Report Builder and Ad-hoc Reports

Report Builder is an end user product that lets business users to create ad-hoc reports based on information stored in both relational and OLAP data stores. Report builder comes with templates for table, matrix, and chart reports.

Ad-hoc reports are the reports which a user can create using report model project. These reports have a predefined layout which is a standard layout from Microsoft. Users can select columns from different table or views and can generate the request as  per requirement.