Project Management Acronyms for the PMP Exam

3 minute read    Updated:    Harwinder Singh

The PMBOK® Guide, 6th Edition contains nearly 100 acronyms. It even has a separate section for Acronyms in the Glossary. But this section provides a list of only about 50 acronyms used in the Guide. Apart from these acronyms, there are many standard Project Management acronyms that all PMP aspirants should know. On top of this, a lot of jargon has been developed around the PMP Exam like ITTO and LL. I’ve compiled a list of about 125 acronyms collected from various sources, such as the PMBOK® Guide, 6th Edition, PMP Exam Prep books and resources, and online forums.

Acronyms from PMBOK Guide for PMP Certification

Acronyms from PMBOK® Guide, 6th Edition

AcronymFull formRemarks
ACActual Cost 
ACWPActual Cost of Work PerformedOld term for AC
ADMArrow Diagramming MethodRarely used now
ADRAlternative Dispute Resolution 
AEApportioned Effort 
AOAActivity-on-ArrowRarely used now
ARMAAutoregressive Moving Average 
BACBudget at Completion 
BARFBought-into, Approved, Realistic, Formalfrom Rita Mulcahy's PMP Exam Prep
BCRBenefit Cost Ratio 
BCWPBudgeted Cost of Work PerformedOld term for EV
BCWSBudgeted Cost of Work ScheduledOld term for PV
CAControl Account 
CBRCost Benefit Ratio 
CBTComputer-Based Test 
CCBChange Control Board 
CCSChange Control SystemNon-standard
CHContact HoursNon-standard
CMMI®Capability Maturity Model Integrated 
COCCost of Conformance 
CONCCost of Non-Conformance 
COQCost of Quality 
CPAFCost Plus Award Fee 
CPFCost Plus Fee 
CPFFCost Plus Fixed Fee 
CPICost Performance Index 
CPIFCost Plus Incentive Fee 
CPMCritical Path Methodology 
CRChange Request 
CVCost Variance 
DFDData Flow Diagram 
DOEDesign of Experiments 
EACEstimate at Completion 
EEFEnterprise Environmental FactorsNon-standard
EFEarly Finish 
EMVExpected Monetary Value 
EPVExpected Present Value 
ESEarly Start 
ETCEstimate to Complete 
EVEarned Value 
EVAEarned Value Analysis 
Economic Value Add 
EVMEarned Value Management 
EVTEarned Value Technique 
FFPFirm Fixed Price 
FMEAFailure Mode and Effect Analysis 
FP-EPAFixed Price with Economic Price Adjustment 
FPIFFixed Price Incentive Fee 
FVFuture Value 
HRHuman Resource 
IFBInvitation for Bid 
IOInputs and OutputsJargon
IRRInternal Rate of Return 
ISOInternational Organization for Standardization 
ITTOInputs, Tools, Techniques and OutputsJargon
JADJoint Application Development (or Design) 
JITJust in Time 
KAKnowledge AreaNon-standard
LFLate Finish 
LLLessons Learned (or Learnt)Jargon
LOELevel of Effort 
LSLate Start 
NPVNet Present Value 
OBSOrganizational Breakdown Structure 
OPAOrganizational Process AssetsNon-standard
OPM3®Organizational Project Management Maturity Model 
PBTPaper-Based Test 
PDCAPlan Do Check Act 
PDMPrecedence Diagramming Method 
PERTProgram Evaluation and Review Technique 
PMProject Manager 
Project Management 
PMBPerformance Measurement Baseline 
PMBOK®Project Management Body of Knowledge 
PMI®Project Management Institute 
PMISProject Management Information System 
PMOProject Management Office 
PMP®Project Management Professional 
PTAPoint of Total Assumption 
PVPlanned Value 
Present Value 
QAQuality Assurance 
QCQuality Control 
QFDQuality Function Deployment 
QPQuality PlanningNon-standard
RACIResponsible, Accountable, Consult, and Inform 
RAMResponsibility Assignment Matrix 
RBSResource Breakdown StructureNon-standard
Risk Breakdown StructureStandard
RFIRequest for Information 
RFPRequest for Proposal 
RFQRequest for Quotation 
ROIReturn on Investment 
ROMRough Order of Magnitude 
SLAService Level Agreement 
SMESubject Matter Expert 
SOWStatement of Work 
SPISchedule Performance Index 
SVSchedule Variance 
SWOTStrengths, Weaknesses, Opportunities, and Threats 
T&MTime and Material 
TCPITo-Complete Performance Index 
TQMTotal Quality Management 
TTTools and TechniquesJargon
VACVariance at Completion 
VEValue Engineering 
VOCVoice of the Customer 
WASWork Authorization System 
WBSWork Breakdown Structure 
WPIWork Performance InformationNon-standard
10x510 Knowledge Areas x 5 Process GroupsJargon
AcronymFull form
CCRContinuing Certification Requirements
CEUContinuing Education Unit
PDUProfessional Development Unit
SDLSelf-Directed Learning
SIGSpecific Interest Group
AcronymFull form
CAPM®Certified Associate in Project Management
PgMP®Program Management Professional
PMI-ACP®PMI Agile Certified Practitioner
PMI-REP®PMI Registered Education Provider
PMI-RMP®PMI Risk Management Professional
PMI-SP®PMI Scheduling Professional

Click here to download the entire table as a PDF file.

If you know of other acronyms (related to PMP) that should be on this list, please let me know.

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