What does The Carat (^) Symbol next to the Resource Price/Unit in Primavera P6 mean?

When we assign resource to activity, sometime we can see a carat (^) symbol appear in Price/Unit column.

The carat (^) is displayed when the resource does not have a price/unit assigned.

If resource does not have price/unit, Primavera will use the Project level price/unit which is defined in Project window -> Calculation tab

Now if you define price/unit for the resource like this:

Primavera will now use the price/unit from resource.

However you have to run “Tool -> Recalculate Assignment Costs” to refresh the data.

Click on Recalculate

Now you can see there is no carat (^) symbol in the price/unit and that price is taken from Resource.