Project 2007 by Elaine J. Marmel

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Anticipating Cost Hikes Realistically

Suppose that the annual pay raise cycle occurs during your project. That means that the cost of employees will change over the life of your project. So you need to assess the cost of employees working on your project using one set of standard and overtime rates before a particular date, and another set after that date. Or suppose that you need to account for an increase in the price of a Material resource at a particular point in time. Or you might use different grades of paper—at differing costs—for various reports you prepare. To set up these different costs, you use cost rate tables, available in the Resource Information dialog box.

To set up cost rate tables, display the resource Sheet and double-click ...

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