Time Analysis Tab
The Time Analysis tab allows you to track hours and dollars budgeted for individual disciplines against actual values based on timesheets. This helps you assess the financial health of each project, comparing budgeted to actual performance, as well as costs, billings, and earned value for project-to-date and estimated at completion.
Budget to Actual – Hours chart
The Budget to Actual - Hours bar chart depicts the values shown in the Hours columns on the Time Analysis tab. The bar chart includes the following elements:
Budget to Actual - Dollars chart
The Budget to Actual - Dollars bar chart depicts the values shown in the Dollars columns on the Time Analysis tab. The bar chart includes the following elements:
Phase
The name of the phase. By default, the grid is grouped by phase. You can expand the phase to view the discipline level detail for each phase.
To view additional detail of hours logged against the phase per employee, right click on the phase and select Show Expanded Detail to open the Timesheet Detail dialog box.
Discipline
The name of the discipline. The list of available disciplines is obtained from your accounting system. When the grid is grouped by phase, you can view the disciplines by expanding the phase.
Budget Hours
Displays the number of hours budgeted for the project phase. Expand the phase detail to view the budgeted hours per discipline.
To view the Budget Hours column, select Show Hours in the Time Analysis section of the ribbon bar.
Actual hours
Displays the actual number of hours logged against the project phase to date. The value is obtained from timesheet entries in your accounting system. Expand the phase detail to view the actual hours per discipline.
To view the Actual hours column, select Show Hours in the Time Analysis section of the ribbon bar.
Balance
Displays the amount of budgeted hours remaining. The value is calculated by subtracting the actual hours worked from the budgeted hours total.
To view the Balance column for hours, select Show Hours in the Time Analysis section of the ribbon bar.
Budget Hours TD (to date)
Displays the expected number of budgeted hours that should have been used to date, assuming an even distribution of effort across the phase.
To view the Budget Hours TD column, select Show Hours in the Time Analysis section of the ribbon bar.
Variance TD (to date)
Displays the current variation of the actual hours logged from the expected even distribution of effort across the phase. The value is calculated by subtracting the actual hours logged from the budgeted hours to date.
To view the Variance TD column for hours, select Show Hours in the Time Analysis section of the ribbon bar.
Budget Cost
Displays the labor cost budgeted for the project phase. Expand the phase detail to view the budgeted cost per discipline.
To view the Budget Cost column, select Show Dollars in the Time Analysis section of the ribbon bar.
Actual Cost
Displays the actual cost of labor logged against the project phase to date. The value is obtained from timesheet entries in your accounting system. Expand the phase detail to view the actual cost per discipline.
To view the ActualCost column, select Show Dollars in the Time Analysis section of the ribbon bar.
Balance
Displays the amount of budgeted labor cost remaining for the phase. The value is calculated by subtracting the actual labor cost reported from the total budgeted cost.
To view the Balance column for cost, select Show Dollars in the Time Analysis section of the ribbon bar.
Budget Cost TD (to date)
Displays the expected amount of budgeted cost that should have been incurred to date, assuming an even distribution of effort across the phase.
To view the Budget Cost TD column, select Show Dollars in the Time Analysis section of the ribbon bar.
Variance TD (to date)
Displays the current variation of the actual cost incurred from the expected even distribution of effort across the phase. The value is calculated by subtracting the actual cost incurred from the budgeted cost to date.
To view the Variance TD column for cost, select Show Dollars in the Time Analysis section of the ribbon bar.
Additional Columns
The field chooser contains additional columns which may be added to the grid. For the Time Analysis tab this includes:
Related Topics
To access this tab
Click the Time Analysis tab in the main Project Analyzer window.