COMMON ACRONYMS

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COMMON ACRONYMS
Common acronyms from the textbook, the notes and the PMBOK A-L ACP Accomplishment/ Cost Procedure ACWP Actual Cost of Work Performed AD Activity Description or Activity Diagram ADM Arrow Diagramming Method AEV Actual Earned Value AF Actual Finish date AOA Activity-On-Arrow AON Activity-On-Node AQL Acceptance Quality Level AS Actual Start date BAC Budget At Completion BCWP Budgeted Cost of Work Performed BCWS Budgeted Cost of Work Scheduled BOE Basis Of Estimate CC Critical Chain CCB Change Control Board CEI Cost Efficiency Index (CEI=BCWP/ACWP) CER Cost Estimating Relationship CM Change Management CMM Capability Maturity Model CMP Cost Management Plan CPAF Cost Plus Award Fee M-W MBO Management By Objective MCCS Management Cost and Control System MIS Management Information Systems MPS Master Production Schedule NOW Negotiable Order of Withdrawal NPV Net Present Value OBS Organization(al) Breakdown Structure P&A Price & Availability PBS Product Breakdown Structure PC Percent Complete or Project Charter PCI Percent Complete Index PDM Precedence Diagramming Method PDQR Post Delivery Quality Report PERT Program Evaluation and Review Technique PEV Planned Earned Value PF Planned Finish date PIP Project Implementation Plan PM Project Management or Project Manager PMBOK Project Management Body of Knowledge PMI Project Management Institute PMIOVOC Project Management Institute Ottawa Valley Outaouais Chapter PMO Project Management Office

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COMMON ACRONYMS

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CPFF Cost Plus Fixed Fee CPIF Cost Plus Incentive Fee CPI Cost Performance Index CPPF Cost Plus Percentage Fee CPM Critical Path Method or Cost Performance Management CRM Continuous Risk Management CSOW Contract Statement Of Work CV Cost Variance (CV=BCWP-ACWP) DD Data Date DU DUration DUR DURation EAC Estimate At Completion ECP Engineering Change Proposal EF Early Finish date EMF Enhanced Management Framework EPM Enterprise Project Management ES Early Start date EST Early Start Time ETC Estimate (or Estimated) To Complete (or Completion) EV Earned Value FAC Forecast At Completion FF Free Float or Finish-to-Finish FP Fixed Price FFP Firm Fixed Price FPIF Fixed Price Incentive Fee FS Finish-to-Start

PMP Project Management Professional POETS Plan - Organize - Execute - Track - Steer PRE Precedence RElationship PS Planned Start date PV Price Variance QA Quality Assurance QC Quality Control R&D Research & Development RAM Responsibility Assignment Matrix RDU Remaining DUration RFP Request For Proposal RFQ Request For Quotation ROI Return On Investment ROM Rough Order of Magnitude SEI Software Engineering Institute SF Scheduled Finish date or Start-to-Finish SIC Simple - Inclusive - Consistent SL Slack SME Subject Matter Expert SOI Solicitation Of Interest SOR Statement of Requirements SOW Statement Of Work SPC Statistical Process Control SPI Schedule Performance Index SS Scheduled Start date or Start-to-Start SV Schedule Variance (SV=BCWP-BCWS)

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COMMON ACRONYMS

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GERT Graphical Evaluation and Review Technique IFB Invitation For Bid IM Information Management IRR Internal Rate of Return IT Information Technology ITT Invitation To Tender IV&V Independent Verification & Validation KISS Keep It Simple, Stupid LCL Lower Control Limits LF Late Finish date LCC Life Cycle Costing LOB Level Of Breakdown or Line Of Balance LOE Level Of Effort LRC Linear Responsibility Chart LS Late Start date LST Late Start Time OTHER ACRONYMS ERP Enterprise Resource Planning AG Auditor General BPI Business Process Intelligence CRM Customer Relationship Management DND Department of National Defence DOD US Department Of Defence DOE US Department Of Energy NASA National Aeronautics and Space Administration NSTL National Software Testing Laboratories

SWD Subdivided Work Description TBS Treasury Board Secretariat T&C Terms & Conditions TC Target Completion date TF Total Float or Target Finish date TOC Table Of Contents or Theory Of Constraints TPM Technical Performance Measurement TS Target Start date TQM Total Quality Management UCL Upper Control Limits VAC Variance At Completion WBS Work Breakdown Structure

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COMMON ACRONYMS

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US AID US Agency for International Development WBT Web Based Training

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