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MS Project: Tracking Project Costs
How to use MS Project to stay on budget.Preview the first lesson free — get full access to all 6 lessons.
Advanced Provider : Elissa Smith 6 Lessons · 14m in Arabic, German, English, Spanish, French, Portuguese, Chinese
Course Description
One responsibility of a project manager is to stay on budget. In this course you will explore the advanced functions of MS Project that will track costs, such as setting default currency, assigning resource costs, setting detailed costs, and viewing costs by task. You’ll gain an understanding of applying fixed costs to tasks and what happens when costs vary. You’ll also see how to view the overall cost for your project and turn off automatic cost calculations.
What You'll Learn
- Set currency defaults in MS Project
- Assign and track resource costs, including detailed costs in the resource sheet
- View costs associated with tasks and apply fixed costs to tasks
- View the overall cost for your project
- Turn off automatic cost calculations
Key Takeaways
- Staying on budget is one of the responsibilities of a project manager.
- MS Project offers advanced functions for tracking costs, including setting default currency, assigning resource costs, and viewing costs by task.
- Fixed costs can be applied to tasks, and the course covers what happens when costs vary.
- MS Project lets you view the overall cost for a project and turn off automatic cost calculations.
Frequently Asked Questions
What does this MS Project course cover?
It explores the advanced functions of MS Project for tracking costs, including setting default currency, assigning resource costs, setting detailed costs, viewing costs by task, applying fixed costs to tasks, viewing overall project costs, and turning off automatic cost calculations.
Who is this course for?
It is aimed at project managers, since staying on budget is one responsibility of a project manager that the course addresses through MS Project's cost-tracking functions.
What skills will I gain from this course?
The course builds skills in cost management, financial project management, Microsoft Project, project accounting, and project cost management.
What topics are taught in the lessons?
Lessons cover Setting Currency Defaults, Resource Costs, Detailed Costs in the Resource Sheet, Viewing Costs with Tasks, Applying Fixed Costs to Tasks, and Viewing Costs for the Overall Project and Turning Off Automatic Cost Calculations.
