Project Costs

A significant aspect of building a work breakdown structure for a project is to assign estimated costs to each project task so that you can calculate the total cost of the project. Obtaining accurate cost information is a prerequisite for creating a good project budget and providing a price quote to the customer. JD Edwards EnterpriseOne Engineer to Order tracks estimated, planned, budgeted, and actual costs.

To obtain planned costs for a manufacturing task, you must attach a parts list and routing instructions to the work order by running the Order Processing program (R31410) for work orders.

Note: You can run the Order Processing program either for an individual work order task or for the entire project. You access this functionality by using the appropriate task or project actions.

See "Working with Work Orders and Rate Schedules, Processing Work Orders and Rate Schedules" in the JD Edwards EnterpriseOne Applications Shop Floor Management Implementation Guide.

In the project attributes, you can specify that the system enables you to obtain the cost information for the WBS by running this process without allocating inventory to the project at this point. You can also select to override previously entered estimated costs with planned costs to get the most up-to-date cost information. This step is necessary if you select to build a quote from the information in the estimated cost, not the planned cost, columns.

To obtain cost information, you must:

  • Select the appropriate option in the project attributes.

  • Select the Override Estimate value in the More Task Actions field on the Project Workbench form.

You cannot enter or change actual costs on the Project Workbench. When you run the Rollup of Actual Costs to Workbench program (R31P301), the system updates actual costs from the cost data that you provide as the project progresses, such as when you enter labor costs in the Work Order Time Entry program (P311221). Budgeted cost is represented as a single Budgeted Cost column. When you accept the quote in the Project Workbench program (P31P001), the system copies the total estimated cost into this field.

The system stores all of these costs in the F4801 table, and the Work Order Master Tag table (F4801T).