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Reply To: Representing a fixed cost contract with a cost resource.

Home Forums Discussion Representing a fixed cost contract with a cost resource. Reply To: Representing a fixed cost contract with a cost resource.

#430675
jeff Heath
Member

I would attack that situation like this:
1) In the resource sheet, establish that resource’s rate as $0
2) Also in the resource sheet, establish a cost resource name them Task 1, Task 2, Task 3
3) Assign the “work” resource to the tasks
4) At the bottom of the schedule let’s create a section called Invoices
5) Under Invoices create 3 recurring milestone tasks. each milestone is aligned to the completion of the 3 tasks
6) Assign the cost resources to the corresponding Milestone task
7) Got Task Usage View, Insert cost column and plug in the resource’s expected cost for each of the cost resources
8) Progress invoice tasks when the task is complete