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