This is the Rates used in the Project. The default value utilizes the value specified in the organization setting.
Learn more about organization default budget settings
There are three options for Project Rates
Member Rates: Default rates set on the individual members.
Role Rates: Role rate group
Work Category Rates: Work Category rate group
When using Member Rates, it is required to select a Role rate group for unassigned rates.
When using Member Rates, it is required to select a rate group for unassigned roles.
When changing the default Member Rates, you can select Rate Group in any Team Currency. The Project Currency will be updated to match the selected Rate Group.
Click the Manage Rate Group Button to edit Rate Group information on Organization settings > Budget > Rates page
A modal like this will show after selecting the Rate Group. Click confirm to update the Member Rates.
