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Default On Time Calculation

I have two columns, one is Sched Dely Date/Time (O5) and the other is Actual
Dely Date/Time (N5).

If my Sched Dely Date / Time is 04-Mar-10 05:00 PM and the
Actual Dely Date / Time is 04-Mar-10 12:52 PM, the delivery would be on
time. But if I use the IF function of O5N5 it give me a TRUE answer when in
fact it is FALSE. What would be the correct formula?
 
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