Updating resource costs

The IT portfolio management workspace contains resource costs. You can update these costs to meet your requirements.

Before you begin

Update your resource profiles and resource rates. For more information, see "Updating resource profiles" and "Updating resource rates."

Procedure

  1. Click Configure > Attributes > Allocations > Resource Cost. The default value is as follows:
     ='Allocated Developers' * 'Rates!Developer!Resource Rate' + 'Allocated Testers' * 'Rates!Tester!Resource Rate' + 'Allocated Project Managers' * 'Rates!Project Manager!Resource Rate' + 'Allocated Technical Writers' * 'Rates!Technical Writer!Resource Rate' + 'Allocated Designers' * 'Rates!Designer!Resource Rate'
  2. Update the calculation to reflect the changes that you made to the resource profiles and resource rates. For each resource profile, multiply the allocated resources by the rate:
    'Allocated Developers' x 'Rates!Developer!Resource Rate'
    In this example, ‘Allocated Developers' refers to the name of the attribute in the Hidden Attributes section of the Allocations modules where you calculate the sum of the allocated resources. ‘Rates!Developer!Resource Rate' refers to the rate for the corresponding resource profile in the Rates module.

    Update the resource name only. For example, ‘Rates!Documentation!Resource Rate'

    .

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