Hours Forecast by Project/ Activity
The Hours Forecast by Project/ Activity report helps the project
manager to analyze the planned hours, the actual hours utilized to complete the
project and determine the variance; at the activity level.
Select the required activity to view the hours forecast data of
the project at the project/ activity/ control code level.
To generate the report, specify:
The report displays:
Activity (Description)
The activity linked to the project.
Progress %
Planned Hours
The budgeted number of hours required for the completion of the
project.
Actual Hours
The actual number of hours utilized to complete the
project.
Forecast
Estimate To Complete (ETC)
Estimate To Complete is the additional cost incurred for
an activity or a project.
Estimate To Complete = Estimate At Completion - Actual Hours
Estimate At Completion (EAC)
Variance At Completion (VAC)
Variance At Completion is the difference between the
budgeted hours and the estimated hours, at the completion of the
project.
Variance At Completion = Planned Hours - Estimate At Completion