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PMP Prep > PMP Acronyms > Flashcards

PMP Acronyms Flashcards

1
Q

NOPAT

A

Net Operating Profits After Taxes

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2
Q

NIAT

A

Net Income After Taxes

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3
Q

RBS

A

Risk Breakdown Structure

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4
Q

RBS

A

Resource Breakdown Structure

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5
Q

IRR

A

Internal Rate of Return

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6
Q

EVM

A

Earned Value Management

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7
Q

EMV

A

Expected Monetary Value

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8
Q

BAC

A

Budget at Completion

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9
Q

EAC

A

Estimate at Completion (Budget Forecast)

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10
Q

EV

A

Earned Value

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11
Q

PV

A

Planned Value

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12
Q

ETC

A

Estimate to Completion

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13
Q

CV

A

Cost Variance

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14
Q

SV

A

Schedule Variance

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15
Q

CPI

A

Cost Performance Index

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16
Q

SPI

A

Schedule Performance Index

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17
Q

AC

A

Actual Cost (Cost Incurred)

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18
Q

VAC

A

Variance at Completion

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19
Q

BCR

A

Benefit Cost Ratio

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20
Q

WBS

A

Work Breakdown Structure

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21
Q

AON

A

Activity on Node

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22
Q

PDM

A

Precedence Diagramming Method

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23
Q

ADR

A

Alternative Dispute Resolution

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24
Q

PDCA

A

Plan-Do-Check-Act Cycle

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25
Q

ROM

A

Rough Order of Magnitude

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26
Q

TQM

A

Total Quality Management

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27
Q

PMO

A

Project Management Office

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28
Q

PBO

A

Project Based Organization

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29
Q

SOW

A

Statement of Work

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30
Q

SME

A

Subject Matter Expert

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31
Q

CCB

A

Change Control Board

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32
Q

FS

A

Finish to Start

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33
Q

SF

A

Start to Finish

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34
Q

SS

A

Start to Start

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35
Q

FF

A

Finish to Finish

36
Q

CCM

A

Critical Chain Method

37
Q

CPM

A

Critical Path Method

38
Q

COQ

A

Cost of Quality

39
Q

PMB

A

Performance Measurement Baseline

40
Q

TCPI

A

To Complete Performance Index

41
Q

7QC Tools

A

Seven Basic Quality Tools

42
Q

DOE

A

Design of Experiments

43
Q

PDPC

A

Process Decision Program Charts

44
Q

OBS

A

Organization Breakdown Structure

45
Q

PERT

A

Program Evaluation and Review Technique

46
Q

RAM

A

Resource Assignment Matrix

47
Q

RACI

A

Responsible, Accountable, Consult, Inform

48
Q

SWOT

A

Strengths, Weaknesses, Opportunities, Threats

49
Q

FFP

A

Fixed Firm Price

50
Q

FP-EPA

A

Fixed Price - Economic Price Adjustment

51
Q

CPFF

A

Cost Plus Fixed Fee

52
Q

CPIF

A

Cost Plus Incentive Fee

53
Q

CPAF

A

Cost Plus Award Fee

54
Q

T&M

A

Time and Materials

55
Q

RFI

A

Request for Information

56
Q

RFP

A

Request for Proposal

57
Q

IFB

A

Invitation for Bid

58
Q

RFQ

A

Request for Quote

59
Q

WAS

A

Work Authorization System

60
Q

PMIS

A

Project Management Information System

61
Q

EVA

A

Economic Value Added

62
Q

PV

A

Present Value

63
Q

NPV

A

Net Present Value

64
Q

ROI

A

Return on Investment

65
Q

ROIC

A

Return on Invested Capitol

66
Q

ES

A

Early Start

67
Q

EF

A

Early Finish

68
Q

LS

A

Late Start

69
Q

LF

A

Late Finish

70
Q

JIT

A

Just in Time

71
Q

ACWP

A

Actual Cost of Work Performed

72
Q

BWCP

A

Budgeted Cost of Work Performed (EV)

73
Q

BCWS

A

Budgeted Cost of Work Schedule (PV)

74
Q

CAP

A

Control Account Plan

75
Q

CRC

A

Cost-Reimbursable Contract

76
Q

JAD

A

Joint Application Design/Development

77
Q

LOE

A

Level of Effort

78
Q

SIPOC

A

Supplier Input Process Output Customer

79
Q

VOC

A

Voice of the Customer

80
Q

PTA

A

Point of Total Assumption

81
Q

FMEA

A

Failure Mode and Effect Analysis

82
Q

IFB

A

Invitation for Bid

83
Q

OBS

A

Organizational Breakdown Structure

84
Q

QFD

A

Quality Function Deployment

85
Q

MOU

A

Memorandum of Understanding

86
Q

QC

A

Quality Control

PMP Prep (4 decks)

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