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Cost values in Project work plan

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WissenCarquest
Super Contributor.

Cost values in Project work plan

When we have approved time sheet against a project task, the time is populating in project task actual hours, but the cost is not populating, both the planned cost and actual cost is 0 in the project work plan. Can any one tell me what are the setting that need to be made to get this right.

 

Thanks,

Kalyan,

14 REPLIES
Jason Nichols K
Acclaimed Contributor.

Re: Cost values in Project work plan

Have you checked your Cost Rates?

Celil
Acclaimed Contributor.

Re: Cost values in Project work plan

Hi Kalyan,

 

You have to define cost rules:

Open>Administration>Financials> ...

First you should define Cost Factor then add Cost Rules.

For details how to define cost rules you should check PPM9.10_FinancialMgmtUser.pdf page 15.

 

 

PS: Please keep alive our forum via KUDOS the professionals

 

Celil

IT Governance Professional
& PPM Solution Architect
WissenCarquest
Super Contributor.

Re: Cost values in Project work plan

when the user has submitted the time sheet, the project manager can see no of hours and cost of the resource for that time sheet., this is the indication that the cost rules are set for that resource.
WissenCarquest
Super Contributor.

Re: Cost values in Project work plan

The same user is added in the staffing profile and the planned values rolled out to financial summary.
Pogonchev
Micro Focus Expert

Re: Cost values in Project work plan

Hi Kalyan,

 

Did the Billing Approver close the time sheet?

 

Regards,

 

Nikola

HPE Support

If you find that this or any post resolves your issue, please be sure to mark it as an accepted solution.
WissenCarquest
Super Contributor.

Re: Cost values in Project work plan

The time sheet is approved by the project manager, as in the project types we have this option checked

" Time logged against this project must be approved by the project representative from the following group"

Participant group - Project managers

I don't see any approve button for the Billing approver, and can you please let me know how does the billing approver close the approved time sheets.

 

Thanks,

Kalyan.

Pogonchev
Micro Focus Expert

Re: Cost values in Project work plan

Hi Kalyan,

 

The Billing Approver can freeze or close the time sheet from the menu:

 

Open -> Time Management -> Time Sheets -> Freeze/Close Time Sheets

 

Regards,

 

Nikola

HPE Support

If you find that this or any post resolves your issue, please be sure to mark it as an accepted solution.
WissenCarquest
Super Contributor.

Re: Cost values in Project work plan

Hello Team,

 

Please find the attached doc, What We have project settings.

 

Thanks,

Kalyan.

Celil
Acclaimed Contributor.

Re: Cost values in Project work plan

Hi Kalyan,

These screenshots are good. But could ypu please sent us a timesheet screenshot and task's financials screen screenshot which time sheet entered.
Celil

IT Governance Professional
& PPM Solution Architect
WissenCarquest
Super Contributor.

Re: Cost values in Project work plan

Helo Celil,

 

Please find the attached docs, which you have requested. Could you please help me on this.

 

Thanks,

Prasad A

Celil
Acclaimed Contributor.

Re: Cost values in Project work plan

Hi Kalyan,

What is the schedule start and finish date of "Project Oversight" task ?
Could you please try to select "Work Plan task assignments represent the work load..." from project type in Cost and effort. Then wait 24 hour (for running services) then review Financial Summary.

PS: Please keep alive our forum via KUDOS the professionals


Celil

IT Governance Professional
& PPM Solution Architect
WissenCarquest
Super Contributor.

Re: Cost values in Project work plan

In the project settings page, under financial summary section we have checked "Enable Financial Management for work plan ", then we have selected Planned labor costs on the work plan will be: Automatically calculated based on scheduled effort and rates  and Actual labor costs on the work plan will be: Automatically calculated based on actual effort and rates .

 

when this was the settings, we don't see the planned cost for the tasks in the workplan also. and the cost health box is blank. We don't have Green or orange or red, we have only Scheduled and Issues with green box.

 

Hope this will give more information for debugging the issue.

 

Thanks,

Kalyan.

Celil
Acclaimed Contributor.

Re: Cost values in Project work plan

unfortunately these information didn't contribute to solve the issue. It's very difficult issue.

Could you please try to select "Work Plan task assignments represent the work load..." from project type in Cost and effort. Then wait 24 hour (for running services) then review Financial Summary.

Celil

IT Governance Professional
& PPM Solution Architect
WissenCarquest
Super Contributor.
Solution

Re: Cost values in Project work plan

Today we have applied the SP4 patch on PPM 9.1 and the issue got resolved.

 

Thanks,

Kalyan.