Many people use P6 for just dates and for cost they use someother tool. Anyhow to use cost in P6, there are few ways to do it.
Cost are basically entered in two ways.
1. Resource based Cost
2. Non-resource based cost
In resource based cost, create resources (eg: Excavator, Structural Engineer) and allocate man-day rates. Then assign these resources to activities. For example, if structural engieer cost $500 a day, and you assign him to an activity of 10 day duration, then the cost of the activity becomes $5000 (10 Days X $500 a day)
Non-resource based cost, are basically the expenses module in P6, where you can put in ad-hoc expenses, travelling expenses etc and tie it to an activity.
Hence by assigning cost at the activity level, rolls up to the WBS and then onto the Project.
Member for
17 years 4 monthsRE: How I can calculate the cost by using P6?
Thanks Alot Mr. Franklin
Member for
17 years 1 monthRE: How I can calculate the cost by using P6?
Hi Mohd,
Many people use P6 for just dates and for cost they use someother tool. Anyhow to use cost in P6, there are few ways to do it.
Cost are basically entered in two ways.
1. Resource based Cost
2. Non-resource based cost
In resource based cost, create resources (eg: Excavator, Structural Engineer) and allocate man-day rates. Then assign these resources to activities. For example, if structural engieer cost $500 a day, and you assign him to an activity of 10 day duration, then the cost of the activity becomes $5000 (10 Days X $500 a day)
Non-resource based cost, are basically the expenses module in P6, where you can put in ad-hoc expenses, travelling expenses etc and tie it to an activity.
Hence by assigning cost at the activity level, rolls up to the WBS and then onto the Project.
Hope this answered your question.