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In this video tutorial, viewers are introduced to creating a custom time management application using Microsoft Power Apps. The presenter discusses the need for a simpler, more cost-effective solution for time sheet management. A custom template is provided for easy download and customization. Key features of the application are highlighted, including a landing page and the ability to add new time sheets with a convenient weekly time selection dropdown. The purpose of the template is to serve as a base scenario for users to manage weekly time sheets according to their specific requirements. The tutorial will also cover an overview of the application's functionality and customization options.