Project Management

What's Your EVE Ratio?

From the Strategic Project Management Blog
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As an "accidental" project manager, it's very satisfying to contribute to the project management community online with anecdotes and stories I've picked up from my own experience. I hope you enjoy our daily conversation.

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I recently spoke to Tom Cooper of the Brighthill Group on the TalkingWork podcast. He's a PMP who is now a speaker, trainer and coach who focuses on personal and professional leadership. Tom asks, "What's your EVE Ratio?"

If you're not sure what an EVE ratio is, you're not alone. I didn't know either. It's the ratio of investment you make in education vs. entertainment. Tom suggests (and I wholeheartedly agree) that project leaders need to be investing regularly in their careers and leadership skills. If we content ourselves with the investment our companies are willing to make in us, we are being shortsighted.

I try to spend time every month either reading books, attending webinars or other events to help me become better at my job—and I'm willing to pay for it myself. Particularly with tight budgets and organizations less willing to pay employees for personal development, it's important to continually make that investment in yourself. For example, over the last couple of years I've become a huge fan of Audible and take advantage of my commute each day to keep up to date on thoughts and ideas that will make me better at what I do. That being said, my EVE ratio is probably still weighted on the entertainment side.

Tom kindly shared his list of books, webinars, seminars and podcasts with the TalkingWork audience. We also want to make his Leadership Reading List available here.

Have you ever considered how much time and money you invest in entertainment vs. education? I'm pretty convinced that if you're not willing to invest in your education and career, nobody else will either.


Posted on: January 17, 2012 11:46 AM | Permalink

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Luis Branco CEO| Business Insight, Consultores de Gestão, Ldª Carcavelos, Lisboa, Portugal
Dear Ty
Interesting perspective on the topic: "What's Your EVE Ratio?"
Thanks for sharing

Important point to remember:
"EVE is the proportion of investment you make in education versus entertainment."

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Luis Branco CEO| Business Insight, Consultores de Gestão, Ldª Carcavelos, Lisboa, Portugal
Unfortunately it is not possible to access the list you shared with us

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