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FTE

in Project Management

Summary:

The requirement is to plan and budget labor resources using Full-Time Equivalent (FTE) instead of Hours.

For example, while defining the project budget or planning resources in Oracle Fusion PPM, instead of assigning labor effort in hours (e.g., 40 hours), 
the user wants to allocate resources based on FTE values.

For instance, for the project role Technician, the effort will be assigned as 5 FTEs against a specific project task.

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