Hours Forecast by Project

The Hours Forecast by Project report allows the project manager to analyze the planned hours, the actual hours utilized to complete the project and determine the variance, for the specified range of data.

You can also view the hours forecast data for the project at the activity/ control code level using the following reports:

  • Hours Forecast by Project
  • Hours Forecast by Project/ Activity
  • Hours Forecast by Project/ Activity/ Control Code

The Hours Forecast report displays of following data:

  • Planned hours: Budgeted hours from LN.
  • Actual hours: Data is transferred from LN.
  • Progress: The progress data is transferred from LN.
  • Estimate to Complete (ETC): Estimate-To-Complete is the additional hours required to complete an activity or a project.
  • Estimate-at-Completion (EAC): Estimate-At-Completion is the total hours to complete an activity or project. And is transferred from LN.
  • Variance At Completion (VAC): Variance At Completion is the difference between the hours budgeted and the estimated amount at the end of the project. Variance At Completion = Budget - Estimate At Completion