Budget vs Actual Hours by Project/ Activity/ Cost Component
The Budget vs Actual Hours by Project/ Activity/ Cost Component report displays the planned hours against the actual hours of the project for the available budget, at the cost component level.
To generate the report, specify:
-
Company
The code of the company.
-
Project
The code of the project for which the report is generated.
-
Activity
The activity linked to the project.
The report displays:
-
Cost Component
The cost component linked to the project.
-
Planned Hours
The budgeted hours required for the completion of the project. This is the Bottom-up budget specified in Infor LN (all budgets are considered, irrespective of the status).
-
Actual Hours
The actual hours utilized for the completion of the project.
-
Balance Hours
The balance hours calculated using the formula:
(Planned Hours - Actual Hours)
-
Budget %
The balance hours expressed as a percentage:
((Planned Hours - Actual Hours)/ Planned Hours))*100