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Oracle Projects calculates the revenue or bill amounts (or both) for this task's labor items using the following formula for items based on bill rate schedules:
Revenue or Bill Amounts = | (Labor Multiplier X Raw Cost) |
Revenue or Bill Amounts = | Burdened Amount X (1 + Labor Multiplier) |
Labor Raw Cost | 1,000 |
Standard Multiplier (1.5) | 1,500 (from standard burden schedule) |
Total Burdened Labor | 2,500 |
Negotiated Multiplier (1.0) | 2,500 (from labor multiplier) |
Final Burdened Labor | 5,000 |
When you override a usage expenditure type, the override applies to all non-labor resources within that usage expenditure type.
When you override a non-labor resource within a usage expenditure type, the override applies to that particular non-labor resource only, and does not apply to other non-labor resources within that usage expenditure type.
Any non-labor bill rate override you enter takes precedence over non-labor bill rates or markups from your task's standard non-labor bill rate schedules.
Any non-labor bill rate override you enter for this task takes precedence over any project non-labor bill rate override.
Multiplier: Enter the labor multiplier you want to use for this project or lowest task.
Effective From/To: Enter the date range the labor multiplier is effective.
Entering Project and Task Options
Using Effective Dates to Enable and Disable Options
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