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:

• Company

  The code of the company.

• Project

  The code of the project for which the report is generated.

The report displays this data:

• Activity (Description)

  The activity linked to the project.

• Progress %

  The progress data populated from Infor LN.

• 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

    The estimate to complete is the additional cost incurred for an activity or a project.

    (Estimate To Complete = Estimate At Completion - Actual Cost)

  • Estimate at Completion

    The estimate at completion is the total cost incurred for an activity or a project.

  • Variance at Completion

    Variance at Completion is the difference between the budgeted amount and the estimated amount, at the end of the project.

    Variance at Completion = Budget - Estimate at Completion