How Are You Using Planned vs. Actual Hours Data?

Our organization recently started tracking actual hours in Workfront, and we're looking for ideas on how other teams use that data to improve planning and resource management.

Specifically, we’re interested in learning:

• How do you analyze planned vs. actual hours?
• What reports, dashboards, or metrics have you found most valuable? 
• If you use template-based work, how do you leverage actuals to refine the planned hours in your templates over time?
• Have you established any process or cadence for reviewing planned vs. actual variances?

We're hoping to move beyond simply collecting the data and start using it to make better decisions around capacity planning, forecasting, staffing, and template optimization.

Would love to hear what's worked well (or not worked well) for your team!