E

earned value (EV)

The value of the work that has been completed and the budget for that work: EV = %Complete * BAC.

Earned Value Management (EVM)

Earned Value Management integrates scope, schedule, and cost to give an objective, scalable point-in-time assessment of the project. EVM calculates the performance of the project and compares current performance against the plan. EVM can also be a harbinger of things to come. Results early in the project can predict the likelihood of the project s success or failure.

effective listening

The receiver is involved in the listening experience by paying attention to the speaker s visual clues and paralingual intentions and by asking relevant questions.

encoder

Part of the communications model, an encoder is the device or technology that packages the message to travel over the medium.

Estimate at Completion (EAC)

A hypothesis of what the total cost of the project will be. Before the project begins, the project manager completes an estimate for the project deliverables based on the WBS. As the project progresses, there will likely be some variances between what the cost estimate was and what the actual cost is. The EAC is calculated to predict what the new estimate at completion will be. The formula for the EAC is as follows : EAC = BAC/CPI.

Estimate to Complete (ETC)

Represents how much more money is needed to complete the project work: ETC = EAC “ AC. This value can also be found through BAC-AC.

evaluation criteria

This criteria is used to rate and score proposals from sellers. In some instances, such as a bid or quote, the evaluation criterion is focused just on the price the seller offers. In other instances, such as a proposal, the evaluation criteria can be multiple values: experience, references, certifications, and more.

executing

The project plans are carried out, or executed; the project manager coordinates people and other resources to complete the plan.

expectancy theory

People will behave on the basis of what they expect as a result of their behavior. In other words, people will work in relation to the expected reward for the work.

expert power

A type of power where the authority of the project manager comes from experience with the area that the project focuses on.