ACRONYMS Flashcards
AC
ACTUAL COST
ADR
ALTERNATIVE DISPUTE RESOLUTION
AT
ACTUAL TIME
BAC
BUDGET AT COMPLETION
BOOT
BUILD, OWN, OPERATE, TRANSFER
CCB
CHANGE CONTROL BOARD
COQ
COST OF QUALITY
CPAF
COST PLUS AWARD FEE
CPFF
COST PLUS FIXED FEE
CPI
COST PERFORMANCE INDEX
CPIF
COST PLUS INCENTIVE FEE
CPM
CRITICAL PATH METHOD
CV
COST VARIANCE
DB
DESIGN BUILD
DFX
DESIGN FOR X
EAC
ESTIMATE AT COMPLETION
EAD
ESTIMATED ACTIVITY DURATION
EEF
ENTERPRISE ENVIROMENTAL FACTORS
EF
EARLY FINISH
EMV
ESTIMATED MONETARY VALUE
ES
EARLY STATE OR EARNED SCHEDULE
ETC
ESTIMATE TO COMPLETION
EV
EARNED VALUE
EVM
EARNED VALUE MANAGEMENT
FF
FINISH TO FINISH
FFP
FIRM FIXED PRICE
FPEPA
FIXED PRICE WITH ECONOMIC PROCE ADJUSTMENTS
FPIF
FIXED PRICED INCENTIVE FEE
FS
FINISH TO START
FV
FUTURE VALUE
IFB
INVITATION FOR BID
IRR
INTERNAL RATE OF RETURN
LOE
LEVEL OF EFFORT
LF
LATE FINISH
LS
LATE START
M
MOST LIKELY
MBO
MANAGEMENT BY OBJECTIVES
MBWA
MANAGEMENT BY WALKING AROUND
MSA
MASTER SERVICE AGREEMENT
NPV
NET PRESENT VALUE
O
OPTIMISTIC
OBS
ORGANIZATIONAL BREAKDOWN STRUCTURE
OPA
ORGANIZATIONAL PROCESS ASSETS
P
PESSIMISTIC
PDCA
PLAN DO CHECK ACT
PDU
PROFESSIONAL DEVELOPMENT UNIT
PERT
PROGRAM EVALUATION AND REVIEW TECHNIQUE
PESTLE
POLITICAL, ECNOMIC, SOCIAL, TECHNOLOGICAL, LEGAL, AND ENVIROMENTAL
PMBOK
PROJECT MANAGEMENT BODY OF KNOWLEDGE
PMI
PROJECT MANAGEMENT INSTITUTE
PMIS
PROJECT MANAGEMTN INFORMATION SYSTEM
PMO
PROJECT MANAGEMENT OFFICE
PMP
PROJECT MANAGEMENT PROFESSIONAL
PV
PLANNED VALUE OR PRESENT VALUE
QFD
QUALITY FUNCTION DEPLOYMENT
RACI
RESPONSIBLE, ACCOUNTABLE, CONSULT, AND INFORM
RAM
RESPONSIBILITY ASSIGNMENT MATRIX
RCA
ROOT CAUSE ANALYSIS
RBS
RISK BREAKDOWN STRUCTURE
RFI
REQUEST FOR INFORMATION
RFQ
REQUEST FOR QUOTATION
ROI
RETURN ON INVESTMENT
SD
STANDARD DEVIATION
SF
START TO FINISH
SMART
SMART, MEASUREABLE, ATTAINABLE, RELEVANT, AND TIMELY
SOW
STATEMENT OF WORK
SPI
SCHEDULE OF PERFORMANCE INDEX
SS
START TO START
SV
SCHEDULE VARIANCE
SWOT
STRENGTHS, WEAKNESSES, OPPORTUNITIES, AND THREATS
TCPI
TO COMPLETE PERFORMANCE INDEX
TQM
TOTAL QUALITY MANAGEMENT
VAC
VARIANCE AT COMPLETION
VUCA
VOLATILITY, UNCERTAINTY, COMPLEXITY, AND AMBIGUITY
WBS
WORK BREAKDOWN STRUCTURE