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Not able to add Project Planned Cost into the project task

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Posted on by sandipmaiyani

Hello Everyone I am new to PSA and I am just trying to add Planned Cost for the scheduled task but I am not sure where should I put that one. As of now, I am directly trying to add it into the schedule section where we add start/end date, duration but when I add planned cost in that one and refresh the page Planned cost is not showing on Otherside all other information(start/end date, duration ) is still there.

For more understanding I have attached a screenshot of the place where I am trying to add planned cost so please have a look and let me know where I should add that cost?

Thanks in advance 7506.Screenshot-2022_2D00_03_2D00_18-155350.png

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Matthew Lazowski 3,163 on at

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RE: Not able to add Project Planned Cost into the project task

It may be worth getting familiar with training materials on how to do this: docs.microsoft.com/.../5-sales-management. It is for PSA 4.0 (aka Project Operatrions) but it is similar in PSA 3.x also.
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Nya 29,058 on at

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RE: Not able to add Project Planned Cost into the project task

Hi,

Initially on the task creation: Planned cost will be set to the Estimated cost at complete. Once Actuals are recorded on the task, the following will be calculation on the Tracking view for Effort

Progress percentage = Actual effort spent to date ÷ Estimate at complete (EAC)

Estimate to complete (ETC) = Estimate at complete (EAC) – Actual effort spent to date

EAC = Remaining effort + Actual effort spent to date

Projected effort variance = Planned effort – EAC

Project Service Automation shows a projection of the effort variance on the task. If the EAC is more than the planned effort, the task is projected to take more time than was originally planned. Therefore, it's behind schedule. If the EAC is less than the planned effort, the task is projected to take less time than was originally planned. Therefore, it's ahead of schedule.

For more details, please refer to the following documentation:

Project cost tracking | Microsoft Docs