Important Concepts

When using resource pages in PeopleSoft Program Management, you need to understand these concepts:

Term	Definition
Part-Time Assignment	An assignment in which a resource's schedule allocation for a project is less than 100 percent of the time that is scheduled for the project. For example, a project manager assigns a resource to a project that is two weeks long (80 hours total). The project manager can assign the resource for 50 percent of the time, which indicates that the resource will work for only 40 hours on that project.
Resource Class	Categorizes resources. Each resource class possesses unique attributes and requires different calculations for cost purposes. The system recognizes four types of resources: labor, material, assets, and other.
Work	Measures the amount of effort, in hours or days, that an activity requires. Applies only to labor resources.
Actual Work	Tracks the amount of time that a resource has currently expended working on an activity. The system updates this value based on time that is entered and approved in PeopleSoft Expenses.
Remaining Work	The amount of time that is left to complete an activity. Remaining work equals (Work) − (Actual Work).
Schedule Method	Determines what element of a schedule remains constant when one of the three scheduling variables (work, duration, or units) changes. The schedule method determines which variable of the equation (Duration) = (Work) ÷ (Units) is held constant when a schedule is recalculated.
Unit	Indicates the percentage of the resource's time that is assigned to an activity. The higher the number of units for a resource on an activity, the less available the resource is in a given day to work on other activities. This percentage applies only to labor resources. For asset, material, and other resources the unit is defined by the unit of measure (UOM).