Project Management Acronym Minefield

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Ever notice what a minefield of acronyms we are expected to negotiate our way through on a daily basis?
Here is a brief cheat sheet to help you navigate your way through Project Management.

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Project Management Acronym Minefield

  1. Navigating the Project Management Acronym Minefieldwww.pm-partners.com.au © PM-Partners group. All rights reserved
  2. Ever notice what a minefield ofacronyms we are expected to negotiate our way through on a daily basis?
  3. Take conversations I have overheard in project management workshops…www.pm-partners.com.au © PM-Partners group. All rights reserved
  4. I had to decide whether to do PRINCE2® or PMP® or even Oh, and did you know CAPM®! I know PMI® publishes OGC have the PMBOK® guide, and APMG is changed their name? involved in accreditations. I’m not sure if my next step should Then I realised I need to be MSP® or P3O® or even consider that PMI requires PDUs MoP®. And on that matter, do youand that I need to understand EVM know Ive heard PPM been used in and EMV. 2 different ways! Where’s the consistency By the way are you here just in all this? Our PMO is also looking for foundation or practitioner into P3M3® or even OPM3®… as well? www.pm-partners.com.au © PM-Partners group. All rights reserved
  5. Am I dreaming? Did I hear this? Is this a nightmare?www.pm-partners.com.au © PM-Partners group. All rights reserved
  6. Is your brain hurting as much as mine, by this verbosity of letters?www.pm-partners.com.au © PM-Partners group. All rights reserved
  7. IS THE SENDER TRYING TO:
  8. www.pm-partners.com.au © PM-Partners group. All rights reserved
  9. www.pm-partners.com.au © PM-Partners group. All rights reserved
  10. the poor receiver by thiswww.pm-partners.com.au entanglement of characters? © PM-Partners group. All rights reserved
  11. In the interests of not wanting to leave you in acronym wilderness here’s a little cheat sheet to wind your way through the convoluted maze:www.pm-partners.com.au © PM-Partners group. All rights reserved
  12. ACRONYM CHEAT SHEET APM Group - Examination institute which accredits training and consulting organizations, and manages APMG certification schemes for products like PRINCE2, MSP, P3O, MoP etc Certified Associate in Project Management is an entry-level certification for project practitioners from the CAPM PMI Expected Monetary Value is a statistical technique that calculates the average outcome when the future EMV includes scenarios that may or may not happen (referenced in the PMBOK guide) Earned Value Management is a project management technique for measuring project performance and EVM progress Management of Portfolios approaches the management of change projects and programmes from a MoP strategic viewpoint Managing Successful Programmes represents proven programme management good practice in MSP successfully delivering transformational change across a wide range of public and private sector organisations Office of Government Commerce is the former owner of ‘Best Management Practice’ including PRINCE2, OGC MSP etc. Now known as the Cabinet Office PMIs Organizational Project Management Maturity Model – a globally recognized best-practice standard OPM3 for assessing and developing capabilities in Portfolio Management, Program Management, and Project Management PRINCE2® , P3O®, MSP®, MoP®, P3M3® are Registered Trade Marks of the Cabinet Office Managing Benefits™ is a trade mark of the APM Group Limitedwww.pm-partners.com.au © PM-Partners group. All rights reserved
  13. ACRONYM CHEAT SHEET Professional development units – PMP credential holders are required to participate in professional PDUs development activities to maintain the credential. Project Management Professional is industry-recognized certification for project managers from the PMI. PMP Globally recognized and demanded, the PMP demonstrates that you have the experience, education and competency to lead and direct projects. (1) Abbreviation for project and programme management (2) Abbreviation for portfolio project PPM management PMI Project Management Institute PMO Abbreviation commonly used for Project/Programme Management Office PMBOK Project Management Body of Knowledge PRINCE2 A project management method. The acronym stands for Projects IN Controlled Environments Portfolio, Programme and Project Management Maturity Model that provides a framework with which P3M3 organisations can assess their current performance and put in place improvement plans. Portfolio, Programme and Project Offices provides guidance on how to define, establish and operate a P3O portfolio, programme or project office. PRINCE2® , P3O®, MSP®, MoP®, P3M3® are Registered Trade Marks of the Cabinet Office Managing Benefits™ is a trade mark of the APM Group Limitedwww.pm-partners.com.au © PM-Partners group. All rights reserved
  14. Still in the convoluted maze? Call us and we can guide you through. 1300 70 13 14www.pm-partners.com.au © PM-Partners group. All rights reserved
  15. Australia’s most highly accredited Project and PMO partner. Advisory Capability Deliverywww.pm-partners.com.au© PM-Partners group. All rights reserved

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