How to Enter Variable Material Rates in MS Project
If a project continues for a longer duration, it is likely that the cost of various resources will change. It can increase, or in certain exceptional cases, may decrease too. While you can refer to the Detailed tutorial on adding resources and their cost in MS Project, in this post we will focus if the rate changes mid-way, what should we do. The good news is, you can handle resource rate variation in MS Project very easily. We will see that step-by-step with a practical example in this tutorial.
You can assign rates of any resources, materials, labour, or any fixed overhead for a specific period of time. This is specifically helpful if the project duration is long, or the project uses resources whose rates vary over period of time.
The example is true for all the versions of Microsoft Project, it will run in Microsoft Project 2010, 2013, 2016, and Microsoft Project 2019 as well.