What does Can Capitalize mean in Phase Tasks?

Edited

Question: What does the Can Capitalize option do when setting up Phase Tasks?

Answer: Phase Tasks are defined under a specific phase in a methodology, and they control which types of work are eligible for capitalisation during that phase.

Here’s how it works:

  • Methodologies, Phases & Tasks
    In the system, you first define methodologies (the overall project approach), which have a set of phases (e.g. Initiation, Design, Construction, etc.).
    Under each phase (within a methodology), you list Phase Tasks (i.e. the activities possible within that phase).

  • The Can Capitalize flag on a Phase Task
    Each Phase Task has a property (column) called CanCapitalize, which is set to “Yes” or “No.”

    If CanCapitalize = Yes, then time logged against that task (via timesheets) is deemed capitalisable effort (i.e. you can capitalise the associated resource cost).

    If CanCapitalize = No, time logged against that task is not eligible for capitalisation (i.e. it will be expensed rather than capitalised).

  • Why it’s tied to phases and methodologies
    Because capitalisation eligibility depends on the project stage, you can make certain tasks capitalisable only in phases where it is appropriate. By associating tasks under phases & methodologies, you get a structured and consistent way of controlling which tasks are capitalisable depending on the project’s current phase.

Please refer to this article to learn more about setting up methodologies, phases, and tasks, and this article to understand how capitalisation works.

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