Managing Projects › Define Project Properties › Financially Enable Projects › 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.

   For more information, see How to Set up a Cost/Rate Matrix.

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.

   For more information, see Populate a Cost Plan Automatically.

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

   Contact your CA Clarity PPM administrator or see Run or Schedule a Job to Run.

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