Cost Calculation

This field displays one of the six methods of cost calculation that was chosen for the milestone on the Revenue Recogn tab of both the Revenue Milestones and Estimate Revenue Milestones forms. This method is used to calculate costs once the milestone has been nominated. The six cost calculation methods are:

• Manual: If you choose this option, you must manually choose the milestone cost calculation method.
• % Of Project Cost: This method multiplies the total planned cost by the amount in the Percentage field.
• %Of Milestone Revenue: This method multiplies the total planned revenue by the amount in the Percentage field.
• % Of M/S Requirements: This method multiplies all task costs by the amount in the Percentage field. The system adds all forecast costs from the % Complete tab on the Project Task form for all task requirements and all projected costs from the resource requirements on the Cost tab of the Project Resources form to get all task costs.
• Unrelieved Cost: This method calculates the cost that has accumulated since the last revenue recognition milestone posting.
• Custom: The custom option is a reserved routine to be used if your company requires custom processing. It is delivered as an empty stored procedure (CustCostSp) that you can use for custom calculation routines.