Acronyms and Abbreviations

The following list includes all common acronyms and abbreviations that are used in the world of project management. Terms are linked to definitions where available. Please let me know if you miss an abbreviation or an acronym! I will also extend this list from time to time. However, this list is supposed to include only “pure” project management terms and not industry-specific ones (although I might include some of the software world).

Please note that some of the acronyms might have a different meaning in other contexts so you should take them with a grain of salt if you are not sure about the context. You may want to consult Wikipedia for other meanings.

AC Actual Cost
ACWP Actual Cost of Work Performed
AD Activity Description
ADM Arrow Diagramming Method
AE Apportioned Effort
AF Actual Finish date
AOA Activity – On – Arrow
AON Activity – On – Node
AS Actual Start date
BAC Budget At Completion
BCWP Budgeted Cost of Work Performed
BCWS Budgeted Cost of Work Scheduled
BOM Bill Of Materials
CA Control Account
CAP Control Account Plan
CCB Change Control Board
COQ Cost Of Quality
CPF Cost-Plus-Fee
CPFF Cost-Plus-Fixed-Fee
CPI Cost Performance Index
CPIF Cost-Plus-Incentive-Fee
CPM Critical Path Method
CPPC Cost-Plus-Percentage of Cost
CV Cost Variance
CWBS Contract Work Breakdown Structure
DD Data Date
DU Duration
DUR Duration
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 Valued Management
EVT Earned Valued Technique
FF Finish-to-Finish
FF Free Float
FFP Firm-Fixed-Price
FMEA Failure Mode and Effect Analysis
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
OD Original Duration
PC Percent Complete
PCT Percent Complete
PDM Precedence Diagramming Method
PF Planned Finish date
PM Project Management
PM Project Manager
PMBOK Project Management Body Of Knowledge
PMIS Project Management Information System
PMO Program Management Office
PMO Project Management Office
PMP Project Management Professional
PS Planned Start Date
PSWBS Project Summary Work Breakdown Structure
PV Planned Value
QA Quality Assurance
QC Quality Control
RAM Responsibility Assignment Matrix
RBS Resource Breakdown Structure
RBS Risk Breakdown Structure
RD Remaining Duration
RFP Request for Proposal
RFQ Request for Quotation
SF Scheduled Finish date
SF Start-to-Finish
SOW Statement of Work
SPI Scheduled Performance Index
SS Scheduled Start date
SS Start-to-Start
SV Schedule Variance
SWAG Sophisticated Wild Ass Guess
SWOT Strenths, Weaknees, Oppurtunities, and Threads
TC Target Completion date
TF Target Finish date
TF Total Float
T&M Time and Material
TQM Total Quality Management
TS Target Start date
VE Value Engineering
WBS Work Breakdown Structure

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  1. Start Date

    A start date of a project is sometimes determined by the expected completion date. If a project is to be completed on a certain date and the project takes 90 days, then prior to the 90th day scheduled for completion, project management will determine the start date as to when everything will get underway. There [...]

  2. Scheduled Finish Date (SF)

    In project management, Scheduled Finish date (SF) or planned finish date, is the date and time work was scheduled to be completed on a specific activity or task. Scheduled Finish date (SF) is planned using the resource-constrained scheduling process. This process involves scheduling tasks according to the knowledge of resource requirements and constraints such as [...]

  3. Finish Date

    The term finish date refers specifically to the date in which the particular schedule activity as part of the overall project is anticipated to be completed. This term finish date is actually an extremely general one in nature, and is typically never used all by itself in terms of project management. But rather, it is [...]

  4. Target Schedule

    Target Schedule: It is usually desirable to finish projects within the shortest amount of time possible, and additionally, to predict when the project end date will be. A project often contains a large number of tasks, and some tasks must be finished by critical dates, while others have more scheduling flexibility. Additionally, projects often involve [...]

  5. Actual Duration

    The term actual duration can refer to a couple of different things depending on usage and context. In one usage, the term actual duration can refer to the exact amount of time between the date on which the actual start date of a schedule activity falls and the date on which the project schedule’s data [...]

{ 2 comments… read them below or add one }

Mark Tango April 19, 2010 at 7:17 pm

The homepage of project-management-knowledge continues to reload every 1 second making the home page unreadable

You do great work here
Can you look into this

Thanks

Tom April 20, 2010 at 1:15 am

Thanks for the info, Mark. Unfortunately, I cannot reproduce this :-( Do you experience this also today?

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