• On the Project Task form, we can find 9 different fields, each providing us with different data we can use about our Project Tasks.



1.Proposed Remaining Hours:
  • This field will display the remaining hours on the task as proposed by a project resource.
  • The Proposed Remaining Hours have not yet been approved by a Project Manager.
2. Estimated Effort:
  • This field displays the original estimated effort needed to complete this Project Task.
3. Remaining Hours: 
  • This field shows the Remaining Hours needed to complete the Task.
  • It is calculated by subtracting the Actual Hours from the EAC (EAC - Actual Hours)
4. Effort Estimate at Complete (EAC):
  • Shows a forecast of an estimated total effort required to complete the task.
  • Shows how hours are estimated to be booked by the time this task is completed.
  • It is calculated by adding the Remaining Hours + the Actual Hours (Remaining Hours + Actual Hours)
5. Effort Variance: 
  • This field displays the variance between the estimated work & the forecasted work based on the estimate at completion (EAC)
  • It is calculated by subtracting the EAC from the estimated effort (Estimated Effort - EAC).
6.Actual Hours:
  • Shows all hours submitted against the task.
  • As Time entries are approved against the task, that time becomes Actual Hours for the task.
7.Pending Hours:
  • Hours that are currently in Draft or Submitted, but not yet approved by a project manager.
  • Automatically Populates when a new time entry is added.
  • If a new Time entry of two hours is added, Pending hours will be increased by two until that time entry is approved.
8.Proposed Effort Estimate at Complete (EAC):
  • This field shows the estimate of hours once the task is completed, as proposed by a Project resource, but not yet approved by a project manager.
  • It is calculated by adding Actual Hours, Pending Hours, & Remaining Hours. (Actual + Pending + Remaining Hours)
9.Proposed Effort Variance:
  • This field will display the impact of Pending hours and Proposed Remaining hours on the project task.
  • It is calculated by subtracting the Proposed EAC from the EAC (EAC - Proposed EAC)
 

 
Keywords: Time, Effort, Remaining Hours, EAC, Project Task