A project can be in more than one phase at a time? Not understanding how that can be. What you want can probably be done, but unless I'm misunderstanding the design and goal, it shouldn't be required. This should probably be a main/subform design, with project details (including a single? value for phase) in the main form. The subform would show the hour records by date.
BTW - if those are your real field names, suggest you change them. Date and Name are reserved words. See http://allenbrowne.com/AppIssueBadWord.html
The more we hear silence, the more we begin to think about our value in this universe.
Paraphrase of Professor Brian Cox.