Costing of material resources
Material resources are calculated based on units of usage. For example, if a bag of cement costs $20, then five bags, when consumed by an assignment, will cost $100. Sometimes, material resources will incur an additional one-time additional cost. Continuing with the same example, an additional cost of $75 is incurred for delivering the cement bags. These one-time costs can be clubbed under the Cost/Use column. While these were some simple examples, we will see some more costing variations in our hands-on project. We will start with the most common use case of variable material costs in the next section.
Variable costs
The first material resource in our project is Monitoring Software, for which costs are now attached in the RESOURCE SHEET view, as shown in the following screenshot:
Figure 15.14 – Variable cost for material resources
There are a few important points to note about this material costing, as follows:...
