- | # Time Phased Project Performance The Time Phased Project performance report allows you to review the time phased budget and the actual cost data of the project for 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 Budget vs Actuals by Project/ Activity to view the report. To generate the report, specify: Currency Type The type of the currency used for the project. 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 An area of commercial endeavour. 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. Actual Cost
      Actual Cost = Actual Cost + Hard Commitment
  or
      Actual Cost = Actual Cost + Hard Commitment + Soft
      		  Commitment
- - The report displays this data: Project The code of the project for which the report is generated. Currency The project currency. Note: This value is based on the Currency Type, selected in the settings. Period/ Cumulative Year The current/ cumulative year for which report is generated. Period The current/ cumulative period of the year for which report is generated. Budget The budget allocated to the project in the current/ cumulative period. Actual Cost The actual cost incurred on the project in the current/ cumulative period. Balance Budget The balance amount in the current/ cumulative period, calculated using the formula:
        (Budget - Actual Cost)
  - Balance Budget % The balance amount expressed as a percentage:
        ((Budget - Actual Cost)/ Budget))*100