I am in the process of creating new cost plans for several projects however I am receiving the following error when utilizing the "Populate by Investment Team" action.
ErrorREVMGR-20728:Rates and Costs are both missing for one or more roles/resources
When I complete the same process, but select the "Populate by Task Assignment" I do not receive this error and a cost plan is created. What exactly is the difference between populating by Investment Team vs Task Assignment? Are there any pro's or con;s for either avenue? Why would I receive an error by one process and not the other. Thanks
Allocations and assignments don't have to match. Briefly put, assignments are the use of a given allocation
Why you have a problem
How to solve
As Andrew mentioned, check the configuration of the matrix associated with the Project, or if the Project does not have an associated matrix, check the Matrix associated with the Entity or defined at the System level.
If you have Team Members with attribute characteristics that have data not matching any rows in the matrix, you will get the error message.
Here are some KB articles that may offer additional insight on some reasons you get the error message
TEC1883849 : Project Financial Location OBS Unit must be selected for the Cost Plan Population action to fill in Location OBS Unit data when using the Location as a Grouping attribute
TEC607488 : Matrix configuration 'Resource' column allows Resource Roles to be selected which causes incorrect calculations and errors on a Cost Plan