| Field | Description |
|---|
| Target Multiplier
|
Enter the project's target cost multiplier. You can view this value in the
Target Multiplier field on the Labor Planning page.
|
| Overhead %
|
Enter the percentage of overhead that should be applied to the planned labor cost to determine the profit. This field is disabled if the
Budget Type is set to
Billing. When you create a Navigator plan, this field automatically displays the default overhead percentage that is specified on the General tab of
. If you are using a Vision plan, the Overhead % defaults to the percent that is assigned on the Analysis or Cost Analysis tab in
. Your ability to change the default setting is based on your access rights settings in
.
|
| Generic Method
|
This option determines which type of generic resources will be used in the plan. Use the drop-down list to select Labor Category or Labor Code.
|
| Cost Rates
|
For Navigator plans, cost rates determine the planned labor cost used to calculate the EAC Multiplier. When the
Budget Type is set to
Cost, Navigator displays the planned labor cost options and disables the Billing Rate fields.
If you use Vision Multicurrency, the currency code that displays next to the Cost Rates label is the project (cost) currency that is assigned in the Vision Project Info Center.
|
| Recalculate
|
Select this option to apply the current settings and recalculate the employee and generic resource planned costs. You must click
Save for the recalculation to occur.
|
| Rate Method
|
Use this drop-down list to select a labor cost rate method for employees. If you select a rate method other than
From Employee Provisional Rate or
None, you must also specify a rate table. The employee provisional cost rate is assigned for each employee in
.
If you use Vision Multicurrency and
From Employee Provisional Rate is selected, the employee's provisional cost rate for planned hours is used if the functional currency for the employee's home company matches the plan's project cost or billing currency that displays next to the Cost Rates label. If not, the employee's hourly cost rate for the plan is set to zero.
|
| Rate Table
|
This option is available if you specify a method other than From Employee Provisional Rate or
None in the
Rate Method field. Use this lookup to select the pre-defined rate table for cost rates for employees' planned hours. The lookup list only includes rate tables for the selected rate method that you can access and that are marked as available for planning in.
If you are using Vision Multicurrency, any rate table with a currency that does not match the plan's currency as displayed next to the Cost Rate's label is excluded from the lookup.
|
| Generic Table
|
Use the lookup to select a pre-defined rate table for your plan's generic resource cost rates.
Only the rate tables for the selected generic method that you can access, and that are marked as available for planning in the
are included in the lookup list.
If you are using Vision Multicurrency, any rate table with a currency that does not match the plan's currency as displayed next to the Cost Rate's label is excluded from the lookup.
|
| Billing Rates
|
For Navigator plans, billing rates determine the planned labor bill amounts or what the client will pay for the services your firm provides. Navigator displays the billing value of the planned hours. The labor billing rates are not visible in Navigator; however, your Vision Role security settings could allow labor billing rates to be visible when the Navigator plan is viewed in Vision Project Planning or in Vision Reporting.
If you use Vision Multicurrency, the currency code that displays next to the Billing Rates label is the billing currency that is assigned in the Vision Project Info Center.
|
| Recalculate
|
Select this option to apply the current settings and recalculate the employee and generic resource planned bill amounts. You must click
Save for the recalculation to occur.
|
| Rate Method
|
Use this drop-down list to select a billing rate method for employees. If you select a rate method other than
From Employee Provisional Rate or
None, you must also specify a rate table. The employee provisional bill rate is assigned for each employee in
.
If you are using Vision Multicurrency and
From Employee Provisional Rate is selected, the employee's provisional billing rate for planned hours is used if the functional currency for the employee's home company matches the plan's project cost or billing currency that displays next to the Billing Rates label. If not, the employee's hourly rate for the plan is zero.
|
| Rate Table
|
This option is available if you specify a method other than
From Employee Provisional Rate or
None in the
Rate Method field.
Use this field to select the pre-defined rate table for billing rates for employees' planned hours. The lookup list only includes rate tables for the selected rate method that you can access and that are marked as available for planning in the
.
If you are using Vision Multicurrency, any rate table with a currency that does not match the plan's currency is excluded from the lookup. The plan's currency is determined by the
Use billing currency not project currency option in
This option defaults to
None if the currency assigned to the rate table does not match the currency that is defaulted by the
Use billing currency not project currency option.
|
| Generic Table
|
Use the lookup to select a pre-defined rate table for your plan's generic resource billing rates. Only the rate tables for the selected generic method that you can access, and that are marked as available for planning in
are included in the lookup list.
If you are using Vision Multicurrency, any rate table with a currency that does not match the plan's currency as displayed next to the Billing Rate's label is excluded from the lookup.
|
| Multiplier
|
Enter the billing multiplier, using a maximum of four decimal places. The calculation for applying this multiplier is: Labor Billing Amount = Planned Hours * Billing Rate * Billing Multiplier
Note: If the
Rate Method is set to
None, the Multiplier is automatically set to 1.0000 and cannot be changed.
|
| Save
|
Click
Save to save your entries on all Plan Settings pages. A dynamic confirmation dialog box displays. Follow the prompts to confirm your changes. Some of these changes include:
- If plan hours already exist and the scale is changed, the resource's ETC hours are spread evenly across the given range.
- If labor rate settings are changed and the
Recalculate option is selected, Navigator retroactively calculates the planned cost and/or billing values for employees and/or generic resources.
- If labor, expense, or consultant rate settings are changed but the
Recalculate option is not selected, Navigator leaves the existing planned amounts as they were. The new rate settings will be applied for planned values as new entries are created.
- If consultant rate settings are changed and the recalculate option is selected, Navigator retroactively calculates the planned bill amount for reimbursable consultants.
- If expense rate settings are changed and the recalculate option is selected, Navigator retroactively calculates the planned bill amount for reimbursable expenses.
If you published the plan prior to making changes and decide that you are not happy with the changes, you can revert the current plan back to the published plan if you have not published since making the changes.
|
and select
Plan Settings.
The Plan Settings option does not display if the project does not have a plan, the plan is a Vision plan, or if you do not have appropriate access rights.