PMP 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-Finish

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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