Managing Projects › How to Work with Project Properties › Financial Processing (Investments) › How to Set Up Projects for Tracking Costs

How to Set Up Projects for Tracking Costs

Use the following process to set up projects for tracking costs:

1. Create and define one or more financial cost matrices.

   See the Financial Management User Guide for more information.

2. Create a project.
3. Financially enable the project.
4. Set the project earned value (EV) calculation method.
5. Associate the cost matrix to the project resource types.
6. Assign staff to project tasks.
7. Create a cost plan using the team allocations.

   See the Financial Management User Guide for more information.

8. Schedule the Cost/Rate Matrix Extraction job to run periodically.

   Contact your CA Clarity PPM administrator or see the Administration Guide for more information.

9. Baseline the project.
10. Calculate and record earned value information.