In the system, five cost type groups are preset by default:
Internal personnel and
External personnel
Personnel costs of internal and external staff (resources). Personnel costs are calculated by multiplying the planned effort of individual resources within the effort estimate and the corresponding conversion factor.
Material costs
Material costs embrace all (consumable) materials (for example building material, raw material for producing prototypes, printing and paper costs for producing a brochure) that need to be bought so that a task can be processed.
Investments
Investments are costs for the purchase of equipment (for example a new building machine, measuring instruments, a new computer or software) to support the project. Since this equipment is usually used beyond the end of the project it would make sense to charge the purchasing costs to the project budget proportionally .
Miscellaneous
Miscellaneous costs cover all costs that cannot be assigned to the four other categories, for example travel costs, costs for gifts, etc.
Note
The database model provides the option to summarize to more than five cost type groups in DT493 on the main project level. This data can be displayed in the project data sheet. There will be no automatic allocation in project masks. The extension of the overall model to more than five cost type groups is realizable via customizing.
Create Cost Type Groups
Click on the Insert button or right-click on the already created cost type group and select Insert--> Cost type group from the context menu.
The Column data field is required for capacity scheduling in order to assign the costs to the right cost type group. The field defines the order of cost type groups displayed in user modules such as the Budget module.