IT Finance - Labor report (v103)

Applies to: Costing Standard 11.8.x running on either TBM Studio v12 or TBM Studio v11.

Introduction

Use this report to view labor costs by internal and external personnel by cost center.

Roles

This report is designed for IT Finance personnel.

Objectives

Use this report to:

View labor costs by internal and external personnel by cost center.
Understand the labor spend to budget by cost center for the current month, quarter, and YTD.

Questions answered

You can use the information presented on this report to answer the following questions:

How much have I spent on labor this year?
How am I doing against overall headcount and budget plans?
Which department or cost center accounts for my largest labor spend?
Where is my biggest variance, by amount?
Is action required to mitigate budget risk?

Next actions

To see spend, headcount, and rates by role, click on the specific cost center to open the IT Finance Labor Detail report.