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Common Acronyms
A: Acceptance (A) in the formula R = A × Q
AC: Actual cost
BAC: Budgeted cost at completion
BIM: Building information management; in some countries, building
information model
BoM: Bill of material
BoQ: Bill of quantities
BOOT: Build–own–operate–transfer
BOT: Build–operate–transfer
CGC: Coordinated general construction (contract)
CM: Contracts manager (see Section 2.1 in Chapter 2) or construction
management (see Section 2.8)
CPI: Cost performance index
CPIF: Cost-plus-incentive fee
CPM: Critical path method
CPSC: Client-purchased side contracts
CRR: Comparative risk ranking
CV: Cost variance
DAB: Dispute adjudication board ...