- - | # Time Phased Hours by Project/ Activity The Time Phased Hours by Project/ Activity report displays the time phased budget data and the actual hours utilized for the project in the current and the cumulative periods at the activity level. Time phasing is based on the Earned Value (EV) method, defined for the activity. Select the required activity and click Time Phased Hours by Project/ Activity/ Cost Component or Time Phased Hours by Project/ Activity/ Control Code to view the report for: The time phased budget data and the actual hours utilized for the project in the current and the cumulative periods at the project/ activity/ cost component level The time phased budget data and the actual hours utilized for the project in the current and cumulative periods 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: Activity (Description) The activity linked to the project. 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