Your use the project job-to-date labor budget to track all labor to be charged to a project. Use this tab to establish your labor costs. If your system administrator enabled reporting at burdened rates, this is the Labor Burden tab.
Contents
| Field | Description |
|---|
| Start Date
|
Enter the start date for work on this labor code or click
 and select a date.
|
| End Date
|
Enter the end date for work on this labor code or click
and select a date.
|
| Overall % Cmplt
|
You can enter an overall percent complete for the entire project in this field. If you do so, the percentage you specify here overrides the overall percent complete that Vision calculates.
|
| Lab % Cmplt
|
For any project, you can define an overall labor percent complete, an overall expense percent complete, or both:
- You define the overall labor percent complete here in the
Lab % Complt field.
- You define the overall expense percent complete in the
Exp % Complt field on the Expense Billing tab or Expense Costs tab.
|
| Project Currency
|
This field shows the three-digit currency code, such as USD or EUR, for the project currency.
|
Labor Costs Grid
| Field | Description |
|---|
 Insert
|
Click this option to insert a row beneath the current row.
|
 Delete
|
Click a row and then click this option to delete it.
|
| Labor Code
|
Your labor budgets are based on labor codes. You can insert a new row to add a new budget line for any labor code that is valid for the current project. If you are inserting a row, you can enter a labor code in this field or click
 and select a labor code from the lookup.
|
| Description
|
This field shows the labor code description associated with the labor code you specify in the
Labor Code field.
|
| Pct Complete
|
Enter your estimate of how far work has progressed on the project for this labor code. Deltek recommends that you update the percent complete on a regular basis.
|
| Hours
|
Enter the job-to-date budgeted number of hours for work to be performed under the labor code for the project.
|
| Rate
|
Enter the job-to-date budgeted rate for work to be performed under the labor code for the project. This rate is stored as the cost rate. The rate displays with four digits to the right of the decimal point.
|
| Amount
|
This is the budgeted monetary amount for the labor to be charged to the labor code for the project. Vision calculates this amount, based on the hours and rate. You can override the calculated amount by entering a different amount in this field.
|
| EAC Hrs
|
Estimate at Completion Hours
Enter your estimate of the total number of hours that will have been worked at the completion of the project, as reported for this labor code.
|
| EAC Amt
|
Estimate at Completion Amount
Enter your estimate of the total cost amount that will have been incurred at the completion of the project, as reported for this labor code.
|
| ETC Hrs
|
Estimate to Complete Hours
Enter your estimate of the total additional hours — beyond those worked to date — that are required to complete the work for this labor code.
|
| ETC Amt
|
Estimate to Complete Amount
Enter your estimate of the total additional cost amount required to complete the work for this labor code.
|
| Start Date
|
Enter the start date for work on this labor code or click
and select a date.
|
| End Date
|
Enter the end date for work on this labor code or click
and select a date.
|
| JTD Hours
|
This field shows the actual hours reported, job-to-date, for this labor code, as calculated at the most recent posting.
|
| JTD Spent
|
This field shows the actual cost amount spent, job-to-date, for this labor code, as calculated at the most recent posting.
If your firm uses the Multicurrency feature, this amount displays in the project currency of the project selected.
|
