Assigning Resource Rates

Use this procedure to assign rates to resources. You can assign multiple rates to resources to reflect price changes over time. For example, suppose the price per unit for a group of resources was $20.00 per hour for the months January through June, but the price rate increases to $30.00 starting in July through December. You can assign time-varying rates for resources to more accurately determine total resource (and activity) costs.

To assign resource rates:

1. On the Navigation Menu, expand Resources and click Administration.
2. On the Resources page, click Resources.
3. On the Resources tab:
   1. Click a resource.
   2. Click the Units and Prices detail window.
4. In the Units and Prices detail window:
   1. Click Add.
   2. In the Effective Date field, double-click to open the calendar and choose a date and time to start the new rate.
   3. In the Max Units/Time field, double-click and type the maximum work units per time for this resource.
   4. In the appropriate price fields, double-click and type an amount. The default time period is price per hour unless you specify another time period.
5. Click Save.