Resource Cost Statistics (Cost and Resource Tabs)

The costs associated with a resource are specified when you define a resource and at the point in time when an activity uses a resource.

The resource paid times are divided into the following categories.

Resource Standard Paid Time–A resource’s normally scheduled hours. This includes busy time, out of service time (but only if it has been marked paid in the schedule) and idle time.

Resource standard paid time = Tot Busy + Tot OOS (paid) + Tot Idle
Resource Overtime (Avg OT, Tot OT)–The amount of time that a resource worked overtime.

A resource’s cost is the combination of standard cost, overtime cost, and any per use costs.

Standard Cost (Avg Std Cost, Tot Std Cost)–The cost of the resource working during standard hours. This is the result of multiplying the resource’s standard paid hours by the hourly rate that is specified in the resource definition. (See above for the definition of resource standard paid time.)

Tot Std Cost = (Resource standard paid time) * (Resource’s standard hourly rate)
Overtime Cost (Avg OT Cost, Tot OT Cost)–The cost of the resource working during overtime. This is the result of multiplying the overtime hours by the overtime hourly rate of the resource.

Tot OT Cost = Tot OT * (Resource’s overtime hourly rate)
Use Cost (Avg Use Cost, Tot Use Cost)–The per use cost is determined by the number of transactions that are processed. The cost is incurred whenever an activity uses the resource, either as “Acquire” or “Activity,” to process a transaction.

Tot Use Cost = (Number of times the resource is used) * (Resource’s per use cost)