Create a basic cost model from the workbench

You can create a basic cost model from the Data Definition stage of the Workbench or from the Cost Models tab.

Before you begin

Role required: financial_analyst or financial_mgmt_admin

About this task

You can only enter a name and description on the basic cost model. However, you can base the model on an existing one, which replicates the other field values.

Procedure

  1. Do one of the following to access the basic cost model interface:
    • In the Working Set section on the Data Definition stage, click New Cost Model.
    • Click the Cost Models tab.
  2. Enter a name and description for the cost model.
  3. In the optional Clone from existing field, select a cost model to base this one. The other field values are replicated. See Create a cost model with the Cost Model form for details.
  4. Click Create.