Method (Milestone Cost Calculation)

Choose the method to calculate milestone cost:

• Manual: If you choose this option, you must manually enter the milestone costs on the General tab of the Revenue Milestones or Estimate Revenue Milestones forms.
• % 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 Tasks 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.

The method you choose also displays on the Audit tab of the Estimate Revenue Milestones and Revenue Milestones forms under the Cost Calculation Method browser heading.