Resource and Cost Progress

In addition to entering information about the schedule status of activities, you can enter information about resource costs, usage, and forecasts.

Open Plan uses this information to calculate project costs that can be displayed in views such as a cost histogram. If you enter a value for the physical completion of an activity, you can also use this cost information to calculate the earned value of a project.

Open Plan does not restrict you to entering progress for budgeted resources only. For example, assume that you planned to use one resource for an activity but actually used another. Instead of returning to the original assignment, deleting it, and entering an assignment for the new resource, you can set the remaining quantity of the original assignment to the appropriate level and enter progress information for the unbudgeted resource.

You can also enter costs that are not associated with any resource. Entering costs not associated with a resource allows you to define costs at the activity level. These costs can be reported separately from the costs you have entered at the resource level.

You can make as many entries for a specific resource as you wish. Each entry consists of a date or a pair of dates defining the period for the cost and then the actual usage or costs. It is also possible to enter a forecast of remaining usage for a resource. Once you enter progress for a resource and save your changes, Open Plan automatically rolls up the information for the resource, displays the results in the Previous field, and clears the entry fields.