PAM^2, which stands for Precision Additive Metal Manufacturing, is a European project in which 10 beneficiaries and 2 partners collaborate on improving the precision of metal Additive Manufacturing. Within this project, research is done for each process stage of AM, going from the design stage to modeling, fabricating, measuring and assessment. For each step we aim to progress the state of the art with a view of improving the final AM part precision and quality by implementing good precision engineering practice. In this article we will list PAM^2’s detailed objectives, the envisioned approach and the results achieved after 1,5 years of research.