Microsoft Project 2021 From Beginners to Advanced - Cost Accrual

The video tutorial explains cost accrual in project management, using a dummy project with tasks and resources. It covers different accrual methods, such as prorated, start, and end, and demonstrates how these affect project costs. The tutorial also shows how to assign resources and adjust cost settings, emphasizing the importance of understanding accrual methods for accurate cost management.

Explain how fixed costs are treated differently from resource costs in a project.

What is the default cost accrual method in the options, and how can it be changed?

How does assigning resources to tasks impact the overall project costs?