To use costs

During project execution, you want to record the actual costs. Cost recording can be performed in Project, or in the Financials and then transferred to Project.

Specify the level at which you want to record project costs with the Project - Cost Control Levels (tppdm6102m000) session in the Project Definition module. The options are:

• By element/ activity
• By cost type
• By control code
• By cost object

If you define an element with the Elements (tpptc1100m000) session or an activity with the Activities (tppss2100m000) session, use the Cost Control check box to indicate whether you want to record project costs for the element or activity or not. If this check box is cleared, Project accumulates the element costs to the parent element.

In Project, the following topics discuss the possibilities of working with cost in detail:

• Registering costs and commitments
• To register cost forecast
• Using structures in a project