- | # Budget vs Actual Hours by Project The Budget vs Actual Hours by Project report displays the planned hours against the actual hours of the project, for the available budget. Select the required project and click Budget vs Actual 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 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. The report displays: Project The code of the project for which the report is generated. Planned Hours The budgeted hours required for the completion of the project. 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 amount expressed as a percentage:
      ((Planned Hours - Actual Hours)/ Planned Hours))*100