Step 1
If you plan to enter hourly budgets by GLC or PLC, you may find it helpful to enter the average cost rates for the categories on the Manage Average Cost GLC Rates screen or the Manage Average Cost PLC Rates screen.
If you enter the budgeted hours on the Manage GLC Total Budget screen or the Manage PLC Total Budget screen, these rates default in and are multiplied by the hours to arrive at the budgeted cost for a given labor category.
Parent Topic: The Project Budget Process