- - | # Time Phased Hours by Project The Time Phased performance report allows you to review the time phased budget data and the actual hours utilized for the project in the current and the cumulative periods. Time phasing is based on the Earned Value (EV) method, specified for the activity. Select the required project and click Time Phased Hours by Project/ Activity to view the report. To generate the report, specify: Company The code of the company. Project The code of the project (range) for which the report is generated. Status The project status. Acquiring Method The method used to acquire the project. Financing Method The financing method used for the project. Business Sector The section of economy related to business and corporate organizations. Projects can be categorized based on the business sector. Geographical Area The geographical area associated with the project. Category The user-defined classification of the project. Program A group of related projects managed in a coordinated way to obtain more benefits and control. Project Manager The employee who manages the project. The report displays: Project The code of the project for which the report is generated. Period/ Cumulative Year The current/ cumulative year for which the report is generated. Period The current/ cumulative period of the year for which the report is generated. Planned Hours The estimated number of hours required for the completion of the project in the current/ cumulative period. Calculations are based on the Earned Value (EV) method, defined on the activity. Actual Hours The actual hours used to complete the project in the current/ cumulative period. Balance Hours The balance hours in the current/ cumulative period, calculated using the formula:
        (Planned Hours - Actual Hours)
  - Balance Hours % The balance hours expressed as a percentage:
        ((Planned Hours - Actual Hours)/ Planned Hours))*100