Finance Advanced Attributes

The Finance Advanced Attributes popup can display the following fields:

Soft Assignment Cost Source

Allows the user to choose whether the cost source comes from the organization or the job classification when soft assignments are assigned to tasks.

Default Resource Assignment Cost Source

The Default Resource Assignment Cost Source allows the user to define the default source for the Resource Assignment Actual Cost.

Ranking Cost Source

Allows the user to choose whether the Business Case Cost displayed in the Portfolio Ranking workspace should come from the Total Cost or the Forecast Cost.

This option is only available for Business Cases, if the “Enable Ranking Cost Source Selection” option has been activated by the Administrator in the System Settings workspace, Budget/Finance Settings folder.

Discount Rate

Allows the user to define the rate of return used in a discounted cash flow analysis to determine the present value of future cash flows.

The Discount Rate is the value that will be taken into account in the Net Present Value calculation. NPV = Cash Flowt / (1 + Discount Rate)t .

Cost Center

Allows the user to associate the project's cost to a Cost Center. Once a Cost Center has been identified, the user will have the opportunity to easily compare the resulting Cost with the corresponding Cost Center’s Budget.

Forecast Labor Type

Allows the user to choose whether the Labor Forecast should be displayed in terms of “Cost” or “Effort”.

Enable Project Cost Center Reallocation In %

Allows the user to enter a Reallocation % value in the Finance workspace, Budget tab.

Settings

This option is only available when the corresponding setting has been activated in the System Settings workspace, Budget/Finance Settings folder, Budget section.

It also provides the read-only lists of the Organizations (with the related Cost Center and Cost), Job Classifications (with the corresponding Cost and Revenue Rate), and Resources in the respective sub-tabs.