Full-time equivalent (FTE) is a unit that indicates the workload of an employed person (or student) in a way that makes workloads comparable across various contexts. FTE is often used to measure a worker`s involvement in a project, or to track cost reductions in an organization. An FTE of 1.0 means that the person is equivalent to a full-time wor....
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http://en.wikipedia.org/wiki/Full-time_equivalent
A term used in scheduling and budgeting, whereby the number of scheduled hours is divided by the hours in a full work week. The hours of several part time agents may add up to one FTE.
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http://www.confero.co.uk/glossary.htm
A measure of the size of the workforce that takes account of the fact that some people work part-time. Prior to 1 April 1995 part-time employees were assumed to work 50 per cent of normal hours, but since then actual hours worked has been used in DASA`s statistics. The average hours worked by part-timers is about 60 per cent of full-time hours. See…
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http://www.encyclo.co.uk/visitor-contributions.php
Represents the number of participants and the percent of time each is allocated to the project. For example, if one team member responsible for procurement works half time on the project, then the procurement contribution to the FTE measure is 0.5. Likewise, if two project controls specialists work on the team full time, they contribute 2.0 FTE.
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https://www.construction-institute.org/resources/knowledgebase/about-the-kn
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