Planning and executing an integrated program > Creating an organizational breakdown structure hierarchy > Defining valid cost elements for an OBS

Create cost categories

Before creating a Cost Element, you must add the necessary Cost Categories as follows:

Procedure

Open any folder and click New → Add.

The Add panel is displayed.
Select Cost Category as the object type, and the panel refreshes with the fields for defining a cost category.
Enter a name and optional description, select a Default UOM (unit of measure), and then click Add.

If you select Effort Based, select a time-based UOM. If you do not select Effort Based, select a currency-based UOM, for example, dollars.

The system creates the cost category.