Practice Test Geeks(CAM) Certified Account Manager Practice Test
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Project Management Fundamentals 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 Project Management Fundamentals flashcards as text

  1. A project manager notices scope creep occurring on an account project. What is the BEST first step to address this?

    Answer: Review the original project charter and scope statement

    Reviewing the original project charter and scope statement establishes the baseline from which any changes can be formally evaluated and controlled.

  2. Which scheduling technique shows task dependencies and the longest path through a project?

    Answer: Critical Path Method (CPM)

    The Critical Path Method identifies the sequence of dependent tasks that determines the minimum project duration and highlights which tasks have zero float.

  3. An account manager is creating a project budget. Which cost estimation technique uses actual costs from similar past projects?

    Answer: Analogous estimating

    Analogous estimating uses historical data from previous similar projects as a basis for estimating the current project's cost or duration.

  4. A stakeholder requests a significant change late in a project. The account manager should FIRST:

    Answer: Submit the change through the formal change control process

    All significant changes must go through formal change control to assess impact on scope, schedule, cost, and quality before approval or rejection.

  5. What does 'float' (or slack) represent in project scheduling?

    Answer: The amount of time a task can be delayed without delaying the project end date

    Float is the amount of time an activity can be delayed from its early start without causing a delay to the project's overall completion date.

  6. Which project management document formally authorizes a project and grants the project manager authority to apply resources?

    Answer: Project charter

    The project charter is the document that formally initiates a project and authorizes the project manager to use organizational resources to achieve project objectives.

  7. An account manager calculates that Earned Value (EV) = $40,000 and Planned Value (PV) = $50,000. What does this indicate?

    Answer: The project is behind schedule

    When EV is less than PV, the project has a negative Schedule Variance, meaning less work has been accomplished than was planned for this point in time.