Glossary E Flashcards
(14 cards)
Earned Value (EV).
The measure of work performed expressed in terms of the budget authorized for that work
Earned Value Analysis (EVA).
An analysis method that uses a set of measures associated with scope, schedule, and cost to determine the cost and schedule performance of a project
Effort.
The number of labor units required to complete a schedule activity or work breakdown structure component, often expressed in hours, days, or weeks. Contrast with duration
Emotional Intelligence.
The ability to identify, assess, and manage the personal emotions of oneself and other people, as well as the collective emotions of groups of people
Enterprise Environmental Factors (EEF).
Conditions, not under the immediate control of the team, that influence, constrain, or direct the project, program, or portfolio
Epic.
A large, related body of work intended to hierarchically organize a set of requirements and deliver specific business outcomes
Estimate.
A quantitative assessment of the likely amount or outcome of a variable, such as project costs, resources, effort, or durations
Estimate at Completion (EAC).
The expected total cost of completing all work expressed as the sum of the actual cost to date and the estimate to complete
Estimate to Complete (ETC).
The expected cost to finish all the remaining project work
Estimating Methods.
Methods used to develop an approximation of work, time, or cost on a project
Executing Process Group.
Those processes performed to complete the work defined in the project management plan to satisfy the project requirements
Expected Monetary Value (EMV).
The estimated value of an outcome expressed in monetary terms
Explicit Knowledge.
Knowledge that can be codified using symbols such as words, numbers, and pictures
External Dependency.
A relationship between project activities and non-project activities
