Specify Cost and Billing Rates for Plans

To specify the budget type, the cost and billing rate methods, tables, and multipliers, and other settings to use for the currently selected project plan, display the Plan Settings dialog box.

To specify rate information that is used to calculate planned cost and/or billing amounts:

1. In the Navigation pane, go to the Hubs section and click Projects.
2. Select the project for which you want to enter rate information.
3. Switch the Project/Plan toggle to Plan.
4. On the Actions menu, click Plan Settings.

   If the plan is not already checked out to you, this action automatically checks it out.

5. On the General tab, select the budget type for the plan.
6. On the Labor, Expenses, and Consultants tabs of the Plan Settings dialog box, specify the rate methods, rate tables, and multipliers that you want to use to calculate plan amounts.

   To recalculate existing plan amounts based on your entries, also select the corresponding Recalculate Planned Cost or Recalculate Planned Billing check boxes.

7. Click Save.
8. When a message displays asking you to confirm that you want to save your entries, click Yes.