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(1). A sense of camaraderie and service. The term is usually used when indicating to someone that they (or their team) are being obstructive or unhelpful.
“You know, Mike, I’m not really getting a warm and fuzzy feeling from you guys on this. All we’re asking is that you take on this extremely time-consuming project at half your normal fee. This is for a really huge client of ours, you know!”
(1). “Level Of Effort”, or in other words, how much of a pain in the processors it’s going to be to do whatever the business wants you to do to the system.
“Okay, so after further analysis, our LOE has changed a bit. We now think it’s going to take 378.4 man-days to complete this phase of the project. So, based on that, we’re going to need to allocate 25.6 man-boys to this effort.”
(1). In finance, a term used to describe non-financial client services (e.g. Advising on family matters, concierge services, etc.) most of which are provided generally without compensation.
