Hello All,
I want to apply a Fixed Price Cost to my activities. For example
Foundation
Original Duration = 10 days
Fixed Price Cost for this activity = $10000
QUESTION:
1) How do apply the fixed price cost to this activity?
2) When i progress the activity in future, say 20% completed, duration remaining = 8 days, the actual cost will automatically change to $2000 and the remaining cost will change to $8000
3) The problem is, I know there are ways to change the cost unit to say $1000/day so it will calculate the actual cost and remaining cost when i progress the activity but i want a fixed price cost for every different activity. For example if i set the cost unit to $1000/d then i have a different activity with 20d duration with the exactly same cost $10000, and the next activity is 30d duration with the exact same cost, this is why i cannot use the cost/unit formula.
4) From all the points above, is there a way for P6 to assign a fixed cost to activities and update the actual costs automatically when i assign progress in the future, either by duration remaining / physical % complete / duration % complete?
Thank you so much for your help, i have been struggleling to produce this assignment.
Many thanks
Mike