Hours or Utilization
This field is used to indicate whether the assignment or plan entry will be entered in Hours or Utilization rate units.
If Utilization is used for data entry, all entries are converted to hours based on a Full Time Equivalent value that you are looking to plan or assign. Note that the user's business week definition will be used. For example, if you have a 20 hour business week, then 4 hours per day is considered to be 1 FTE, or 100% Utilization.
Having an assignment permits charging to a project/task. If you specify a Budget (Hours or Utilization), however, the user's time entry will be limited to that amount if the Allow the budget to be exceeded flag is unchecked on the Project > People Assignments page. If the Allow the budget to be exceeded flag is checked, then the system will allow a timesheet user to enter any number of hours in their timesheet. This limitation will be enforced during a timesheet submit action. The number of hours considered during this validation will be all hours charged for the current user to a project/task with all of the same attributes on the current assignment (i.e., user, project/task, project type, pay code, labor category, location).