The financial cost/rate matrix is used for tracking purposes. You can associate the matrix to your project so that budgeted cost of work performed (BCWP) and earned value (EV) information is calculated. You can associate the financial cost matrix at the project level for labor, material, and equipment resources, and for expenses incurred against your projects.
The financial cost matrix is also used when you generate reports containing certain project cost information. To enable the values to calculate, assign resources or roles to tasks. Also, have your CA Clarity PPM administrator schedule the Rate Matrix Extraction job to run periodically.
For more information, contact your CA Clarity PPM administrator or search Jobs.
If you do not associate the financial cost, or rate matrix to the project, your finance manager requires specifying a cost when creating transactions.
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