Resource Flow | Features

Fixed Costs

The Hub Planner fixed cost feature is a great way to keep track of all those static costs you can incur across your projects and show a real time impact on your project budget.

Plan one time costs on projects and control how they impact your project budget

  • Easily add fixed costs to any project.

  • Control how costs impact budgets

  • Categorize the costs

  • Reporting to see how much was fixed

  • Rates management to calculate project costs

  • Supports multiple currencies

     

Hub Planner helps  companies who need to add 1 off costs to a project and decide if that should impact budget.

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Key Features of Fixed Costs

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Cost Categories

Create your own cost categories to manage expenses.
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Scheduled vs. Actual Costs

Compare scheduled costs versus actual costs incurred.
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Flexible role rights

Built in support for role rights to apply fixed costs.
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Report Columns

Report columns and templates to track fixed costs.

 

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Budget Inclusion Controls

Include or exclude fixed costs from the total budget.
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API Access

Available to use fixed costs via the REST API.

Want to learn more about resource management at Milient?

Julie Gobeil Averna

“Hub Planner is a great visual tool to easily plan your capacity and make quick decisions. The UI is extremely well-designed and easy to use. The search bar to filter your resource pool by skills is my all-time favorite.”

Julie Gobeil
Global Planning Manager at Averna

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Categorize all costs for clearer reporting

Categories help group your costs together so you can easily identify where the spend is going in each project.

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User access controlled to fixed costs

Role rights allow you to control who can access the fixed costs and apply them to your projects. Giving the project managers full control.

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Fixed Costs FQA

What’s a cost category?

A costs category is a term to describe the name of a fixed cost. For example: travel, equipment, conference room etc. Add the categories to help group the fixed costs against projects.

How to add a fixed cost category?

Within the ‘new category name’ field, simply enter the name of the new fixed cost you want to add.

What are some examples of fixed costs in Hub Planner?

Examples of fixed costs you can apply to a project in Hub Planner may include:

  • Office rent
  • Materials and equipment
  • Salaries (though you may use internal rates for this)
  • Insurance premiums
  • Software licenses
  • Various other project expenses.
Can a Project manger assign a fixed costs to a project?

Yes, but – they must have the role right selected and the permissions to do so. Navigate to setting -> roles and make sure that the below role right is selected.

PM / FC. Fixed Costs on Managed Projects

The logged in user, who is a Project Manager, will be able to add or remove fixed costs on Projects they are project manager of.

Can I deduct fixed costs from the project budget?

Yes. Ensure to tick the checkbox to indicate you wish to deduct the fixed cost from the budget.

 

What costs are deducted from the budget? Scheduled or reported?

Both. In reports you have the option to report by scheduled and reported. You have a report for each.

 

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