Average Costs of Tasks
costs of tasks is a key performance indicator that shows the expenses amount
calculated by dividing the total cost of tasks by the number of tasks. Average
costs of tasks include task fixed cost, i.e. set task expenses that always
remain unchanged over the task or project lifecycle and the costs that depend
on the resource performance. This KPI helps to estimate if the company expenses
are under or over the budget.
If you need
to calculate average costs of tasks, please do the following:
- Depending on your company needs you may track
the following types of costs of tasks:
Cost – VIP Task Manager Professional can automatically calculate
actual cost by the formula:
Actual Cost = (Actual Work * Standard Rate) +
(Actual Overtime Work * Overtime Rate) + Resource per Use Costs + Task Fixed
can be automatically calculated by the
Cost = Actual Cost + Remaining Cost
- Costs – the values of this
custom field are arbitrary and are entered manually:
- Go to:
Tools/Custom fields and press "Ins" button
"Title" field enter "Costs"
- in "Code"
field enter "cf_costs"
field select "Currency" and click "Ok" button
To display the
value of custom fields "Costs" on Task List or Task Tree please go to Task List
or Task Tree, Task List Columns or Task Tree Columns button and check the custom field "Costs".
- Set footer to display the average costs for a
given project or to-do list:
click under column "Actual Cost", "Cost" or "Costs"