Acronyms

AC

actual cost

AD

activity duration

BAC

budget at completion

CAPM®

Certified Associate in Project Management

CEO

chief executive officer

CPI

cost performance index

CPM

critical path method

CSM

Certified Scrum Master

CV

cost variance

EAC

estimate at completion

EMV

expected monetary value

ERP

enterprise resource planning

ESL

English as a second language

ETC

estimate to complete

EV

earned value

EVA

economic value added

EVM

earned value management

ID

identification

IFB

invitation for bid

ISO

International Organization for Standardization

IT

information technology

LCC

life-cycle cost

MRP

material requirements planning

OBS

organizational breakdown structure

OPM3

Organizational Project Management Maturity Model

PDM

precedence diagramming method

PERT

program evaluation and review technique

PgMP®

Program Management Professional

PMBOK® Guide

A Guide to the Project Management Body of Knowledge

PMI®

Project Management Institute

PMIS

project management information system

PMM

Project Management Methodology

PMO

program management office

PMP®

Project Management Professional

PV

planned value

RACI

responsible, accountable, consult, inform

RAM

responsibility assignment matrix

RBS

resource breakdown structure

RBS

risk breakdown structure

R&D

research and development

RF

radio frequency

QA

quality assurance

RFP

request for proposal

ROI

return on investment

SD

standard deviation

SPC

statistical process control

SPI

schedule performance index

SV

schedule variance

SWOT

strengths-weaknesses-opportunities-threats

TCPI

to-complete performance index

VAC

variance at completion

WBS

work breakdown structure

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