Earned value

Percentage of the actual work accomplished compared to the work planned for each WBS element.

Economic forces

Forces that affect the availability, production, and distribution of a society's resources.


A customer's view of the usefulness of the project deliverables.


Exhibiting a high ratio of output to input.


Enabling followers to take responsibility for actions.

Enterprise resource planning (ERP)

An industry term for the broad set of activities supported by multi-module application software that helps a manufacturer or other business manage the important parts of its business, including product planning, parts purchasing, maintaining inventories, interacting with suppliers, providing customer service, and tracking orders.


To arouse strong feeling in an unofficial commitment and to have fun in anticipation of official commitment; to boost the morale of the team and make them believe that their project work is important.

Executing stage/project executing

The third of the four stages in the project lifecycle model. The time when most of the actual hands-on project work is accomplished and most of the money is spent, as plans are implemented.

Executive team

Top executive and his or her direct reports who collectively make many organizational decisions.

Project Leadership
Project Leadership
ISBN: 0071388672
EAN: 2147483647
Year: 2005
Pages: 106

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