Common Acronyms Flashcards

1
Q

AC

A

actual cost

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2
Q

BAC

A

budget at completion

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3
Q

CCB

A

change control board

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4
Q

COQ

A

cost of quality

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5
Q

CPAF

A

cost plus award fee

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6
Q

CPFF

A

cost plus fixed fee

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7
Q

CPI

A

cost performance index

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8
Q

CPIF

A

cost plus incentive fee

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9
Q

CPM

A

critical path method

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10
Q

CV

A

cost variance

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11
Q

EAC

A

estimate at completion

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12
Q

EF

A

early finish date

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13
Q

ES

A

early start date

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14
Q

ETC

A

estimate to complete

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15
Q

EV

A

earned value

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16
Q

EVM

A

earned value management

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17
Q

FF

A

finish-to-tinsh

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18
Q

FFP

A

firm fixed price

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19
Q

FPEPA

A

fixed price with economic price adjustment

20
Q

FPIF

A

fixed price incentive fee

21
Q

FS

A

finish-to-start

22
Q

IFB

A

invitation for bid

23
Q

LF

A

late finish date

24
Q

LOE

A

level of effort

25
Q

LS

A

late start date

26
Q

OBS

A

organizational breakdown structure

27
Q

PDM

A

precedence diagramming method

28
Q

PMBOK

A

Project Management Body of Knowledge

29
Q

PV

A

planned value

30
Q

QFD

A

quality function deployment

31
Q

RACI

A

responsible, accountable, consult, and inform

32
Q

RAM

A

responsibility assignment matrix

33
Q

RBS

A

risk breakdown structure

34
Q

RFI

A

request for information

35
Q

RFP

A

request for proposal

36
Q

RFQ

A

request for quotation

37
Q

SF

A

start-to-finish

38
Q

SOW

A

statement of work

39
Q

SPI

A

schedule performance index

40
Q

SS

A

start-to-start

41
Q

SV

A

schedule variance

42
Q

SWOT

A

strengths, weaknesses, opportunities, and threats

43
Q

T&M

A

time and material contract

44
Q

VAC

A

variance at completion

45
Q

WBS

A

work breakdown structure