...
View the contract and billing rates on this role. Optionally put an override in place to use your own rates. If you are not familiar with contract or billing adjusted rates see Explain the different types of revenue in Projector
| Field | Description |
|---|---|
| From / To | The date ranges here auto-populate based on your resource history. Default rates are derived from the project's rate card and the resource's department and title. If the Overridden column has a checkbox then a time-phased rate override was manually inserted. |
| Contract Hourly Rate | Set the contracted hourly rate (CR). If you are not familiar with CR see Explain the different types of revenue in Projector |
| Billing Adjusted Hourly Rate | Set the billing adjusted hourly rate (BAR). If you are not familiar with BAR rates, see Explain the different types of revenue in Projector |
Overridden | When a checkmark is shown, this row was manually inserted |
| Click the pencil icon to override the rate for this date range. Click the trash can icon to delete a rate override. |
...
Resource Direct Cost Rates
Resource direct cost is the hourly rate at which you reimburse rates for their labor. The prepopulated
| Field | Description |
|---|---|
| From / To | The date ranges here auto-populate based on your resource history. Default rates are derived from the the project's cost center and the resource's department and title. If the Overridden column has a checkbox then a time-phased rate override was manually inserted. |
| RDC Hourly Rate | The hourly RDC rate for this time period |
Overridden | When a checkmark is shown, this row was manually inserted |
| Click the pencil icon to override the rate for this date range. Click the trash can icon to delete a rate override. |
Revenue and Resource Direct Cost Transfer Rates
In the case that a resource is borrowed from one cost center for work done in another cost center, you can use Transfer Rates to shift revenue and RDC between the cost centers. Revenue and RDC are transferred at a fixed rate based on hours worked. You can even transfer enough money that you end up with negative revenue or negative cost, although this would be unusual! Projector transfers between the following data fields:
- Contract Revenue
- Billing Adjusted Revenue
- System Revenue
This feature is often used when one cost center needs to compensate another cost center for borrowed resources. This paradigm is more common in Europe than in North America.
With regards to revenue routing on the Project Advanced Setup Tab - there are some considerations to be made. If you choose to route revenue to different cost centers on that tab, it does not have any effect on the routing you define here. It would technically be possible to route everything outside of the engagement and resource cost centers to a third cost center - meanwhile the transfer rates according to this role would still be happening. That would be a highly unusual situation. You should typically have the advanced tab routing revenue and RDC to engagement and resource cost center's respectively.
| Field | Description |
|---|---|
| Revenue Transfer Hourly Rate | Transfers are done in the engagement's currency. How much revenue would you like to transfer? |
| RDC Transfer Hourly Rate | Transfers can be done in any currency defined in your Currencies and FX Rates Editor. Although they will typically be done in the resource's currency. How much RDC would you like to transfer? |