Acronyms Flashcards
AC
Actual Cost
ACWP
actual cost of work performed
BAC
budget at completion
BCWP
budgeted cost of work performed
BCWS
budgeted cost of work scheduled
CCB
change control board
COQ
cost of quality
CPAF
cost plus award fee
CPF
cost plus fee
CPFF
cost plus fixed fee
CPI
cost performance index
CPIF
cost plus incentive fee
CPM
critical path methodology
CV
cost variance
EAC
estimate at completion
EF
early finish date
EMV
expected monetary value
ES
early start date
ETC
estimate to complete
EV
earned value
EVM
earned value management
FF
finish-to-finish
FFP
firm fixed price
FMEA
failure mode and effect analysis
FP-EPA
fixed price with economic price adjustment
FPIF
fixed price incentive fee
FS
finish to start
IFB
invitation for bid
LF
late fi nish date
LOE
level of effort
LS
late start date
OBS
organizational breakdown structure
PDM
precedence diagramming method
PMBOK®
Project Management Body of Knowledge
PMIS
project management information system
PMP
Project Management Professional
PV
planned value
QA
quality assurance
QC
quality control
RACI
responsible, accountable, consult, and inform
RAM
responsibility assignment matrix
RBS
risk breakdown structure
RFI
request for information
RFP
request for proposal
RFQ
request for quotation
SF
start-to-finish
SOW
statement of work
SPI
schedule performance index
SS
start-to-start
SV
schedule variance
SWOT
strengths, weaknesses, opportunities, and threats
T&M
time and material
TQM
Total Quality Management
WBS
work breakdown structure