0

I have successfully implemented fixed costs for a few of my tasks, one of them being accommodation cost which is a "one off" cost. However, how do I input fixed costs for tasks which rely on the duration?

For example, one of my tasks involves renting special machinery for 2 days (which is my duration), the cost of renting this equipment is £13,500 per day. So how do I work out the cost, baring in mind that 2 days is the estimated period, in best case scenario the task may take one day,in worst case scenario it may take four days.

So how do I input renting costs? do I just calculate them based on the duration so £13,500 x 2 (days) .. making the fixed cost of £27,000?

  • I'm not sure "atone" is the right word, unless there are sins involved; perhaps 'account'? – Mark C. Wallace Mar 5 '15 at 21:00
1

Consider using a material resource with a cost of 13500. Then assign the material resource at 1/day in the task form.

In the Resource Names column it should look like this: Auger[1/day]

*Additionally, if there is a fixed cost plus a daily cost ($10,000 + $3,500/day) you can show this by entering $10,000 into the Cost Per Use column of the Resource Sheet and entering $3,500 into the Std. Rate column.

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Not the answer you're looking for? Browse other questions tagged or ask your own question.