They should have chosen another name, the acronym PGM already stands for Probabilistic Graphical Model and they overlap in possible usages.
Take Rust the game and Rust the programming language. How often do people confuse them? I’ve never seen it happen. Never mind the fact that rust is also a compound that forms when iron combines with oxygen.
In my book, it’s better to come up with a name that makes sense or is memorable as long as it’s not very confusing.