Government Contracting Glossary
Master the language of government contracting. Browse 498 terms covering regulations, contract types, procurement processes, and more.
Showing 25–36 of 40 terms
PMI (Project Management Institute)
The PMI is a leading global association for project management professionals; standards, certifications, resources for excellence.
PMP (Project Management Professional)
PMP certification demonstrates a contractor's expertise in project management, increasing their competitiveness in government contracting.
PO (Purchase Order)
A Purchase Order (PO) is a simplified acquisition method used to buy supplies or services, especially under the simplified acquisition threshold.
POAM (Plan of Action and Milestones)
A POAM is a document used to track identified weaknesses and planned actions to correct deficiencies or reduce security vulnerabilities.
POC/Point of Contact
A POC is a designated individual serving as a primary liaison for communication and information exchange between a government agency and a contractor.
POM (Program Objective Memorandum)
A Program Objective Memorandum (POM) is a comprehensive budget proposal by DoD components that outlines programs and funding needs for the next five years.
POR (Program Of Record)
A Program Of Record (POR) signifies a government program that has completed the necessary reviews and has been formally baselined and funded.
PPBE (Planning Programming Budgeting And Execution)
PPBE defines the US government's process for resource allocation, from strategic planning to budget execution, impacting contractor opportunities.
PPM (Proposal Production Manager)
The Proposal Production Manager (PPM) is responsible for the physical creation, assembly, and delivery of government contract proposals.
PPP (Public Private Partnership)
A PPP is a contractual agreement between a public agency and a private sector entity to deliver infrastructure projects or services.
PQM (Proposal Quality Management)
PQM ensures a compliant, compelling, and high-scoring proposal through structured processes, reviews, and continuous improvement in government contracting.
PRAG (Performance Risk Analysis Group)
The PRAG analyzes contractor performance risk, helping agencies make informed award decisions and manage contracts effectively.