I just tried it again – IPRMW actually takes seven syllables to pronounce! This is too many to use in general conversation.

IPRRG – two syllables
IPRMMRG – four syllables

You know, Richard, that’s not too bad…the letterhead would have to feature a pretty small font to fit all those words, though.

By the way, I assume you meant cat-herding-like approach to collective decision making…