cost for non-working time

E

ellebelle

I want to set public holidays in my schedule for the standard calendar. This
would mena nobody works on a public holiday and therefore the number of days
worked will be correct. However, we pay people for public holidays.

Is there a way to inlcude public holidays (non-workiing time) in the cost?

Ellleblee
 
S

Steve House

The project costs are not the overall payroll costs to the firm of employing
a resource. Project's costs are the costs of doing the work, not of
employing the resource and and cover only that portion of their salary that
covers the work that directly contributes to the project outcome. So while
your paid holidays are certainly real costs to the firm, they come under the
category of overheads that would acrue even if you weren't doing the project
and as suchshould not be counted in the project's budget. In some respects
they're more like rent on the company's office buildings, etc, that are just
a part of the cost of doing business. If I have an engineer who earns 5,000
a month and in a certain month he works 1 hour on a given project, the rest
of the time working on another project going on at the same time, his
resource cost to MY project is only about $25, not $5000. You could "fudge"
the resource's rates so the number would come out closer but the IMHO best
solution is to accept that Project's resource costs are not the same thing
as payroll costs and not use Project to try to track payroll.
 
J

Jim Aksel

We use fully wrapped rates for the resources which would include this type of
overhead.
 

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