Work management
Actual cost and cost-rate requirements
Understand actual project labor cost, finance visibility, and missing-rate blockers.
What this does
Project actual cost includes approved project labor calculated using the applicable employee cost rate; financial amounts are restricted to users with Finance view permission.
Before you start
Employee cost rates are not displayed in these guides or to employees. A missing effective cost configuration is a blocker, not a displayed rate.
Steps
- Review project financial values in Profitability or the finance-gated budget section of Project Dashboard.
- When creating or updating planned project work with estimated hours, assign an employee with applicable cost configuration; otherwise task saving can be blocked.
- If Manager/Admin approval reports missing employee cost configuration for the work date, ask the authorized administrator to configure it before approving project work.
Result
Only authorized finance roles can view project financial amounts. Cost allocation is not actual spending; an employee's individual cost rate is not exposed here.
Related/Next guide: How timesheet approval affects project actuals.