Cost Control
  • 12 Sep 2024
  • 3 Minutes to read
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Cost Control

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Article summary

Cost Control

You can use cost elements in your schedule to plan and report on costs.

Safran Project is not designed to be a cost control system, but it can provide vital project-focused cost reports and analysis to aid project management decisions.

You can display cost in the Barchart Editor, the Barchart Editor Resource Histogram, the Editor Histogram and in reports like Histogram/S-Curve, Performance Chart, Bulls Eye Chart, Bubble Chart, Progress Summary and Six Period Summary.

Cost in Barchart Editor

In the Barchart Editor, you may include columns to display Cost Values. Supported columns are:

FieldDescription
Planned CostTotal planned cost values on resources of the type Cost
Planned QTY CostTotal planned cost values on resources of the type Quantities
Planned Total CostPlanned Cost + Planned QTY Cost
Baseline CostTotal planned cost values on resources of the type Cost at last Baseline update.
Baseline QTY CostTotal planned cost values on resources of the type Quantities at last Baseline update.
Baseline Total CostBaseline Cost + Baseline QTY Cost
Current CostTotal planned cost values on resources of the type Cost at last Status update.
Current QTY CostTotal planned cost values on resources of the type Quantities at last Status update.
Current Total CostCurrent Cost + Current QTY Cost
Expended CostTotal expended cost values on resources of the type Cost at last Status update.
Expended QTY CostTotal expended cost values on resources of the type Quantities at last Status update.
Expended Total CostExpended Cost + expended QTY Cost

In the resource view on the information pane, you can set the Resource Histogram to report on Cost instead of Quantities. In the Barchart Editor Histogram, you may use the same Data Fields as in the Barchart Editor Columns. In addition to these, you may also use:

FieldDescription
Baseline Plan Cost EarlyBaseline Cost using Baseline Early Start Actual and Baseline Early Finish
Baseline Plan Cost LateBaseline Cost using Baseline Late Start and Baseline Late Finish
Current Plan Cost EarlySelected Scope using Current Early Start Actual and Current Early Finish
Current Plan Cost LateSelected Scope using Current Late Start and Baseline Current Late Finish
Earned CostEarned Cost (Actual % against selected Scope) using Current Actual Start and Cutoff Date
Expended CostExpended Cost against selected Scope using Current Actual Start and Cutoff Date
Forecast CostForecast Cost using Forecast Start and Forecast Finish
Live Plan Cost EarlySelected Scope using Early Start and Early Finish
Live Plan Cost LateSelected Scope using Late Start and Late Finish
Original Plan Cost EarlyInitial Baseline Scope using Original Early Start and Original Early Finish
Original Plan Cost LateInitial Baseline Scope using Original Late Start and Original Late Finish
Revised Plan Cost EarlyRevised Cost using Revised Early Start Actual and Revised Early Finish
Revised Plan Cost LateRevised Cost using Revised Late Start Actual and Revised Late Finish

Cost in Reports

In some report configurations, under the Reports menu, you can Report on cost instead of Quantity. This applies to Histogram/S-Curve, Performance Chart, Bulls Eye Chart, Progress Summary and Six Period Summary.

  • Histogram/S-Curve: Select to Report On: Qty or Cost. Qty is default
  • Performance Chart: Select to Report On: Qty or Cost. Qty is default
  • Bulls Eye Chart: Select to Report On: Qty or Cost. Qty is default
  • Progress Summary: Select to Report On: Qty or Cost. Qty is default
  • Six Period Summary: Select to Report On: Qty or Cost. Cost is default
  • Activity Report: Add fields to the report that hold Qty or Cost information

Complex Rates

Although Safran Project is not a dedicated cost control system, some advanced functionality is included, such as complex rates. They allow you to set escalation factors for individual resources to better estimate the cost of a project that lasts many years, for example. Rate Sets are not covered in this course.


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