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Project Management Glossary

PPRROOJJEECCTT MMAANNAAGGEEMMEENNTT GGLLOOSSSSAARRYY OOFF TTEERRMMSS CCoonntteennttss ACRONYMS .. 3 A .. 6 B .. 7 C .. 8 D .. 15 E .. 17 F .. 19 G .. 21 H .. 21 I .. 21 J .. 22 K .. 22 L .. 22 M .. 23 N .. 25 O .. 25 P .. 26 Q .. 34 R .. 35 S .. 38 T .. 43 U .. 45 V .. 45 W .. 46 X .. 47 Y .. 48 Z .. 48 Project Management Glossary OF TERMS PAGE 3 FALL 2007 AACCRROONNYYMMSS AASHTO American Association of State Highway and Transportation Officials ACEC American Council of Engineering Companies ACWP Actual Cost of Work Performed AFRS Agency Financial Reporting System API Applications Programming Interface B/C Benefit/Cost BAC Budget At Completion BASS Budget and Allotment Suppor

PROJECT MANAGEMENT GLOSSARY OF TERMS PAGE 8 FALL 2007 Budget The approved estimate for the project or any work breakdown structure component or any schedule activity. Budget at Completion (BAC) The sum of all budget values established for the work to be performed on a project or a work breakdown structure component or a schedule activity.The …

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