How Many Project Management Acronyms Can We Make From The Letters P, M, I & O?
The answer is: a lot.
Look, we all know the project management industry loves acronyms. OKR, KPI, WS, APMR… the list goes on.
But, as we’ve found — even more specifically — the project management industry loves acronyms that include the letters P, M, I, and O.
So, as a fun challenge, we’ve gathered all the ones we could think of and created an abbreviated project management acronym glossary (or APMAG) for your information and enjoyment.
Without further ado, the APMAG:
PM: Project Manager
Letters can be confusing. So we’ll start simple with “PM,” or Project Manager. You know this one, because it’s probably you. And him. And 16.5 million others across the world.
In short, PMs are responsible for overseeing, managing, and coordinating projects across teams and tasks. They must ensure that projects are completed on time in order to meet key goals and objectives. To that end, they often have to adapt to changes on the fly, forecast risks and obstacles, and update processes to optimize results.
PMs are also heroes in their own right. As Proggio founder & CEO Yaniv Shor said:
“If they’re using the right approach and are supported by the right system, I think there’s no reason for project management not to be the hero of the organization. The more uncertainty, the more change-driven environments that we are seeing today, the more project managers will be critical and important to any organization.”
Could also stand for: Prime Minister, Post Meridiem, Probability of Mutation
PMI: Project Management Institute
The Project Management Institute (PMI) is the world’s leading project management organization with almost 700,000 members and 300 chapters across the globe. Dating back to 1969, PMI offers a range of resources to help advance the industry and guide PMs in growing their careers. These offerings include certifications, online training courses, networking opportunities, and virtual and in-person events.
Most recently, at the PMI Global Summit 2022, hundreds of project management leaders gathered to share their insights and unpack the latest industry trends.
Could also stand for: Private Mortgage Insurance, Post-Merger Integration, Philip Morris International
PMP: Project Management Professional
This one is pretty similar to PM, but it often specifically refers to a PM who has received a PMP certification from the PMI. The PMP certification was designed to prove that PMs have the skills and expertise to successfully operate in any industry. To obtain the certification, professionals have to pass an exam and meet certain educational and experiential requirements.
More than 1,200,000 people worldwide currently hold PMP certifications. As the PMI reported, PMP certification holders have a 16% higher median salary than those without this recognition.
Could also stand for: Portable Media Player, Private Marketplace, Practice Makes Perfect
PPM: Project Portfolio Management
Project portfolio management is the process of analyzing, organizing, and optimizing an entire suite of projects for a business. While project management involves overseeing a single project, PPM takes a higher-level approach. According to the PMI, PPM includes key steps like identifying business objectives, evaluating project proposals, and choosing the right projects to pursue based on value, feasibility, and risk.
The “PPM” acronym is also used to refer to PPM platforms, which are the tools PMs use to manage their projects and portfolios. As many know, the right PPM can make or break your business. It should provide a bird’s-eye-view of your entire portfolio, adapt to changes in real time, and automate processes to help you save time.
Yet, according to a recent survey from Proggio, almost 80% of PMs feel overwhelmed by the amount of projects they’re managing. And over 75% of them blame their tools and work environments.
In the market for a new PPM? Use our PPM checklist to guide you.
Could also stand for: Parts Per Million, Pages Per Minute, Periodic Preventive Maintenance
PMO: Project Management Office
The Project Management Office (PMO) is the team or department that sets the standards for project management within an organization. The PMO is often responsible for establishing and maintaining PM best practices and guidelines for teams to follow.
PMOs might also provide training and mentoring, analyze progress and performance, and address issues as they occur.
Could also stand for: Present Mode of Operation, Pasteurized Milk Ordinance, Police Motorcycle Officer
PPMO: Project Portfolio Management Office
Similar to the PMO, the Project Portfolio Management Office (PPMO) supports management of an entire portfolio of projects. (Say that 10 times fast.)
Specifically, this office might advise senior PMs, analyze business objectives, prioritize the project workflow, manage risks and opportunities, and report on portfolio progress.
Could also stand for: Progressive Party of Missouri, Pulse Position Modulation, Potentially Pathogenic Microorganisms
IMP: Integrated Master Plan
An Integrated Master Plan (IMP) — other than sounding like a movie villain’s scheme for world domination — is a document that breaks down the tasks of a project into events. Each event is then further broken down into deliverable achievements and required criteria for success.
PMs can use IMPs to better organize the tasks of large-scale projects, optimize budgets, and create cohesion across teams.
Could also stand for: Internet Messaging Program, Insulated Metal Panel, Integrated Mail Processor
PgM: Program Management
This one’s a bonus acronym because it technically has a “g” in it, but it’s a lower-case “g” so we’re letting it slide.
PgM or Program Management is the process of mapping out multiple projects that are part of an overall program. By grouping related projects under a single program, managers can more efficiently delegate tasks and tie results to overall business goals.
Could also stand for: Probabilistic Graphical Model, Profit Gross Margin, Proggio Management
