Use this screen to display Profitability Variance by category on T&M Contracts. The report shows labor hour variances by employee for all hours charged and budgeted to the project selected in the Navigation and all tasks below that level, as well as potential revenue variance based on hours multiplied by Contract Labor rates. The columns include variances for Period, YTD and ITD hours, burdened actual cost and potential billing amount, ITD Profit, % Variance.
If you click the + icons next to the employee name, the report display all variances for each project charged or budgeted by that employee. You can click a Project line to display the Budget and Actual hours. If EACs are created for the projects, You can opt to display a summary based on the current EAC information by selecting either Budget or EAC option buttons.