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Baseline Budget Cost fields
 

The Baseline Budget Cost fields display the originally planned budget for budget cost resources (cost resources: Resources that don't depend on the amount of work on a task or the duration of a task, such as airfare or lodging.). Budget resources (budget resource: A budget resource captures the maximum capacity for a project to consume money, work, or material units for a project. Budgets can only be applied at the project level by assigning a budget resource to the project summary task.) are assigned only to the project summary task (project summary task: A task that summarizes the duration, work, and costs of all tasks in a project. The project summary task appears at the top of the project, its ID number is 0, and it presents the project's timeline from start to finish.). The Baseline Budget Cost fields show the total costs budgeted for the project. The timephased (timephased: Task, resource, or assignment information that is distributed over time. You can review timephased information in any available time period in the fields on the right side of the Task Usage and Resource Usage views.) versions of these fields show these same costs distributed over time. You can use the Baseline Budget Cost fields to compare the baseline budgeted costs with the current budgeted costs and planned costs for the project.

There are several categories of Baseline Budget Cost fields. Learn more about field categories.

ShowBaseline Budget Cost (task field)

Data Type  Currency (currency field: A type of field whose content is expressed as a cost. Examples include the Actual Cost and Fixed Cost fields. The maximum value allowed in this field is 999,999,999,999.99.)

Entry Type  Calculated or entered (calculated or entered field: A field in which the value is determined by Project based on information in other fields. Information that you enter in the field yourself overrides calculated values.)

How Calculated  When you assign a cost resource that is a budget resource to a project summary task (project summary task: A task that summarizes the duration, work, and costs of all tasks in a project. The project summary task appears at the top of the project, its ID number is 0, and it presents the project's timeline from start to finish.), and then enter a cost for the resource in either the Task Usage or Resource Usage view, Microsoft Office Project 2007 rolls up the total amount to the project summary task. The Baseline Budget Cost field contains $0.00 until you set a baseline (baseline plan: The original project plans [up to 11 per project] used to track progress on a project. The baseline plan is a snapshot of your schedule at the time that you save the baseline and includes information about tasks, resources, and assignments.) for the project. When you then save a project baseline, this value is saved in the Baseline Budget Cost task field.

Best Uses  In a task sheet, show the project summary task and add the Baseline Budget Cost field and the Budget Cost field to compare the original planned total budget costs against the currently scheduled or actual budget costs. Reviewing variances, you can see how budget costs are changing throughout the life of the project.

Example  Work started on your project two months ago, when you first saved the project baseline. Now you want to compare the Baseline Budget Cost field with the current Budget Cost field. In the Task Sheet, you show the project summary task, and then add both the Baseline Budget Cost and Budget Cost fields to analyze your budget cost variances and determine whether you're on track or need to make any adjustments.

Remarks  The Baseline Budget Cost field shows information for cost resources, but not for work resources (work resource: People and equipment resources that perform work to accomplish a task. Work resources consume time [hours or days] to accomplish tasks.) or material resources (material resource: The supplies or other consumable items that are used to complete tasks in a project.). To see baseline budget work information for work or material resources that have been assigned to the project summary task, add the Baseline Budget Work field to the task sheet.

To show the project summary task, on the Tools menu, click Options. On the View tab, select the Show project summary task check box.

To save a baseline plan, on the Tools menu, point to Tracking, and then click Set Baseline. Make any adjustments in the dialog box if necessary, and then click OK.

After you save a baseline, you can still edit baseline budget cost. However, edited baseline values do not cause any recalculation of baseline budget cost fields. The purpose of saving a baseline is to capture a "snapshot" of the project plan at a moment in time. Editing baseline values can change the integrity of your information and result in misleading conclusions from variance analyses.

ShowBaseline Budget Cost (resource field)

Data Type  Currency (currency field: A type of field whose content is expressed as a cost. Examples include the Actual Cost and Fixed Cost fields. The maximum value allowed in this field is 999,999,999,999.99.)

Entry Type  Calculated or entered (calculated or entered field: A field in which the value is determined by Project based on information in other fields. Information that you enter in the field yourself overrides calculated values.)

How Calculated  When you assign a cost resource that is a budget resource to a project summary task (project summary task: A task that summarizes the duration, work, and costs of all tasks in a project. The project summary task appears at the top of the project, its ID number is 0, and it presents the project's timeline from start to finish.), and then enter a cost for the resource in either the Task Usage or Resource Usage view, Microsoft Office Project 2007 copies this amount into the Budget Cost resource field. The Baseline Budget Cost field contains $0.00 until you set a baseline (baseline plan: The original project plans [up to 11 per project] used to track progress on a project. The baseline plan is a snapshot of your schedule at the time that you save the baseline and includes information about tasks, resources, and assignments.) for the project. When you then save a project baseline, this value is saved in the Baseline Budget Cost resource field.

Best Uses  Add the Baseline Budget Cost field to a resource sheet when you want to review the originally planned total budget costs. If you also add the Budget Cost field, you can compare your original plan against the currently scheduled budget costs. Reviewing variances, you can see how the budget costs are changing throughout the life of the project.

Example  Work started on your project two months ago, when you first saved the project baseline. Now you want to compare the resource Baseline Budget Cost field with the current Budget Cost field. In the Resource Sheet, you add both the Baseline Budget Cost and Budget Cost fields to analyze your budget cost variances and determine whether you're on track or need to make any adjustments.

Remarks  The Baseline Budget Cost field shows information for cost resources, but not for work resources (work resource: People and equipment resources that perform work to accomplish a task. Work resources consume time [hours or days] to accomplish tasks.) or material resources (material resource: The supplies or other consumable items that are used to complete tasks in a project.). To see baseline budget work information for work or material resources that have been assigned to the project summary task, add the Baseline Budget Work field to a resource sheet.

To save a baseline plan, on the Tools menu, point to Tracking, and then click Set Baseline. Make any adjustments in the dialog box if necessary, and then click OK.

After you save a baseline, you can still edit baseline budget cost. However, edited baseline values do not cause any recalculation of baseline budget cost fields. The purpose of saving a baseline is to capture a "snapshot" of the project plan at a moment in time. Editing baseline values can change the integrity of your information and result in misleading conclusions from variance analyses.

ShowBaseline Budget Cost (assignment field)

Data Type  Currency (currency field: A type of field whose content is expressed as a cost. Examples include the Actual Cost and Fixed Cost fields. The maximum value allowed in this field is 999,999,999,999.99.)

Entry Type  Calculated or entered (calculated or entered field: A field in which the value is determined by Project based on information in other fields. Information that you enter in the field yourself overrides calculated values.)

How Calculated  When you assign a cost resource that is a budget resource to a project summary task (project summary task: A task that summarizes the duration, work, and costs of all tasks in a project. The project summary task appears at the top of the project, its ID number is 0, and it presents the project's timeline from start to finish.), and then enter cost for the assignment in either the Task Usage or Resource Usage view, Microsoft Office Project 2007 copies this amount into the Budget Cost assignment field. The Baseline Budget Cost field contains $0.00 until you set a baseline (baseline plan: The original project plans [up to 11 per project] used to track progress on a project. The baseline plan is a snapshot of your schedule at the time that you save the baseline and includes information about tasks, resources, and assignments.) for the project. When you then save a project baseline, this value is saved in the Baseline Budget Cost assignment field.

Best Uses  Add the Baseline Budget Cost column to the Task Usage or Resource Usage view when you want to review the originally planned budget cost. If you also add the Budget Cost column, you can compare your original plan against the currently scheduled budget cost. Reviewing variances, you can see how the budget cost values are changing throughout the life of the project.

Example  Work started on your project two months ago, when you first saved the project baseline. Now you want to compare the Baseline Budget Cost assignment field with the current Budget Cost assignment field. In the Task Usage view, you show both the Baseline Budget Cost and Budget Cost columns in the sheet portion of the view to analyze your cost variances and determine whether you're on track or need to make any adjustments.

Remarks  The Baseline Budget Cost field shows information for cost resources, but not for work resources (work resource: People and equipment resources that perform work to accomplish a task. Work resources consume time [hours or days] to accomplish tasks.) or material resources (material resource: The supplies or other consumable items that are used to complete tasks in a project.). To see baseline assignment budget work information for work or material resources that have been assigned to the project summary task, add the Baseline Budget Work field to the sheet portion of the Task Usage or Resource Usage view.

To save a baseline plan, on the Tools menu, point to Tracking, and then click Set Baseline. Make any adjustments in the dialog box if necessary, and then click OK.

After you save a baseline, you can still edit baseline budget cost. However, edited baseline values do not cause any recalculation of baseline budget cost fields. The purpose of saving a baseline is to capture a "snapshot" of the project plan at a moment in time. Editing baseline values can change the integrity of your information and result in misleading conclusions from variance analyses.

ShowBaseline Budget Cost (task-timephased field)

Data Type  Currency (currency field: A type of field whose content is expressed as a cost. Examples include the Actual Cost and Fixed Cost fields. The maximum value allowed in this field is 999,999,999,999.99.)

Entry Type  Calculated or entered (calculated or entered field: A field in which the value is determined by Project based on information in other fields. Information that you enter in the field yourself overrides calculated values.)

How Calculated  When you assign a cost resource that is a budget resource to a project summary task (project summary task: A task that summarizes the duration, work, and costs of all tasks in a project. The project summary task appears at the top of the project, its ID number is 0, and it presents the project's timeline from start to finish.), and then enter a cost for the assignment in either the Task Usage or Resource Usage view, Microsoft Office Project 2007 rolls down the total cost to the task-timephased (timephased: Task, resource, or assignment information that is distributed over time. You can review timephased information in any available time period in the fields on the right side of the Task Usage and Resource Usage views.) level. The Baseline Budget Cost field contains $0.00 until you set a baseline (baseline plan: The original project plans [up to 11 per project] used to track progress on a project. The baseline plan is a snapshot of your schedule at the time that you save the baseline and includes information about tasks, resources, and assignments.) for the project. When you then save a project baseline, this value is saved in the Baseline Budget Cost task-timephased field.

Best Uses  In the Task Usage view, click Detail Styles on the Format menu. To show the Baseline Budget Cost field on the timesheet portion of the view, move the Baseline Budget Cost field to the Show these fields box. This shows the breakdown of baseline budget cost for the project summary task spread out over time. If you also show the Budget Cost field in the view, you can compare the originally planned timephased budget cost information against the currently scheduled budget cost information.

Example  Work started on your project two months ago, when you first saved the project baseline. Now you want to compare the timephased Baseline Budget Cost field with the current Budget Cost field on the project summary assignment. In the Task Usage view, you add the Baseline Budget Cost field to the timesheet portion of the view.

Remarks  The Baseline Budget Cost field shows information for cost resources, but not for work resources (work resource: People and equipment resources that perform work to accomplish a task. Work resources consume time [hours or days] to accomplish tasks.) or material resources (material resource: The supplies or other consumable items that are used to complete tasks in a project.). To see baseline timephased budget work information for work or material resources that have been assigned to the project summary task, add the Baseline Budget Work field to the timesheet portion of the Task Usage view.

To save a baseline plan, on the Tools menu, point to Tracking, and then click Set Baseline. Make any adjustments in the dialog box if necessary, and then click OK.

After you save a baseline, you can still edit baseline budget cost. However, edited baseline values do not cause any recalculation of baseline budget cost fields. The purpose of saving a baseline is to capture a "snapshot" of the project plan at a moment in time. Editing baseline values can change the integrity of your information and result in misleading conclusions from variance analyses.

ShowBaseline Budget Cost (resource-timephased field)

Data Type  Currency (currency field: A type of field whose content is expressed as a cost. Examples include the Actual Cost and Fixed Cost fields. The maximum value allowed in this field is 999,999,999,999.99.)

Entry Type  Calculated or entered (calculated or entered field: A field in which the value is determined by Project based on information in other fields. Information that you enter in the field yourself overrides calculated values.)

How Calculated  When you assign a cost resource that is a budget resource to a project summary task (project summary task: A task that summarizes the duration, work, and costs of all tasks in a project. The project summary task appears at the top of the project, its ID number is 0, and it presents the project's timeline from start to finish.), and then enter the cost for this assignment in either the Task Usage or Resource Usage view, Microsoft Office Project 2007 rolls down this amount to the resource-timephased (timephased: Task, resource, or assignment information that is distributed over time. You can review timephased information in any available time period in the fields on the right side of the Task Usage and Resource Usage views.) level. The Baseline Budget Cost field contains $0.00 until you set a baseline (baseline plan: The original project plans [up to 11 per project] used to track progress on a project. The baseline plan is a snapshot of your schedule at the time that you save the baseline and includes information about tasks, resources, and assignments.) for the project. When you then save a project baseline, this value is saved in the Baseline Budget Cost resource-timephased field.

Best Uses  In the Resource Usage view, click Detail Styles on the Format menu. Show the Baseline Budget Cost field in the timesheet portion of the view to review the planned budget cost information spread out over time. If you add the Budget Cost field as well, you can compare your original plan against the currently scheduled budget cost information.

Example  Work started on your project two months ago, when you first saved your project baseline. Now you want to compare the timephased Baseline Budget Cost field with the current Budget Cost field by cost resource on the project summary assignment. In the Resource Usage view, you show both the Baseline Budget Cost and Budget Cost fields to analyze your budget cost variances and determine whether you're on track or need to make any adjustments.

Remarks  The Baseline Budget Cost field shows information for cost resources, but not for work resources (work resource: People and equipment resources that perform work to accomplish a task. Work resources consume time [hours or days] to accomplish tasks.) or material resources (material resource: The supplies or other consumable items that are used to complete tasks in a project.). To see baseline timephased budget work information for work or material resources that have been assigned to the project summary task, add the Baseline Budget Work field to the timesheet portion of the Resource Usage view.

To save a baseline plan, on the Tools menu, point to Tracking, and then click Set Baseline. Make any adjustments in the dialog box if necessary, and then click OK.

After you save a baseline, you can still edit baseline budget cost. However, edited baseline values do not cause any recalculation of baseline budget cost fields. The purpose of saving a baseline is to capture a "snapshot" of the project plan at a moment in time. Editing baseline values can change the integrity of your information and result in misleading conclusions from variance analyses.

ShowBaseline Budget Cost (assignment-timephased field)

Data Type  Currency (currency field: A type of field whose content is expressed as a cost. Examples include the Actual Cost and Fixed Cost fields. The maximum value allowed in this field is 999,999,999,999.99.)

Entry Type  Calculated or entered (calculated or entered field: A field in which the value is determined by Project based on information in other fields. Information that you enter in the field yourself overrides calculated values.)

How Calculated  When you assign a cost resource that is a budget resource to a project summary task (project summary task: A task that summarizes the duration, work, and costs of all tasks in a project. The project summary task appears at the top of the project, its ID number is 0, and it presents the project's timeline from start to finish.), and then enter cost for the assignment in either the Task Usage or Resource Usage view, Microsoft Office Project 2007 rolls down this amount to the assignment-timephased (timephased: Task, resource, or assignment information that is distributed over time. You can review timephased information in any available time period in the fields on the right side of the Task Usage and Resource Usage views.) field. The Baseline Budget Cost field contains $0.00 until you set a baseline (baseline plan: The original project plans [up to 11 per project] used to track progress on a project. The baseline plan is a snapshot of your schedule at the time that you save the baseline and includes information about tasks, resources, and assignments.) for the project. When you then save a project baseline, this value is saved in the Baseline Budget Cost assignment-timephased field.

Best Uses  In the Task Usage or Resource Usage view, click Detail Styles on the Format menu. To show the Baseline Budget Cost field in the timesheet portion of the view, move the Baseline Budget Cost field to the Show these fields box. You can now review the plan for budget cost. If you also add the Budget Cost field, you can compare your original plan against the currently scheduled budget cost information.

Example  Work started on your project two months ago, when you first saved the project baseline. Now you want to compare the timephased Baseline Budget Cost field with the current Budget Cost assignment-timephased field. In the Task Usage view, you show both the Baseline Budget Cost and Budget Cost columns in the timesheet portion of the view to analyze your budget cost variances and determine whether you're on track or need to make any adjustments.

Remarks  The Baseline Budget Cost field shows information for cost resources, but not for work resources (work resource: People and equipment resources that perform work to accomplish a task. Work resources consume time [hours or days] to accomplish tasks.) or material resources (material resource: The supplies or other consumable items that are used to complete tasks in a project.). To see baseline timephased budget work information for work or material resources that have been assigned to the project summary task, add the Baseline Budget Work field to the timesheet portion of the Task Usage or Resource Usage view.

To save a baseline plan, on the Tools menu, point to Tracking, and then click Set Baseline. Make any adjustments in the dialog box if necessary, and then click OK.

After you save a baseline, you can still edit baseline budget cost. However, edited baseline values do not cause any recalculation of baseline budget cost fields. The purpose of saving a baseline is to capture a "snapshot" of the project plan at a moment in time. Editing baseline values can change the integrity of your information and result in misleading conclusions from variance analyses.

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