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Plain-language definitions of every Project Management term that shows up in government contracting work.
An After Action Review is a structured retrospective session where teams systematically evaluate what occurred, what worked, what did not, and what should change to improve future performance.
Read definitionA Concept of Operations (CONOPS) describes how a proposed system or capability will be employed in an operational environment to accomplish a mission, providing the human-centered requirements context for system development.
Read definitionConfiguration Management is the systematic process for controlling changes to a system's functional and physical characteristics throughout its development, production, and operational lifecycle on government contracts.
Read definitionA Continuity of Operations Plan (COOP) documents how an organization will maintain or resume essential functions during and after a disruption such as a natural disaster, cyber attack, or pandemic.
Read definitionA Corrective Action Plan is a documented response to audit findings, contract deficiencies, or performance problems that identifies root causes, remediation steps, responsible owners, and completion timelines.
Read definitionCost Variance (CV) in Earned Value Management is the difference between the value of work completed and the actual cost incurred, indicating whether a contract is over or under budget.
Read definitionEarned Value Management is a project management methodology that integrates cost, schedule, and technical scope to objectively measure contract performance and forecast future costs and completion dates.
Read definitionEstimate to Complete (ETC) is the expected cost to finish remaining contract work from a given reporting date, a critical EVM metric used to project whether a program will stay within its budget.
Read definitionAn Integrated Master Plan is an event-driven planning document that defines a program's significant accomplishments, success criteria, and the criteria-based events that govern transition between phases.
Read definitionAn Integrated Master Schedule is a time-phased, resource-loaded network schedule that captures all program tasks, logic dependencies, and critical path relationships for a government contract.
Read definitionA Key Performance Parameter (KPP) is a critical threshold performance requirement for a defense system that must be met for the system to be considered operationally effective and suitable.
Read definitionLevel of Effort (LOE) is a contract or work package type defined by the amount of resources applied over time rather than specific deliverables, commonly used for program management and support tasks on government contracts.
Read definitionA Not-to-Exceed (NTE) ceiling is the maximum amount a contractor may bill or spend on a task or contract, establishing a hard financial limit without committing to paying the full amount if actual costs are lower.
Read definitionThe Performance Measurement Baseline is the time-phased budget against which Earned Value Management performance is measured on a government contract, representing the approved plan for completing all contract work.
Read definitionThe Risk Management Framework (RMF) is the NIST-based cybersecurity authorization process that federal information systems must complete to receive an Authority to Operate (ATO) for government use.
Read definitionA Risk Management Plan documents a program's approach to identifying, analyzing, mitigating, and monitoring risks throughout the contract period of performance on government contracts.
Read definitionA Rough Order of Magnitude (ROM) is a high-level cost estimate with an accuracy range of minus 50% to plus 100%, used for preliminary planning and feasibility assessment before detailed requirements are defined.
Read definitionSchedule Variance (SV) in Earned Value Management is the difference between the budgeted value of work performed and the budgeted value of work planned, indicating whether a contract is ahead or behind schedule.
Read definitionA Standard Operating Procedure (SOP) in government contracting is a documented, step-by-step process that establishes consistent methods for performing recurring tasks in compliance with contract requirements.
Read definitionA Work Breakdown Structure is a hierarchical decomposition of a project's total scope into manageable work packages, used in government contracts to organize scheduling, costing, and performance reporting.
Read definitionSee how Bidovate turns these government contracting terms into pipeline. Explore the platform or book a 15-minute demo.
