Managing people, time, budgets, and workloads is one of the most important parts of successful project management. With 59% of project managers now handling between 2 and 5 projects simultaneously, a project manager needs to know not only how many people are working on a project, but also how much full-time capacity those people represent. This is where FTE in Project Management becomes useful. FTE stands for Full-Time Equivalent . It is a standard way to measure the amount of work performed by employees or contractors based on a full-time working schedule. For example, two employees working half-time may represent one full-time employee when combined. A full time equivalent calculator makes this calculation much easier. Instead of manually calculating employee hours, project managers can enter working hours and quickly determine the FTE required or available for a project. In this guide, we will explain FTE from beginner to advanced level, show practical project management ex...
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