initialized-fbo: command not found

Have You tried accessing the binary with the full path?

Maybe Your $PATH variable doesn't contain the default paths? echo $PATH should give something like:

[root@server ~]# echo $PATH
/usr/local/sbin:/usr/local/bin:/sbin:/bin:/usr/sbin:/usr/bin:/root/bin

If it's empty, You may set the PATH variable with this command

export PATH="/usr/local/sbin:/usr/local/bin:/sbin:/bin:/usr/sbin:/usr/bin:/root/bin"

On CentOS possible default full paths are:

/usr/lib64/piglit/bin/initialized-fbo - from package: piglit

You may install the required package with command yum install {package}
Error in other languages:
initialized-fbo: bevel nie gevind nie
initialized-fbo: comandă negăsită
initialized-fbo: comando não encontrado
initialized-fbo: commande introuvable
initialized-fbo: command not found
initialized-fbo: käsku ei ole
initialized-fbo: không tìm thấy lệnh
initialized-fbo: komanda nerasta
initialized-fbo: Kommando nicht gefunden.
initialized-fbo: kommandot finns inte
initialized-fbo: komut yok
initialized-fbo: nie znaleziono polecenia
initialized-fbo: níor aimsíodh an t-ordú
initialized-fbo: no se encontró la orden
initialized-fbo: no s'ha trobat l'ordre
initialized-fbo: opdracht niet gevonden
initialized-fbo: parancs nem található
initialized-fbo: perintah tidak ditemukan
initialized-fbo: príkaz nenájdený
initialized-fbo: příkaz nenalezen
initialized-fbo: команда не найдена
initialized-fbo: командата не е открита
initialized-fbo: 命令找不到
initialized-fbo: コマンドが見つかりません