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Rules of Credit in Cost

Defining and assigning your cost project's rules of credit.

A control account and/or work package's percent complete can be calculated using a set of activities and tasks called Rules of Credit. There are two ways you can add templates: at the organization level and project level.

Note that settings made at organization-level are available for use at the project level on all projects, while project-level settings are limited to a specific project.

    Adding credit template rules

    To add a template, start by selecting either:

    • Cost Administration/Organization Data/Rules of Credit Template, or;
    • Cost Administration/Project Data/Project Rules of Credit Templates.
      1. Click the Add button and enter a Name and Code for your Template.
      2. In the Rules of Credit details pane, click the add button to create new steps in the template
      3. Define the name and relative weight for each step in the template
      4. When complete, mark the rule as Active

      Assigning rules to a record

      1. Go to Cost Management and under Cost select a Cost Worksheet.
      2. Select a Control Account, Work Package or Contract.
      3. In the Control Elements Sub-Grid select Rules of Credit.
      1. Click the Add button and select either:
        Add Rules from Template if an appropriate one exists, or;
        use Add Rule to create a custom rule. 
      1. If you’re adding a custom rule enter a Rule Weight, Description and Weight. Note that the total weight for all the rules should equal 100.
      1. Enter Percent Complete, if required.
      1. Enter the Planned Start/Finish and Actual Start/Finish Dates as required.

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