How can cost plans be generated from resource assignments? Choose 2 answers

ServiceNow provides two primary methods for generating labor cost plans from resource assignments for a project. The first is a manual action performed by a project manager directly within the Project Workspace by clicking the 'Generate Labor Costs' button. This action processes the project's resource assignments to create corresponding cost plan records. The second method is an automated, system-wide process handled by the "Generate cost plans from resource assignment" scheduled job. This job runs daily by default, automatically creating or updating labor cost plans for all active projects based on their current resource assignments, ensuring financial data stays current without manual intervention.

B. Updating a property is a configuration step that might enable or alter the behavior of cost generation, but it does not trigger the generation process itself.

D. The Resource Management Workspace is designed for resource managers to handle allocations and capacity planning, not for managing project financials or generating cost plans.

1. ServiceNow Product Documentation: Project Portfolio Management > Project Financials > Create a cost plan > Generate labor costs from resource assignments. This document explicitly states: "You can generate labor costs for a project from the resource assignments... You can generate labor costs either manually from the project form or automatically by running a scheduled job." It details both the "Generate Labor Costs" UI action and the "Generate cost plans from resource assignment" scheduled job.

2. ServiceNow Product Documentation: Project Portfolio Management > Project Workspace > Manage project costs in Project Workspace. This section describes the financial management capabilities within the Project Workspace, including the user interface action to "Generate Labor Costs" from the Financials tab of a project.