Acronyms project management
Project management is a set of important skills for most of the careers. It is the application of processes, knowledge, skills, and experience to reach the project goal. Main components of project management are:. Every course has its own glossary, and hence project management is not an exemption. These project management terms are the popular project management buzz words. Here we have given top 50 project management terms that you should know-.
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Project Management Abbreviations
Also known as an account number, this code uniquely identifies each award within the university financial system. Allocable Cost A cost that is chargeable or assignable to a cost objective on the basis of relative benefits received or other equitable relationship. Uniform Guidance 2 CFR defines allowable costs as those that are: 1. Reasonable; 2. Allocable to the project; 3.
Given consistent treatment by use of generally accepted accounting principles; 4. Conform to any limitations or exclusions set forth by the sponsored agreement or Uniform Guidance. Anticipated Future funding. When a sponsor plans to give funding in increments, they will indicate an amount obligated committed , plus the additional amount of funding anticipated in the future. Generally, the sponsor's commitment for future funding is contingent on the availability of funds and satisfactory technical progress.
Application Fees Fees or charges required by a sponsor in order to submit a proposal or application or funding. Audit Generally a verification of compliance. Audits can be programmatic or financial and involve different types of testing and assessments, depending upon the audit purpose, source of funding and auditor affiliation.
Award Funds provided from an external sponsor for support of a project at ASU. This term is used for both original award and supplements; it can mean monies or equipment. Award Management Team AMT The Award Management Team AMT is part of Research Operations and provides oversight and interpretation of agency and other federal regulations for determining if adequate systems are in place for proper charging, documentation, reporting and reimbursement of expenditures to sponsored accounts.
Background Intellectual Property IP that was conceived, created, or developed prior to, or independent of, any research performed pursuant to the Agreement and necessary for or used in the performance of the project.
Broad Agency Announcement An announcement that is general in nature and that identifies areas of research interest, including criteria for selecting proposals, and soliciting the participation of all offerers capable of satisfying the government's needs. Budget A detailed statement outlining estimated projects costs to support the sponsored project.
Budget Category A portion of the budget designated for certain kinds of expenditures. A budget must be directly related to the research project. Reviewers will look for a reasonable budget based on the needs of the sponsored project. Certifications Requirements from external entities where anyone that wishes to apply for awards must complete. For ASU purposes, in order for a charitable grant proposal to be submitted by the ASU Foundation as the applicant and for the award to be administered by Research Operations, on behalf of Arizona State University, at least one of the following criteria must be met:.
Classified Information Per The Federal Acquisition Regulations System FAR , means any knowledge that can be communicated or any documentary material, regardless of its physical form or characteristics, that:. Classified Material Management Group MG Responsible for the negotiation, execution, and administration of user agency contracts involving classified material; each member of the Classified Material Management Group shall have an appropriate security clearance.
Clinical Research Investigation or experiment that involves research with one or more human subject or on material of human origin such as tissues or specimens that is patient oriented. Not all research meeting this definition meets the criterial for a clinical trial.
Clinical Trial A prospective, biomedical or behavioral research study of human subjects that is designed to answer specific questions about biomedical or behavioral interventions drugs, biologics, treatments, devices, or new ways of using known drugs, biologics, treatments, or devices. Behavioral interventions are intended to prevent or treat an acute or chronic disease or condition.
Clinical trial research involves the evaluating effects of an intervention on biomedical or behavioral human health related to outcomes. This definition is not intended to be inclusive of all clinical research activity. Coeus An information system that allows users to perform many aspects of the research administration process.
Coeus is used to track all proposal, award, sponsor, and recognition information. Cognizant Audit Agency The Federal agency designated with responsibility for performing audit-related activities on behalf of the federal government for federally-funded activity at the University.
Collaboration A collaboration exists when key personnel from different institutions have substantive involvement in the development and performance of the scientific aspects of a project and the sponsor chooses to make only one award, thereby requiring the lead institution to issue subawards to the other collaborating institutions.
Collaborators Individuals, external to ASU, whose expertise is required by the Principal Investigator to perform the sponsored project scope of work. Commingling The act of mixing funds belonging to one party with those of another party, especially when a fiduciary has responsibility to keep the funds separated. Complainant The person who submits a written allegation of misconduct to the senior vice president for the Knowledge Enterprise KE.
The exclusive use of companion accounts for these expenditures permits the University to meet federal accounting requirements regarding sponsored project accounting. Consideration Consideration is anything of value that changes hands between the two parties of contract. Although we usually think of consideration as an exchange of money and goods or services , consideration may take other forms as well. For example, the waiver of a legal right has been found to be adequate consideration. Consortium A consortium is defined as any project that will have multiple members that have come together to jointly fund research projects through pooled membership fees.
Consultant An individual or business whose expertise is required to perform the project. Services are temporary, special, or highly technical. A consultant may not serve as senior personnel e. See specific sponsor guidelines for submission requirements. Contract A mechanism for the procurement of a product or service with specific obligations for both sponsor and recipient. Typically, the sponsor specifies a research topic and the methods for conducting the research in detail, although some sponsors award contracts in response to unsolicited proposals.
Contractor One who enters into a binding agreement to perform a certain service or provide a certain product in exchange for money, goods, or services. This evaluation includes the Purchasing Department's system and ORSPA's system established for procurements issued under sponsored projects. Contributed Effort Effort expended on a sponsored project that is not paid for by the sponsor; a form of cost sharing.
Cooperative Agreement A form of Federal Assistance. This mechanism is used by federal agencies when a program requires more agency involvement and restrictions than a grant but requires less agency supervision than a contract. The internal ERA system only recognizes one Principal Investigator of record, which is the person with the Principal Investigator role. Some sponsors may recognize the named Co-PI as sharing equal responsibility for the direction of a research program.
In these cases, there is still only one PI of record on the internal documentation. See PI Eligibility. Cost Reimbursement CR A contract or grant whereby the sponsor agrees to reimburse ASU based on actual project expenditures incurred during the performance period, up to an agreed amount. The purpose of a CRADA is to make government facilities, intellectual property, and expertise available for collaborative interactions to further the development of scientific and technological knowledge into useful, marketable products.
Cost Sharing The portion of project or program costs not borne by the sponsor. For further information about cost sharing, see the Cost Sharing Sitelet. This allowance is calcualted using US Department of Labor standards eight hour work day, five day work week. ASU follows Federal agencies' policies that maximize the danger pay allowance to a hour work week. Eligible days are weekdays Monday - Friday, including university observed holidays on which the ASU traveler spends 4 hours or more in a Danger Pay location.
Travel time to and from the Danger Pay location does not qualify for Danger Pay. Danger Pay begins when the employee's plane initially lands in the danger pay location.
Debarment and Suspension Certification See Certifications. A deemed export is considered an export to the home country of the foreign national. Define Opportunity DO The process which describes the search for opportunities, institutional and PI eligibility criteria and the requirement for seeking approval where submissions are limited by the sponsor.
Deliverable A quantifiable good or service that will be provided as a result of a project. Examples include, but are not limited to, technical reports, software, devices.
Develop Proposal DP The process of completing a proposal which adheres to sponsor specifications, complying with ASU requirements, including obtaining campus approvals and forwarding the final proposal to PNT for review and submission. Direct Costs Direct costs charged to sponsored agreements must be allowable, allocable, and reasonable. Those costs that can be identified specifically with a particular sponsored project, an instructional activity, or any other institutional activity, or that can be directly assigned to such activities relatively easily with a high degree of accuracy.
Drug-Free Workplace Certification A certification where ASU is asked to certify that they will provide a drug-free workplace by notifying employees that unlawful drug use is prohibited and specifying what actions will be taken against employees for violations.
Establish an on-going drug-free awareness program that includes employee notification and, as appropriate, rehabilitation. Comply with agency-specific regulations as applicable. Effort The amount of time, usually expressed as a percentage of total effort, that an ASU employee spends on activities. Effort on sponsored projects is certified and documented through the Effort Reporting System in PeopleSoft. For the purpose of the Effort Reporting system, effort is all the work performed for compensation by the university.
It does not include work done for supplemental pay. The total effort is always equal to percent even if the employee is part-time or worked only part of the reporting period. Effort Report ER Effort reporting and certification form required for compliance with federal regulation. Employee Related Expenses ERE Employee related expenses ERE , also known as fringe benefits, is a normal and required direct cost category for most educational institutions.
These costs need to be estimated for all employees proposed to work on a project. Enterprise Research Administration ERA An integrated system that ASU uses to develop proposals, ensure research integrity and assurance as well as the negotiation and management of awards. Equipment Generally, articles of non-expendable tangible personal property having a useful life and an acquisition cost which meet or exceed the established thresholds for defining equipment.
Equipment is not a replacement part or component returning a piece of equipment to its original condition. If a component increases the capability of the original equipment and has an acquisition cost that meets or exceeds the established equipment cost thresholds, it is considered a capital item.
Expanded Authorities Policy implemented by some federal granting agencies which delegates certain prior approval authorities to grantee institutions. This delegation allows for internal university approval of administrative and spending actions, thus avoiding delays in project progress. Export The 1 actual shipment or transmission of any goods or items subject to export control regulations out of the United States; and 2 release of any covered technology, software including source code , or technical data to any foreign national whether in the U.
The EAR are administered by the U. Export Controls Governs the shipment, transmission, or transfer of certain sensitive items, information, or software to foreign persons or entities.
Where applicable, authorization from the U. The sources of export control regulations include: the U. Extramural Support Funding for research, training or public service programs provided by federal or private sources external to the university.
Dictionary
We use a lot of acronyms in the Construction industry. Here are 14 every owner should know. IPD is a delivery method that fully integrates project teams in order to take advantage of the knowledge of all team members to maximize the project outcome. Integrated Project Delivery is the highest form of collaboration because all three parties Owner, Architect, Constructor are aligned by a single contract.
What is PMO, EPMO, PPMO, PgMO, and PSO?
As analyst, commentator and engaged social media informer, he is a committed generalist w The following list includes all common acronyms and abbreviations that are used in. I have been managing dozens of projects, small and huge, successful and. Nov 25, When using RAG reporting, project managers utilize the colors red, amber yellow , and green. Sometimes you might see the acronym BRAG. Dictionary of project management terms and acronyms. A comprehensive glossary of Six Sigma terms and acronyms used in managing Six Sigma projects. Dec 22,
Acronyms Finder
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Glossary of project management
Running a PMO is challenging. It can be nerve wrecking some times. To keep things into perspective and not to take self too seriously, it is good to joke about it once in a while. Here is a list of funny terms from workplace lingo that help lighten up a tough situation. However the idea remains and the humor hopefully still comes through. Here are my top favorite acronyms that can come handy for PMO staff to keep their sense of humor:.
Common Acronyms and Abbreviations in Construction
The list of Project Management acronyms and abbreviations June :. Abbreviated Abbreviations Common. Facebook Twitter Email Copy Share. Vote Engineering , Technology , Oil. Technology , Engineering , Medical.
What you should know is that they all influence your project to a certain extent when used in a company. And if you answered no to the first questions, then go ahead and read further. The way in which a business handles its projects is dynamic.
A model, typically used as a table or template or matrix for identifying motivations and issues of stakeholders within a project plan. Very useful acronym for inception of projects, committees, investigations inquiries , studies, reports, etc, where purpose, parameters and ground-rules etc. Objectives - where do we want to go? Strategy - how we are going to get there. Tactics - the details of strategy.
For those writing in the world of project planning and project management, words have very special meaning:. AS In the IT world, best practice often refers to software development methodologies widely accepted internationally. It governs the definition, impact assessment, assignment of responsibilities, specification, and allocation of resources, costing, scheduling and authorisation of modifications under strict laws governing the change until the change is properly approved, the version control impact has been systematically applied and the consequent changes are incorporated in the project plans as if they had been there from the outset. This may be the same as, or different to, technical milestones.
By streamlining communication, using an abbreviation for manager or other roles can leave you more time for completing your daily tasks. Learn how to abbreviate management roles and discover the top 50 abbreviations used in workplaces today. Business abbreviations and acronyms are shortened versions of a phrase or series of words used across many industries. Some examples include social media abbreviations, finance abbreviations and information technology abbreviations.
You are mistaken. Write to me in PM.
Great article, thanks!