Sharable Content Object Reference Model. SCORM (often misspelled/mispronounced SCROM) is a collection of standards and specifications for web-based learning. It defines communications between content and learning management system.
The media presentations in our courses were originally designed as SCORM objects or SCORMs (less frequently, but more accurately, referred to as SCOs). The intent was that SCORM would allow our media presentations (specifically the topic-level Reviews and unit-level Tutor Simulations) to communicate a score to the LMS' gradebook. However, the success of SCORM implementation depended on the more common LMSes being developed to comply with the same standards, and this did not turn out to be the case. We are now at a point where SCORM is not supported sufficiently in any of the common LMSes except for Moodle v1.9.
If you are using Moodle v1.9 and are interested in implementing the SCORM version of our courses, please read this article about SCORM and NROC courses.
You can find more detailed information about the SCORM standards at http://www.scorm.org and http://en.wikipedia.org/wiki/Sharable_Content_Object_Reference_Model.