- - | # Hours Forecast by Project/ Activity/ Control Code The Hours Forecast by Project/ Activity/ Control Code report allows the project manager to analyze the planned hours, the actual hours utilized to complete the project and determine the variance; at the control code level. Note The hours forecast report at the control code level is displayed only for the cost type, Labor. To generate the report, specify: Company The code of the company. Project The code of the project for which the report is generated. Activity (Description) The activity linked to the project. The report displays: Control Code (Description) The control code linked to the project. Planned Hours The estimated 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 (ETC) Estimate To Complete is the additional cost incurred for an activity or a project.
        Estimate To Complete = Estimate At Completion - Actual Hours
  - Estimate At Completion (EAC) Estimate At Completion is the total cost incurred for an activity or a project. Variance At Completion (VAC) Variance At Completion is the difference between the budgeted hours and the estimated hours, at the completion of the project.
        Variance At Completion = Planned Hours - Estimate At Completion