Adjust Cost and Bill Rates for a Project Enterprise Resource

Project application administrators can adjust resource cost and bill rates for project enterprise labor resources.

Adjusting Rates for One Resource

To adjust cost and bill rates for one resource:

1. In the Setup and Maintenance work area, go to the Manage Project Enterprise Resources task.

2. Select the resource and on the Manage Project Enterprise Resources page.

3. Click Edit to open the Edit Project Enterprise Resource window.

Adjusting Rates for Multiple Resources

To adjust cost and bill rates for multiple resources:

1. Select the resources and click Adjust Resources on the Manage Project Enterprise Resources page.

2. In the Adjust Resources window, select one or both rate types in the Resource Attribute drop-down list.

3. Enter new rates in the Cost Rate and Bill Rate fields and click Save and Close.

   The new rates apply to all resources listed in the Adjust Resources window.

Note:

You can't change currency in the Adjust Resources window.

Adjusting Cost Rates for All Resources in a Business Unit

If you use Project Financial Management applications, you can adjust cost rates for all resources in a business unit as follows:

1. Select the resources on the Manage Project Enterprise Resources page.

2. In the Actions menu, select Update Resource Cost Rates.

3. Select the business unit, resource class rate schedule, and effective rate date.

4. Click Update Resource Cost Rates to run a process to update the cost rates for all project enterprise resources within a business unit, using the selected rate schedule.

Note:

The Update Resource Rates for Project Enterprise Resources process updates cost rates only for employees and contingent workers.