Entering actual costs manually
Entering fixed costs in Microsoft Project is straightforward. Here are the steps to do this using the Cost table:
- From any view, such as the Gantt chart view, select the View tab | Tables | Cost. This table includes a column for fixed costs.
Figure 10.5: Cost table view
- Locate the row corresponding to the task for which you want to enter a fixed cost and click in the cell in the Fixed Cost column for the desired task, desired Summary task, or for Project Summary Task 0.
- Enter the amount of the fixed cost. Repeat this step for each task that requires a fixed cost entry. Examples of these can be seen here:
Figure 10.6: Fixed costs applied
Use this example to enter your own fixed costs into a project file. Create the task titles as shown and apply fixed costs taking note as to how these figures are rolled into the summary and project summary tasks. Now, let’s discuss...