PMBOK 5th Edition - Common Acronyms

Description

Common acronyms to know from the PMBOK 5th edition
Michelle Rosen
Flashcards by Michelle Rosen, updated more than 1 year ago
Michelle Rosen
Created by Michelle Rosen over 7 years ago
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Resource summary

Question Answer
AC actual cost
ACWP actual cost of work performed
BAC budget at completion
CCB change control board
COQ cost of quality
CPAF cost plus award fee
CPFF cost plus fixed fee
CPI cost performance index
CPIF cost plus incentive fee
CPM critical path method
CV cost variance
EAC estimate at completion
EF early finish date
EMV expected monetary value
ES early start date
ETC estimate to complete
EV earned value
EVM earned value management
FF finish-to-finish
FFP firm fixed price contract
FMEA failure mode and effect analysis
FP-EPA fixed price with economic price adjustment
FPIF fixed price incentive fee
FS finish to start
IFB invitation for bid
LF late finish date
LOE level of effort
LS late start date
OBS organizational breakdown structure
PDM precedence diagramming method
PMBOK Project Management Body of Knowledge
PV planned value
QFD quality function deployment
RACI responsible, accountable, consult, and inform
RAM responsibility assignment matrix
RBS risk breakdown structure
RFI request for information
RFP request for proposal
RFQ request for quotation
SF start-to-finish
SOW statement of work
SPI schedule performance index
SS start-to-start
SV schedule variance
SWOT strengths, weaknesses, opportunities, and threats
T&M time and material contract
VAC variance at completion
WBS work breakdown structure
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