This looks like your project administrator has set up 408 hr to be the Time Remaining Min and Max value in version statistics. This document explains how you configure statistics in GreenHopper: http://confluence.atlassian.com/display/GH/Configuring+Statistics
@Jack Graves [AC] first caught our eye with his incredible breakdown of what, in his opinion, can make or break a Jira software implementation. (Read his thoughts on this thread)! In this follow...
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