CAM CAM Schedule Management & Control

Question 1

What is the primary purpose of a schedule baseline in Control Account Management?

Accepted Answer

To provide an approved reference for measuring schedule performance

Answer

To track actual costs incurred

Answer

To allocate resources across work packages

Answer

To document risks associated with the schedule

Question 2

Which schedule metric indicates whether a project is ahead of or behind its planned schedule?

Accepted Answer

Schedule Variance (SV)

Answer

Cost Variance (CV)

Answer

Cost Performance Index (CPI)

Answer

Budget at Completion (BAC)

Question 3

What does a Schedule Performance Index (SPI) value of 0.85 indicate?

Accepted Answer

The project is performing at 85% of the planned schedule rate

Answer

The project is 15% over budget

Answer

The project has completed 85% of its work

Answer

The project is 15% ahead of schedule

Question 4

In EVMS, what is the role of the Integrated Master Schedule (IMS)?

Accepted Answer

To provide a networked schedule linking all project work to milestones and deliverables

Answer

To document all project costs

Answer

To track subcontractor payments

Answer

To define the organizational breakdown structure

Question 5

Which technique is used to identify the longest path through a project schedule network?

Accepted Answer

Critical Path Method (CPM)

Answer

Critical Ratio Method

Answer

Earned Schedule technique

Answer

Resource Leveling

Question 6

What is 'float' (slack) in project schedule management?

Accepted Answer

The amount of time an activity can be delayed without delaying the project end date

Answer

Extra budget reserved for schedule risks

Answer

The difference between planned and actual costs

Answer

The number of resources assigned to critical tasks