Assigning standard costs to development activities

Note: If your organization does not use learning budgets, you can assign only flat-amount or activity-defined costs to development activities. These costs will be visible on the catalog only if they are flagged as "Include In Catalog" and all flagged costs are of the same currency. You can add flat costs to activities imported from Infor Learning Management and to activities defined in Development Planning. Infor Learning Management also has a cost functionality that your organization can use instead.
  1. Select Development Planning > Activities And Catalog > Define Activities And Sessions.
  2. On the Activities panel, open the development activity to update.
  3. Click the Standard Costs tab.
  4. Click the Helper List icon to view the available standard costs.
  5. Select the standard costs applicable to the development activity and click OK.
    Note: You can select standard costs in multiple currencies. If you are using learning budgets, resource development activity requests will only use costs that match the currency of the budget that they are associated with.

    The total of any standard costs that are flagged as Include In Catalog is displayed in the catalog, provided they are all in the same currency.

  6. If any of the costs are activity specific, specify the cost rate in the Activity Specific Rate column.
  7. To change the number of units for any cost, specify the number of units in the appropriate field.
  8. Click Save.
    Note: (Learning budgets only) Resource-rate or professional-rate costs are displayed with a total amount of zero on the development activity. That is because they must be associated with a specific resource to be resolved. The number of units is displayed for each cost (defaulted from the number of hours for the development activity). This number can be modified and it will be used to calculate the total cost on the resource development activity requests.

    Updating or deleting standard costs:

    Note: You cannot modify the total cost of a standard cost. If you modify the number of units, the system recalculates the total cost. For activity-specific costs only, you can modify the activity-specific rate.
    • To modify the number of units for a standard cost, click the cost in the Units column, specify the unit number, and click Save. Specify an effective date when prompted.

    • To modify the Active status of a standard cost, click the cost in the Active column, select the Active status (Yes or No), and click Save. Specify an effective date when prompted.

    • To delete a standard cost, highlight the standard cost, click Delete, and click Yes to confirm. Specify an effective date when prompted.