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Earned value management

Earned value management

Earned value management, abbreviated as EVM, is a control method used to measure and assess the progress of a project. It integrates costs, time, and performance by comparing actual progress with planned progress. EVM allows for a precise assessment of project costs and completion.

Efficiency improvement

Efficiency improvement

Efficiency improvement in project management refers to optimising the use of resources to achieve desired results with minimal effort. Through the identification and elimination of waste, process improvements and careful resource planning, efficiency improvement aims to increase productivity and effectively achieve project goals.

Efficiency variance

Efficiency variance

Efficiency variance is the difference between planned costs and actual costs for a specific work package. It indicates how economically the work was carried out.

Effort

Effort

Effort describes the consumption of resources in a project, be it money, working time, material or machine capacity.

Eisenhower matrix

Eisenhower matrix

The Eisenhower matrix assists in prioritising tasks. Tasks are categorised based on their importance and urgency, and an appropriate strategy for handling tasks is then selected.

Emotional Intelligence

Emotional Intelligence

Emotional Intelligence, also known as EI or Emotional Quotient (EQ), describes the ability to understand and effectively use one's own and others' emotions. A high EI helps to better understand team members, resolve conflicts, and conduct effective negotiations.

End sequence

End sequence

The end sequence describes the relationship between two activities in a network. It is also referred to as an end-to-end relationship. The end sequence exists between the end of the preceding activity and the end of the subsequent activity.

Epics

Epics

Epics are particularly large user stories that are too complex for typical assessment and implementation. They usually need to be further subdivided into manageable tasks that can be implemented within a development interval.

Escalation management

Escalation management

Escalation management is the process of gradually escalating problems or conflicts within a project to address them appropriately, albeit efficiently. Problems are forwarded from lower levels to higher decision-makers if a solution at a lower level is not achievable. Escalation management helps resolve deadlock situations or make project processes smoother.

Escalation procedure

Escalation procedure

The escalation procedure is a defined process for the case that disturbances have occurred that cannot be managed with the normal means of project control.

Estimate at completion

Estimate at completion

The estimate at completion is an estimate of the total costs.

Estimate to completion

Estimate to completion

The estimate to completion indicates the costs that are expected to be incurred.

Execution plan

Execution plan

An execution plan is a document that describes how a project will be executed, monitored and controlled. This includes: detailed procedures, resources, schedules, budgets, risk management and other essential aspects that are implemented during the execution phase of a project. The execution plan serves as a guide for the project team to ensure that the planned activities are carried out efficiently and in accordance with the defined objectives.

Execution process

Execution process

The execution process, also known as the realisation process, follows the initialisation process and involves the actual implementation of the planned activities and tasks in order to achieve the project objectives. In the execution process, the tasks are carried out, progress is monitored and adjustments are made if necessary to ensure that the project is successfully completed. The project completion process follows the execution process.

External labour

External labour

External labour refer to the subtasks or work packages that are outsourced to external service providers or subcontractors, as opposed to in-house work.

External project

External project

An external project is a contract project where the customer and the executing company are separate entities entering into a contract.

Extreme Programming

Extreme Programming

Extreme Programming, abbreviated as XP, is an agile method in software development that is based on the values of simplicity, communication, feedback, courage and respect, and uses specific principles and practices.