Acronyms Defined

Question 1

Define:

AC

Answer 1

The realized cost incurred for the work performed on an activity during a specific time period

Question 2

Define:

API

Answer 2

A set of rules and protocols that allows different software applications to communicate and exchange data with each other

Question 3

Define:

BA

Answer 3

Professional who acts as the critical bridge between business stakeholders and the project team

Question 4

Define:

BAC

Answer 4

The sum of all budgets established for the work to be performed

Question 5

Define:

CCB

Answer 5

A formal group of people responsible for approving or rejecting changes to the project

Question 6

Define:

CI/CD

Answer 6

A methodology that automates the software delivery process, directly supporting an Agile or iterative project lifecycle

Question 7

Define:

CMS

Answer 7

User-friendly systems that simplify complex tasks such as website creation and information management

Question 8

Define:

CPI

Answer 8

A measure of the cost efficiency of a project

Question 9

Define:

CRM

Answer 9

Designed to establish and maintain customer relationships to enhance revenue and loyalty

Question 10

Define:

CV

Answer 10

The amount of budget deficit or surplus at a given point in time

Question 11

Define:

EAC

Answer 11

The expected total cost of completing all work

Question 12

Define:

EDRMS

Answer 12

Companies can create, track, and share documents by automating processes and applying access control

Question 13

Define:

ESG

Answer 13

Refer to a company’s actions and programs beyond maximizing profits

Question 14

Define:

ETC

Answer 14

The expected cost to finish all the remaining project work

Question 15

Define:

EV

Answer 15

The measure of work performed expressed in terms of the budget authorized for that work

Question 16

Define:

FFP

Answer 16

A type of contract where the price is not subject to any adjustment

Question 17

Define:

IaaS

Answer 17

Provides basic computing resources like servers, networks, and storage

Question 18

Define:

IFB

Answer 18

A formal invitation to potential suppliers to submit a bid for a specific product or service

Question 19

Define:

IT

Answer 19

Thefundamental environment and subject matter for a vast number of projects

Question 20

Define:

JAD

Answer 20

A specifictechniqueused primarily during thePlanningphase of a project to accelerate and improve the “Collect Requirements” process.

Question 21

Define:

JAR

Answer 21

Specific type of workshop where customers take part in the design process of a product

Question 22

Define:

OBS

Answer 22

A hierarchical representation of the project organization

Question 23

Define:

PaaS

Answer 23

Delivers development tools like software environments over an Internet connection

Question 24

Define:

PERT

Answer 24

A statistical tool used to analyze the tasks in a project

Question 25

# **Define:** PHI

Answer 25

Federally protected in the US under HIPAA regulations, which require organizations to safeguard against unauthorized access and disclosure of sensitive health information

Question 26

# **Define:** PII

Answer 26

Data that can be used to identify an individual

Question 27

# **Define:** PM

Answer 27

Responsible for planning, organizing, leading, and keeping your teams on track and within budget

Question 28

# **Define:** PMO

Answer 28

A group or department that defines and maintains standards for project management

Question 29

# **Define:** PRINCE2

Answer 29

A process-based project management method

Question 30

# **Define:** PV

Answer 30

The authorized budget assigned to the scheduled work

Question 31

# **Define:** QA

Answer 31

The maintenance of a desired level of quality in a service or product

Question 32

# **Define:** QC

Answer 32

A process by which entities review the quality of all factors involved in production

Question 33

# **Define:** RACI

Answer 33

A responsibility assignment matrix

Question 34

# **Define:** RAM

Answer 34

Describes the participation by various roles in completing tasks or deliverables

Question 35

# **Define:** RBS

Answer 35

A hierarchical list of resources related by function and resource type

Question 36

# **Define:** RFB

Answer 36

Formal document that solicits bids from vendors for the supply of goods or services

Question 37

# **Define:** RFI

Answer 37

A document that solicits information about a vendor's products or services.

Question 38

# **Define:** RFP

Answer 38

A document that solicits proposals from potential suppliers

Question 39

# **Define:** RFQ

Answer 39

A document that solicits price quotes from prospective sellers

Question 40

# **Define:** ROI

Answer 40

A performance measure used to evaluate the efficiency of an investment

Question 41

# **Define:** SaaS

Answer 41

A complete software stack that includes infrastructure, environment, and product that endusers would use

Question 42

# **Define:** SAFe

Answer 42

Methodology used to expand Agile practices across multiple teams in an organization

Question 43

# **Define:** SDLC

Answer 43

Flexible framework designed to produce high-quality, low-cost, and thoroughly tested software through continual improvement

Question 44

# **Define:** SLA

Answer 44

A contract that defines the level of service expected from a provider.

Question 45

# **Define:** SME

Answer 45

A person who is an authority in a particular area or topic

Question 46

# **Define:** SMS

Answer 46

A form of communication that generally transmits via cellular networks but can also be transmitted over the Internet

Question 47

# **Define:** SOW

Answer 47

A document that defines project-specific activities, deliverables, and timelines

Question 48

# **Define:** SPI

Answer 48

A measure of the schedule efficiency of a project

Question 49

# **Define:** SQL

Answer 49

The standard programming language used to communicate with and manage data stored in a relational database

Question 50

# **Define:** SV

Answer 50

The difference between the earned value and the planned value

Question 51

# **Define:** T&M

Answer 51

A type of contract where the buyer pays for time spent and materials used

Question 52

# **Define:** TOR

Answer 52

Focuses on the relationship between the parties involved and emphasizes delivering work

Question 53

# **Define:** WBS

Answer 53

A hierarchical decomposition of the total scope of work

Question 54

# **Define:** XaaS

Answer 54

XaaS refers to the concept of outsourcing a computing a service to a third party

Question 55

# **Define:** XP

Answer 55

Another type of agile framework designed specifically for software development