CAM CAM Schedule Management & Control 2

Question 1

What is the Earned Schedule (ES) technique used for in project management?

Accepted Answer

To express schedule variance and performance in time units rather than cost units

Answer

Earned Schedule (ES) converts EVM schedule metrics into time-based units, enabling more meaningful schedule forecasting.

Question 2

Which of the following best describes 'schedule compression'?

Accepted Answer

Techniques used to shorten project duration without reducing scope

Answer

Schedule compression techniques such as crashing and fast-tracking shorten project duration while maintaining the original project scope.

Question 3

In a CAM's control account, what is 'time-phasing' of budgets?

Accepted Answer

Distributing budget across the project schedule in alignment with planned work

Answer

Time-phasing distributes the budget across the project timeline to reflect when the planned work is expected to be performed, creating the Performance Measurement Baseline (PMB).

Question 4

What is the purpose of a 'schedule risk analysis' in CAM practice?

Accepted Answer

To quantify schedule uncertainty and determine the probability of meeting milestone dates

Answer

Schedule risk analysis, often performed using Monte Carlo simulation, quantifies the probability of completing the project within a given timeframe.

Question 5

Which document formally authorizes a CAM to perform work and establishes the performance measurement baseline for a control account?

Accepted Answer

Control Account Plan (CAP)

Answer

The Control Account Plan (CAP) authorizes the CAM to perform defined work and establishes the baseline budget, schedule, and scope for the control account.

(CAM) Control Account Manager Certification Practice Test

(CAM) Control Account Manager Certification Practice Test

CAM CAM Schedule Management & Control 2