Practice Test Geeks(CAM) Control Account Manager Certification Practice Test
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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

  1. A control account has a −12% cumulative cost variance that exceeds the reporting threshold. As CAM, what is your first analytical step?

    Answer: Isolate which work packages are driving the variance

    Variance analysis starts by drilling down to the specific work packages and cost elements causing the deviation.

  2. What is the primary purpose of maintaining undistributed budget (UB) in an EVMS?

    Answer: To temporarily hold budget for authorized work not yet distributed to control accounts

    UB is a short-term holding account for budget associated with authorized scope awaiting distribution to control accounts.

  3. During a schedule risk assessment, the CAM identifies a critical-path task in their control account slipping 3 weeks. Which analysis best quantifies the downstream impact?

    Answer: Critical path analysis with total float evaluation in the IMS

    Impact of a critical-path slip is assessed through the integrated master schedule's network logic and float analysis.

  4. A CAM wants to use management reserve (MR) to cover newly identified in-scope risk work. What is the correct process?

    Answer: Request MR through a documented budget change request approved by the program manager

    MR is controlled by the program manager and released only through formal, documented baseline change control.

  5. Which condition would justify an Over-Target Baseline (OTB) rather than internal replanning?

    Answer: The remaining budget is insufficient for remaining work and variances make the baseline unusable for management

    An OTB is a formal reprogramming used when the existing baseline no longer provides a realistic basis for performance management.

  6. In freeze-period discipline, why are changes to open work packages within the current accounting period restricted?

    Answer: To prevent retroactive changes that distort reported performance

    Freeze periods protect the integrity of near-term baseline data so performance measurement remains valid.

  7. A work package planned with the 0/100 technique started last month but is not complete. What earned value does it report this period?

    Answer: Zero, because full credit is only taken at completion

    Under 0/100, no value is earned until the work package is fully complete.