This is a good place to start: Statistical_process_control for the basic terms and definitions.
I highly recommend going through the Quality Methods module here: online-statistics-course.html
Cpk is calculated using an estimate of sigma that is based on the moving range, the difference between consecutive points.
Ppk is calculated using an estimate of sigma that is based on differences from the mean. (aka Stand Deviation)
Cpk is short term variation (between consecutive points) Ppk is long term or Overall.
JMP Systems Engineer, Health and Life Sciences (Pharma)