AC: actual cost

ANCI: Annual net cash inflows

BAC: budget at completion

CEO: chief executive officer

CFO: chief financial officer

CIO: chief information officer

CMMI: Capability maturity model integration

COBOL: Common Oriented Business Language

CPI: cost performance index

CV: cost variance

EMEA: Europe, Middle East, and Africa

EPMO: enterprise program management office

ESL: English as a second language

ETC: estimate to complete

EV: earned value

HVAC: heating, ventilating, and air conditioning

IP: intellectual property

IRR: internal rate of return

ISO: International Organization for Standardization

IT: information technology

KPI: key performance indicator

M&A: mergers and acquisitions

NPV: net present value

OBS: organizational breakdown structure

OPM3^®: Organizational Project Management Maturity Model

PDA: Personal Digital Assistant

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: program management information system

PMO: program management office

PMP^®: Project Management Professional

PPM: project portfolio management

PV: planned value

PWBS: program work breakdown structure

R&D: research and development

R&M: reliability and maintainability

RACI: responsible, accountable, consulted, informed

RFI: Request for Information

RFP: Request for Proposal

RFQ: Request for Quotation

ROI: return on investment

SMART: specific, measurable, actual, reliable and time-based

SME: subject matter expert

SPC: statistical process control

SPI: schedule performance index

SV: schedule variance

SWOT: strengths-weaknesses-opportunities-threats

VOC: Voice of the customer

WBS: work breakdown structure