Acronyms Flashcards
AC
Actual cost
7QC
Seven basic quality tools
1) Cause and effect diagrams
2) Flowcharts
3) Checksheets
4) Pareto diagrams
5) Histograms
6) Control charts
7) Scatter diagrams
ACWP
Actual cost of work performed. (AC)
ADM
Arrow diagramming method
- Used less than the PDM
- Activities placed on arrows
- Arrows represent activities and relationships
- called activity-on-arrow or activity-on-line diagram
- Only uses finish to start rlationships
ADR
Alternative dispute resolution
AE
Apportioned effort
ANSI
American National Standards Institute
AOA
Activity on arrow
AON
Activity-on-Node
B/C
Benefit/cost ratio
BAC
Budget at completion
BCR
Benefit-Cost Ratio
BCWS
Budgeted cost of work scheduled. (PV)
BCWP
Budgeted cost of work performed. (EV)
BELA
Business Ethics Leadership Alliance
BOE
Basis of estimate
CA
1) Control account
2) Cost account
CAPM
Certified Associate in Project Management
CBT
Computer based testing
CCB
Change control board
CCM
Critical chain method
CCR
Continuing certification requirements
cE
Expected cost
CEO
Chief Executive Officer
CGC
Certification Governance Council
cM
Most likely (cost)
CMMI
Capability Maturity Model Integration
cO
Optimistic (cost)
COA
Course of Action
COQ
Cost of Quality
cP
Pessimistic (cost)
CPAF
Cost plus award fee contracts
CPFF
Cost plus fixed fee contracts
CPI
Cost performance index
CPIF
Cost plus incentive fee contracts
CPM
Critical path method
CV
Cost variance
DIKW
Data, Information, Knowledge and Wisdom (KM model)
DISC
Dominance, Influence, Steadiness, Conscientiousness
DOE
Design of experiments
DU/DUR
Duration
EAC
Estimate at completion
EEF
Enterprise environmental factors
EF
Early finish date
EMV
Expected Monetary Analysis
EPMO
Enterprise Project Management Office
ESDC
Ethics Standards Development Committee
ETC
Estimate to complete
ESRC
Ethics Standards Review Committee
EV
Earned value
EVM
1) Earned value management
2) Earned value measurement
EVA
Earned value analysis
EVM
Earned value management
FAQ
Frequently asked questions
FCPA
Foreign Corrupt Practices Act
FFP
Firm fixed price contracts
FF
Finish-to-finish
FP-EPA
Fixed price with economic price adjustment contracts
FPIF
Fixed price incentive fee contracts
FS
Finish-to-start
FTA
Fault tree analysis
FMEA
Failure mode and effect analysis
FTP
File transfer protocol
GERT
Graphical evaluation and review technique
- Allows for probabilistic treatment of the network diagram
- Very complex and thus not common
- Allows loops between activities
GUI
Graphic user interface
HR
Human resource
ID
Activity identifier
IEC
International Electrotechnical Commission
IFB
Invitation for bid
IFN
Invitation for negotiation
IPECC
Initiate, plan, execute, control, close
IRR
Internal rate of return
ISO
International Organization for Standardization
IT
Information technology
LF
Late finish date
ITTO
Inputs, tools & techniques, and outputs
JAD
joint application design/development
KPI
Key performance indicators
LOE
Level of effort
LCL
Lower control limit
LPTA
low price technically acceptable
LS
Late start date
MAG
member advisory group
MCDA
multi-criteria decision analysis
MBTI
Meyers-Briggs Type Indicator
MOU
Memorandum of understanding
MTBF
mean time between failure
MTTR
mean time to repair
NGO
nongovernmental organization
NGT
Nominal Group Technique
NPV
Net present value
NVA
Non-value added
OBS
organizational breakdown structure
OPA
organizational process assets
OPM
Organizational project management
OPM3
Organizational Project Management Maturity Model
PBO
Project-based organization
PBT
paper-based training
PDCA
plan-do-check-act (cycle)
PDPC
process decision program charts
PDU
professional development units
PERT
program evaluation and review technique
PMI
Project Management Institute
PES
Professional Examination Service
PDM
Precedence Diagramming Method
PM
1) Project Manager
2) Project management
PMB
1) project measurement baseline
2) PV baseline
3) performance measurement baseline
(Made up of two categories, distributed and undistributed)
PgMP
Program Management Professional
PMBOK
Project Management Body of Knowledge
PMI-ACP
PMI Agile Certified Practitioner
PMIS
Project management information system
PMI-RMP
PMI Risk Management Professional
PMP
Project Management Professional
PMO
Project management office
Three types:
1) Supportive
2) Controlling
3) Directive
PMI-SP
PMI Scheduling Professional
PO
purchase order
PPP
project, program, and portfolio
PSOW
Project statement of work
PTA
Point of total assumption
PV
1) Present value
2) Planned value
QA
quality assurance
QCC
Quality Control Circle
QFD
quality function deployment
RACI
responsible, accountable, consult and inform (matrix)
RAM
responsibility assignment matrix
RBS
1) risk breakdown structure
2) resource breakdown structure
RDS
role delineation study
REP
Registered Education Provider
RFI
request for information
RFQ
request for quotation
RFT
request for tender
ROI
Return on investment
ROM
rough order of magnitude
s
Sigma, or Standard deviation
SD
Standard deviation, or sigma
SE
support equipment
SF
start-to-finish
SIPOC
suppliers, inputs, process, outputs, customers (model)
SIR
seller initial response
SLA
Service level agreement
SME
Subject matter expert
SOW
Statement of work
SPI
Schedule performance index
SQL
Structured Query Language
SS
start-to-start
SWOT
strengths, weaknesses, opportunities, and threats
SV
Schedule variance
T & M
time and material contracts
Tm
most likely duration
To
optimistic duration
Tp
pessimistic duration
TCPI
To-Complete Performance Index
USED
use, stop, exploit, defend (SWOT strategy)
TQM
Total quality management
UCL
Upper control limit
VAC
Variance at completion
VOC
voice of the customer
VPN
virtual private network
WBS
work breakdown structure
