Remaining Cost (Expenses)

Remaining Cost field

The remaining total cost for the activity, including labor resources, nonlabor resources, and project expenses.

Before actual expenses are made, the remaining cost should be the same as the planned cost.

While the activity is in progress, the remaining cost should be updated to reflect the estimated remaining cost required for the expense. After the expense is completed, the remaining cost should be zero.

Calculated as Remaining Labor Costs plus Remaining Nonlabor Costs plus Remaining Expense Costs.