CAM CAM Resource Management & Allocation 1

Question 1

What is the primary purpose of a Resource Breakdown Structure (RBS) in a control account?

Accepted Answer

To organize and categorize the types of resources needed to complete project work

Answer

The RBS categorizes resources (labor, materials, equipment) hierarchically to facilitate resource planning, allocation, and tracking within control accounts.

Question 2

In EVMS, what does 'Budgeted Cost of Work Scheduled (BCWS)' represent in resource planning?

Accepted Answer

The value of work planned to be accomplished in a given time period

Answer

BCWS (also called Planned Value or PV) represents the budgeted cost of the work planned to be completed by a specific point in time.

Question 3

What is 'over-allocation' in resource management?

Accepted Answer

Assigning a resource to more work than it can complete within the available time

Answer

Over-allocation occurs when a resource is assigned to more work than its availability allows in a given timeframe, creating a resource conflict.

Question 4

Which type of cost is directly traceable to a single control account and should be assigned directly rather than allocated?

Accepted Answer

Direct costs

Answer

Direct costs are those specifically identifiable to a single control account or work package and must be directly charged rather than allocated through overhead rates.

Question 5

What is the role of an Organizational Breakdown Structure (OBS) in resource management?

Accepted Answer

To map project work to the organizational units responsible for performing it

Answer

The OBS maps the project work from the WBS to the responsible organizational units, establishing management accountability for each control account.

(CAM) Control Account Manager Certification Practice Test

(CAM) Control Account Manager Certification Practice Test

CAM CAM Resource Management & Allocation 1