Demand cost plans capture the costs of demands. Create a cost plan to specify the unit cost of a cost type for a fiscal period.

1. Open the required demand form.
2. In the related links, click Cost Plans.
3. To view the Financials Summary page in a grid, click Manage.
4. To create a cost plan, click New.
5. Fill in the cost plan form.

   Table 1. Demand plan form fields

   Field	Description
   Name	Descriptive name for the cost plan.
   Project/Demand	Demand number to which the cost plan belongs.
   Start fiscal period	Starting fiscal period. When you change the start fiscal period, the associated cost breakdown values also change.
   End fiscal period	Ending fiscal period. When you change the end fiscal period, the associated cost breakdown values also change.
   Financials
   Currency	Currency for the cost plan. You can select a currency different from the functional currency. If the selected currency is different from the default currency configured in the Financial Management application, the budget reference rate is used to calculate the cost of the demand.
   Resource plan	Resource plan number associated with the cost plan. The field appears for the cost plans originating from resource plans. The Cost type value is Labor.
   Product model	Product for which the cost plan is created. The field appears if you select Hardware or Software as the Cost type.
   Unit cost	Cost of single unit of the resource.
   Quantity	Quantity of resource required.
   Recurring	Indicates if the cost is recurring for each fiscal period. Quantity x Unit cost value is incurred for every fiscal period.
   Cost type	Cost type. See Create a cost type definition.
   Total planned cost	Total planned costs of the cost plan. If the cost is recurring, the calculation is Quantity x Unit cost x number of fiscal periods. If the cost is non-recurring, the calculation is Quantity x Unit cost. This value is rolled up from cost breakdown.
   Total actual cost	Total actual costs of the cost plan. This value is rolled up from cost breakdown.
   Forecast	Sum of all actuals for past periods plus estimated cost for future periods.

   Note: When you change the planned start date of a demand, the associated cost plans and resource plan also change. The project property Change Resource Plan and Cost Plan Start Date with Demand or Project Start Date Change controls the behavior for demand date change.
6. Click Submit.