Total Cost of Projects

Total Cost of Projects

Total cost of projects is a key performance indicator that shows the total amount spent on all tasks in a project.  Total costs of tasks is the sum of 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. Among the purposes of using this KPI are the following:

• estimate if the company expenses are under or over the budget on the level of projects
• determine the progress of the company over some time span.

If you need to calculate total costs of projects, please do the following:

• To enable the displaying of total costs for projects follow the steps described at:

http://www.taskmanagementsoft.com/products/taskmanagerpro/tutorials/customization-guide/total-cost-of-tasks.php

• To enable the displaying of the total costs of projects select the root or parent task group and click "Custom fields options"



• In "Edit custom fields options" window select the following options:
  • select custom field name that shows the project cost, for example "Actual Cost"
  • select "Enable"
  • check "Aggregated (for task group)
  • select "Sum" and the custom field name "Actual Cost"
  • click "Ok" button