Recalculate Activity Costs
Cost values on the Activities page may need to be recalculated as the project progresses and users make changes to the schedule, activities, resource and role assignments, and earned value baseline. While many cost values are recalculated automatically, some cost calculations include values from other pages and must be run manually. Recalculating costs ensure the Activities page shows the most up-to-date cost information. Before recalculating project costs, you should always schedule the project to update the field values used in the calculations.
Note: You must have the project-level Enable privilege for Recalculate Project Costs in the Cost Permissions category to recalculate costs.
For more information on cost values that are recalculated automatically and cost values that must be recalculated using Recalculate Costs, see Recalculate Costs Overview.
To recalculate activity costs:
- Navigate to the project Activities page
- In the object selector, select ﱆ Project, select View Projects List, and then select a project name.
- From the Main Menu, select Schedule, and then select Activities.
- Select the Actions menu, and then select Recalculate Costs.
- In the Confirm dialog box, select Yes to run the recalculation process.
Tips
- You can recalculate costs for the current schedule, a baseline, or a scenario. Costs are only recalculated for the schedule, baseline, or scenario that is currently open.
- After you recalculate activity costs, open the recalculate costs log to view some basic data and statistics about the process, including start and finish date, the project it was run on, and whether resource assignment costs and activity costs were recalculated. If you enabled calculating project usage spreads when running recalculate costs, open the project usage log to view basic data about the process, including start and finish dates, the project it was run on, and whether the process was a success. You can access the logs from the notifications panel, Inbox, and the Manage Services page.
- When scheduling your project or leveling your resources and roles, you can select the Recalculate costs upon completion option to automatically recalculate costs after they are run.
Last Published Wednesday, October 16, 2024