When viewing my project details, there is a Financial Summary panel to the right, how is this calculated?

The Financial Summary is calculated using the Budgeted Revenue, Budgeted Cost and Percent Complete fields (available when entering or editing Project Details), and the Total Hourly Cost of each of your employees. The system calculates the cost to date by adding up the cost of the hours already spent on the project, and then uses this information and the percent complete to calculate the projected cost of the project. Please note the percent complete must be updated manually by an administrator as the project progresses in order to ensure an accurate projection.