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 CAM is preparing an Estimate to Complete (ETC) using a bottoms-up approach. What does this require?

    Answer: A detailed re-estimate of all remaining tasks based on current knowledge

    A bottoms-up ETC re-estimates each remaining task in detail rather than relying on index-based formulas.

  2. Which document authorizes a CAM to begin work and establishes the scope, schedule, and budget for a control account?

    Answer: The work authorization document

    Formal work authorization documents the agreement on scope, schedule, and budget before work begins.

  3. A CAM sees repeated favorable cost variances caused by front-loaded budget in early work packages. What EVMS risk does this create?

    Answer: A rubber baseline that masks true performance and defers problems to later periods

    Front-loading budgets creates artificial early favorable variances that hide problems until late in the effort.

  4. In an integrated cost-schedule risk analysis, what is the purpose of running a Monte Carlo simulation on the IMS?

    Answer: To produce a probability distribution of completion dates and costs under uncertainty

    Monte Carlo simulation models schedule and cost uncertainty to give confidence levels rather than single-point estimates.

  5. A CAM must incorporate a customer-directed scope addition into their control account. What is the correct sequence?

    Answer: Receive authorized change, update the baseline through change control, then perform the work

    Authorized changes flow through formal baseline change control before execution to keep scope, schedule, and budget aligned.

  6. What is the earned value implication of using percent complete supported by quantifiable backup data (QBD)?

    Answer: It adds objectivity to a subjective method by tying percentages to measurable outputs

    QBD grounds percent-complete claims in measurable evidence like units completed or drawings released.

  7. A control account shows SV = −$50,000 but the tasks driving it have large total float. How should the CAM characterize the schedule impact?

    Answer: Unfavorable earned value schedule variance with no immediate critical-path impact

    EV schedule variance measures work accomplishment versus plan, while float analysis shows the slip does not yet threaten the critical path.