This code was to be removed in saas-7 (which went the way of the dodo)
project_time_mode_id is now only on hr_timesheet
This was creating an ir.model.data entry with res_id=0 (not record found).
A ir.model.data without id triggers a warning in the trans_generate method when
trying to export the translations of the module project (where the reference
fails to be resolved)