Microsoft® Office Project 2007 Inside Out

Chapter 8. Planning Resource and Task Costs

• Working with Costs and Budgeting

• Planning Resource Costs

• Planning Fixed Task Costs

• Reviewing Planned Costs

• Setting Up and Reviewing a Project Budget

• Setting a Different Currency

Microsoft Office Project 2007 can help you plan, forecast, and track costs associated with the performance of the project. The bulk of your costs is likely to be generated by the resources assigned to tasks. There might also be costs directly associated with tasks.

To set up your project plan so that it reflects costs incurred, you can:

1. Enter unit costs for work and material resources and assign those resources to their tasks.

2. Assign and quantify cost resources such as travel costs, facility rentals, permit fees, and equipment or software ...