You can define these Task settings:
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Colors for overdue and completed tasks.
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Whether Outlook should remind you about tasks that have due dates, and what the default reminder time should be when you create a new task.
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How many task working hours there are in each day and week. The values you set for these work hours figure into the computation of Total Work and Actual Work (on the Details tab of an individual task).
Task options
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Set reminders on tasks with due dates   Turn reminders on or off for both your own tasks, and ones assigned to others. The box will be grayed unless you change the default reminder time.
Default reminder time   Choose a time of day for the reminder to pop up. The default is 8am.
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Keep my task list updated with copies of task I assign to other people   On by default. If cleared, your task list will only reflect your own tasks.
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Send status report when I complete an assigned task   Sends a status report to the person who assigned you a task when you complete it, and you will receive status reports when others finish tasks you've assigned.
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Overdue task color   Assign the color that tasks in your list are changed to when they are overdue.
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Completed task color   Assign the color that tasks in your list are changed to when they are completed.
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Set Quick Click flag   Choose a flag (today, tomorrow, complete, etc) that is set on a task when you single click in the Flags column in certain table views.
Work hours
These settings are used by Outlook to calculate the time to finish a task, and completed hours.
Task working hours per day   Set for the number of hours a day to work on a task.
Task working hours per week   Set for the number of hours per week when working on a task.
For more info on tasks, see Create tasks and to-do items.
