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Modifying Resource Rates of Pay

In this exercise youll revise the pay rates for these two project team members, then examine the effect of
these changes using project statistics.

1. Open Home Construction Project 3D.

This project plan is similar to that used in the prior exercise, except that resources have been
assigned to all tasks. The Timescale has been set to display the entire project.

2. Choose ProjectPropertiesProject InformationStatistics.

After assigning resources to all tasks in the project plan, project duration is estimated at 95
days, work is estimated at 1,066 hours, and cost is estimated at $91,760.00.

(Note that this plan does not yet reflect the costs of materials.)

3. Close the Project Statistics dialog box.

Next, display a list of tasks assigned to the project architect, Michelle Elizabeth.

4. Choose ViewResource ViewsResource Usage to display the Resource

Usage view.

Examine the four tasks assigned to Michelle Elizabeth. The last three are not architectural
tasks, but are instead related to her apprentice interior designer role. They should be accounted
for at the lower apprentice rate.

5. In the Resource Usage view, right-click on Michelle Elizabeth and from the shortcut menu
click Information.

The Resource Information dialog box for this resource is displayed.

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Follow the steps below to create a second cost table for Michelle Elizabeth:

A. Click the Costs tab.

B. Choose the B cost rate table.
C. In the standard Rate column, type 50/h, and tap (Enter).
D. Click OK.

Youve now created a second cost table for Michelle Elizabeth at a payment rate of $50/hour.

6. Now youll assign this cost table to three of Michelle Elizabeths four tasks. Under Michelle
Elizabeths name, right-click the task Paint interior walls and ceilings.

7. From the menu displayed choose Information.

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8. Use the following steps to assign a cost rate table to this task:

A. Click the General tab.

B. Select cost rate table B from the pull-down list.
C. Click OK.

9. Using the same technique, apply Cost Rate Table B to the next two tasks under Michelle
Elizabeths name: Install flooring and carpeting and Install appliances.

Now all work performed by Michelle Elizabeth on these three tasks will be accounted for at the
lower table B cost.

10. Choose Paul Jacob, the construction supervisor, as the Resource.

Youll now assign a pay increase to him. In this case, you do not need to create a separate cost
table; instead, modify his default cost table A to reflect a pay increase with an effective date of
8/1/14.
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11. Right-click on Paul Jacob and from the shortcut menu choose Information.

The Resource Information dialog box for this resource is displayed.

12. Follow the steps below to schedule a pay increase for this human resource:

A. Click the Costs tab.

B. Choose the cost rate table A tab.
C. Enter the values shown above for the Effective Date, Standard Rate, and Overtime Rate
columns, and tap (Enter).
D. Click OK.

Now all work performed by Paul Jacob on or after 8/1/14 will be accounted for at the higher
rate.
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13. Choose ProjectPropertiesProject InformationStatistics.

Notice that the estimated cost is now $88,060.00, a reduction of over $3,000. The changes that
you made to resource cost tables will affect the estimated costs for the entire project.

14. Close the Project Statistics dialog box.

15. Save the file and close it.