Abbreviations and Acronyms Used in Project Management
| Abbreviation | Meaning | Usage |
| ACC | Annual Capital Charge | Finance |
| ACWP | Actual Cost of Work Performed | EVA |
| ADR | Alternative Dispute Resolution | Construct |
| ANB | Adjudicator Nominating Body | Construct |
| AoA | Activity on Arrow | CPA |
| AoN | Activity on Node | CPA |
| APM | Association for Project Management | PM |
| ARM | Availability, Reliability, Maintainability | MOD |
| BC | Business Case | PM |
| BCWP | Budgeted Cost of Work Performed | EVA |
| BCWS | Budgeted Cost of Work Scheduled | EVA |
| BoK | Body of Knowledge | PM |
| BOQ | Bill of Quantities | Construct |
| BS | British Standard | General |
| BSI | British Standards Institution | General |
| CAD | Computer Aided Design | General |
| CAM | Computer Aided Manufacture | General |
| CAR | Contractor’s All Risk | Construct |
| CBS | Cost Breakdown Structure | PM |
| CDM | Construction, Design and Management | Construction |
| CEN | Comité Europeen de Normalization | General |
| CIF | Carriage, Insurance, Freight | Procurement |
| CM | Configuration Management | PM |
| CPA | Critical Path Analysis | PM |
| CPA | Contract Price Adjustment | Procurement |
| CPD | Continuing Professional Development | General |
| CPI | Cost Performance Index | EVA |
| CPM | Critical Path Methods | CPA |
| CSCS | Cost & Schedule Control System | EVA |
| CV | Cost Variance | EVA |
| CV | Curriculum Vitae | General |
| DCF | Discounted Cash Flow | Finance |
| DDP | Delivery Duty Paid | Procurement |
| DIN | Deutsche Industrie Normen | General |
| EAC | Estimated Cost at Completion | EVA |
| ECC | Estimated Cost to Complete | EVA |
| EV | Earned Value | EVA |
| EVA | Earned Value Analysis | PM |
| EVMS | Earned Value Management System | EVA |
| FCC | Forecast Cost to Complete | EVA |
| FF | Free Float | CPA |
| FLAC | Four Letter Acronym | General |
| FMEA | Failure Mode & Effect Analysis | MOD |
| FOB | Free on Board | Procurement |
| FOR | Free on Rail | Procurement |
| HAZOP | Hazard and Operability | General |
| HR | Human Resources | General |
| HSE | Health and Safety Executive | General |
| H&S | Health & Safety | General |
| IA | Investment Appraisal | Finance |
| IPMA | International Project Management Association | PM |
| IPMT | Integrated Project Management Team | PM |
| IPR | Intellectual Property Rights | General |
| IRR | Internal Rate of Return | Finance |
| IS | Information Systems | General |
| ISEB | Information Systems Examination Board | General |
| ISO | International Organization for Standardization | General |
| IT | Information Technology | General |
| ITT | Invitation to Tender | Procurement |
| JIT | Just In Time | General |
| KPI | Key Performance Indicator | PM |
| LAD | Liquidated Ascertainable Damages | Construct |
| LCC | Life Cycle Costing | PM |
| LD | Liquidated Damages | Construct |
| LOB | Line of Balance | Construct |
| LRM | Liner Responsibility Matrix | PM |
| MOD | Ministry of Defence | General |
| MTO | Material Take-off | Construct |
| NDT | Non-Destructive Testing | Construct |
| NOSCOS | Needs, Objectives, Strategy & Organizations Control System | MOD |
| NPV | Net Present Value | Finance |
| OBS | Organization Breakdown Structure | PM |
| OD | Original Duration | EVA |
| OGC | Office of Government Trading | General |
| ORC | Optimal Replacement Chart | Finance |
| ORM | Optimal Replacement Method | Finance |
| PBS | Product Breakdown Structure | PM |
| PDM | Precedence Diagram Method | CPA |
| PEP | Project Execution Plan | PM |
| PID | Project Initiation Document | PM |
| PERT | Program Evaluation & Review Technique | CPA |
| PFI | Private Finance Initiative | Finance |
| PM | Project Management | PM |
| PM | Project Manager | PM |
| PMI | Project Management Institute | PM |
| PMP | Project Management Plan | PM |
| PPE | Post Project Evaluation | PM |
| PPP | Public–Private Partnership | Finance |
| PRD | Project Definition | PM |
| QA | Quality Assurance | General |
| QC | Quality Control | General |
| QMS | Quality Management System | General |
| QP | Quality Plan | General |
| R&D | Research and Development | General |
| RFQ | Request for Quotation | Procurement |
| RR | Rate of Return | Finance |
| SFR | Sinking Fund Return | Finance |
| SMART | Specific, Measurable, Achievable, Realistic, Timebound | MOD |
| SOR | Schedule of Rates | Construct |
| SOW | Statement of Work | PM |
| SPI | Schedule Performance Index | EVA |
| SRD | Sponsor’s Requirement Definition | PM |
| SV | Schedule Variance | EVA |
| TCP | Time, Cost & Performance | PM |
| TF | Total Float | CPA |
| TQM | Total Quality Management | General |
| TOR | Terms of Reference | General |
| VA | Value Analysis | General |
| VE | Value Engineering | General |
| VM | Value Management | General |
| WBS | Work Breakdown Structure | PM |
Acronyms Used in Project Management
| ARM | Availability, Reliability, Maintainability |
| BIM | Building Information Modeling |
| CAD/CAM | Computer Aided Design/Computer Aided Manufacture |
| CADMID | Concept, Assessment, Demonstration, Monitoring, In-Service, Disposal |
| CFIOT | Concept, Feasibility, In-Service, Operation, Termination |
| CS2 (CSCS) | Cost & Schedule Control System |
| EMAC | Engineering Manhours And Cost |
| FLAC | Four Letter Acronym |
| HASAWA | Health And Safety At Work Act |
| IPMA | International Project Management Association |
| NAPNOC | No Agreed Price, No Contract |
| NEDO | National Economic Development Office |
| NIMBY | Not In My Back Yard |
| NOSCOS | Needs, Objectives, Strategy & Organization Control System |
| NOSOCS&R | Needs, Objectives, Strategy, Organization Control, System & Risk |
| PAYE | Pay As You Earn |
| PERT | Program, Evaluation & Review Technique |
| PESTLE | Political, Economic, Sociological, Technological, Legal, Environmental |
| PRAM | Project Risk Analysis & Management |
| PRINCE | Projects in a Controlled Environment |
| RAMP | Risk Analysis and Management for Projects |
| RIDDOR | Reporting of Injuries, Diseases & Dangerous Occurrences Regulations |
| RIRO | Rubbish In–Rubbish Out |
| SAPETICO | Safety, Performance, Time, Cost |
| SMAC | Site Manhours And Cost |
| SMART | Specific, Measurable, Achievable, Realistic & Time bound |
| SOW | Statement Of Work |
| SWOT | Strengths, Weaknesses, Opportunities & Threats |
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