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Step-By-Step Instructions:
Log into O-Space
Select current course under gray heading "My Courses"
Select "Posts" Tab

Select "New Post"
Select "Categories" (gray button)
Scroll down to Step 3 Who can reply ot this?
Check the box next to "Yes, this is gradable, add to gradebook"
Check the box next to "I want students to view their own grades"
Enter "Maximum Points" task is worth
Enter "Relative Weight" (how many percentage points is the task worth out of a 100%)

Select Back
Enter a post title
Enter body text
Select Save
Select "Settings" tab
Select "Gradebook" on left gray menu (toward the middle)
You will see your gradebook automatically populated with registered students
Enter a score for students

 Select Save when finished.

Note: If using the gradebook to also calculate your student's grades, make sure you adjust the grade settings. You can also use the gradebook for tracking completed assignments instead, for example creating your own value system (0=not completed, 1=complete). Students will be able to see what they have completed or not.