Recost enables you to perform the cost calculations in an activity sheet, for type selected (i.e., current schedule or baseline schedule). Upon initiating this option, Unifier refreshes the rates for Price/Unit for each assignment, based on the rate source from the rate sheet assigned using the latest rates present. The field will be updated (or used) in recost according to the following rules:
- If the rate source is Resource, then Unifier gets the corresponding data from the resource rate sheet.
- If the rate source is Role, then Unifier gets the corresponding rate from the role rate sheet.
- If the rate source is Override, then Unifier update the Price/Unit and uses the Price/Unit for the respective assignment present in the Activity Sheet.
This functionality applies to Resource loaded projects. Recost for Cost-loaded Projects also takes care of applying the exchange rates for Cost fields if P6 Currency is different than Unifier Company Currency or Shell Currency. Use Recost to perform cost calculations in the Activity Sheet for the schedule type selected (current or baseline).
Note: Recosting cannot be performed on Duration-based projects.
By default, the Master Rate Sheet is used to perform costing; however, if a shell level rate sheet is assigned, then values are derived from it instead.
When you activate recost, the following fields (within activities and assignments) are refreshed using the spread data and rates from the assigned rate sheet.
See the following topics for details:
The values are taken from the baseline or the corresponding baseline values from the current schedule.
The activity attributes are re-calculated by using the spread data and rates from the assigned rate sheet.
The corresponding values at the activity level are calculated by rolling up the values from the assignments.
Note: For recosting, if price/unit and resource/role rates are not defined in the Activity Sheet, a default value of 0 is used, and a warning is displayed. If the values are defined, then the project currency is used for the calculations. The rate is multiplied by the number of units to get the cost.
Unifier applies the following logic to recosting:
The calculations are triggered while doing the re-costing for Activity Sheet. Once Unifier receives all the rates, Unifier proceeds according to one of the following scenarios:
Scenario One
Resource Currency = Company Currency = Shell Currency
No changes are required.
Scenario Two
Resource Currency <> Company Currency = Shell Currency
Unifier calculates all the spread data (currency fields) that is present in the Activity Sheet (in the company currency) by using the resource/role rates applicable at each spread Data Date field.
If the resource rate currency is different from the company currency, then the exchange rate will be applied at each spread Data Date field to calculate the spread data.
The spread data will then be rolled up to the respective currency field.
These calculated values in the company currency are used to calculate any dependent field (for example, CPI, SPI, etc.) as part of recosting.
Scenario Three
Resource Currency = Company Currency <> Shell Currency
Unifier calculates all the spread data (currency fields) that is present in the Activity Sheet (in the company currency) by using the resource/role rates applicable at each spread Data Date field.
The spread data will then be rolled up to the respective currency field.
These calculated values in the company currency are used to calculate any dependent field (for example, CPI, SPI, etc.) as part of recosting.
Note: Only Scenario Three is applied to the cost-loaded.
The values in the shell currency will be calculated by using the applicable exchange rate for that shell currency at each spread Data Date field for all currency fields. Unifier uses these values to calculate any dependent field (for example, CPI, SPI, etc.) as part of recosting.
Note: Despite being in the Activity Sheet user interface, you can only see the Activity Sheet data in the Shell currency.
Scenario Four
Resource Currency <> Company Currency <> Shell Currency
Apply the steps indicated in Scenario Two and then apply the steps indicated in Scenario Three.
The Recost action must be manually triggered by the user after the following actions are performed in the Activity Sheet, or the Rate Sheet:
1. Assign CBS.
2. Assign Rate Source.
3. Assign Price/Unit.
4. Update Data in actions button inside the activity sheet.
5. Changes in Rates for any of the resources/roles in Rate Sheet in case the resources/roles are referred in Assignments.