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  • 1.  Time Reporting/Project Reporting Question

    Posted 06/11/15 10:11 AM

    Brainstorming question: I am looking for recommendations for coding time to specific tasks, such as Transition Activities? I would like to keep track of the labor costs incurred as a transition occurs; however, at this time, no time reporting system is in place. The coding of employee time is at an Application level and is determined by a high level headcount only. A recommendation has been made that we add a cost pool to track this activity; however, I would like to keep the cost pools as they are and instead track the labor costs for the specific activity; however, how can this be achieved? Additionally, labor costs could come from external and internal folks - which could mean adding two cost sub pools per transition activity being tracked. I anticipate that this is the first request for tracking employee costs for a specific activity and that others will come later; adding new cost pools for each activity would become cumbersome and exclude us from using standard cost pools.

     

    Please, provide suggestions. Feel free to contact me if further information is needed.

     

    Thank you for your help!




    #CostingStandard(CT-Foundation)


  • 2.  Re: Time Reporting/Project Reporting Question

    Posted 06/26/15 04:54 PM

    Hi Deb,

     

    In general I would agree with you that cost pools should remain unchanged, as they're a big part of the benchmarking capabilities, and altering them will also change the values seen in out-of-the-box reporting. I'm curious, was it a customer suggestion to add a cost pool to track those costs? If so, does that mean they have the data at the GL level to identify those costs?


    #CostingStandard(CT-Foundation)


  • 3.  Re: Time Reporting/Project Reporting Question

    Posted 08/03/15 02:50 PM

    Deb, have you looked at how Time Tracking is implemented in the Apptio reference model? Is this something you can leverage for your use case?


    #CostingStandard(CT-Foundation)


  • 4.  Re: Time Reporting/Project Reporting Question

    Posted 09/08/15 03:06 PM

    How about creating a new service (or a service component) for transition activities?


    #CostingStandard(CT-Foundation)


  • 5.  Re: Time Reporting/Project Reporting Question

    Posted 09/30/15 12:19 PM

    Thank you for the comment. This was the action chosen.


    #CostingStandard(CT-Foundation)