
PY (Program Year)
PY (Program Year) refers to the specific annual cycle during which an apprenticeship, training program, or similar initiative operates. It marks the start and end of a set period—usually one year—when participants engage in structured activities, training, and assessments. Think of it as a “school year” for a specialized program, helping organizations organize schedules, track progress, and plan resources effectively. For example, PY 2023 runs from a designated start date in 2023 to the same date in 2024. This system ensures clarity in program management and compliance with industry standards.