Advanced Techniques & Methods Flashcards
7 cards from real CAM practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Advanced Techniques & Methods flashcards as text
During an Integrated Baseline Review (IBR), what is the CAM primarily expected to demonstrate?
Answer: Understanding of the scope, schedule, budget, and risks in their control account
The IBR assesses whether the CAM understands and can execute the baseline plan for their control account, including its risks.
A CAM's variance analysis report must include which three core elements to be considered complete?
Answer: Root cause, impact, and corrective action plan
Complete variance analysis explains why the variance occurred, what it affects, and how it will be corrected or managed.
Which technique should a CAM use to earn value on a 9-month work package with multiple tangible interim outputs?
Answer: Weighted milestones
Weighted milestones assign budget to discrete interim events, making them ideal for longer work packages with tangible outputs.
What distinguishes apportioned effort from level of effort in earned value measurement?
Answer: Apportioned effort's earned value is tied to the performance of a related discrete work base
Apportioned effort earns value as a factor of a related discrete task's performance, unlike LOE which earns planned value automatically.
A CAM discovers actual costs were charged to the wrong control account. What is the proper corrective method?
Answer: Process a documented accounting adjustment moving costs to the correct account
Misbooked costs must be corrected through documented accounting transfers, never by manipulating budget or earned value.
Which EAC formula assumes remaining work will be performed at the current cumulative CPI?
Answer: EAC = AC + (BAC − EV) ÷ CPI, which simplifies to BAC ÷ CPI
Dividing remaining work by cumulative CPI assumes past cost efficiency continues, which simplifies to BAC ÷ CPI.
When schedule performance is also expected to affect future costs, which EAC approach is most appropriate?
Answer: EAC = AC + (BAC − EV) ÷ (CPI × SPI)
The composite index (CPI × SPI) factors both cost and schedule efficiency into the estimate for remaining work.