Practice Test Geeks(CAM) Control Account Manager Certification Practice Test
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Earned Value Management 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 Earned Value Management flashcards as text

  1. A subcontractor performs 30% of a control account's discrete work. How should the CAM incorporate the subcontractor's performance?

    Answer: Integrate subcontractor earned value data into the control account consistent with the EVMS

    Subcontracted discrete effort must be measured and integrated into the prime's control account performance data.

  2. At month end, a control account has ACWP of $95,000, BCWP of $110,000, and BCWS of $120,000. Which statement is accurate?

    Answer: The account is under budget but behind schedule

    CV = 110,000 - 95,000 = +$15,000 (favorable cost) while SV = 110,000 - 120,000 = -$10,000 (behind schedule).

  3. What distinguishes a planning package from a work package within a control account?

    Answer: A planning package holds far-term budget and scope not yet detail-planned

    Planning packages hold time-phased budget for far-term scope that will be converted into detailed work packages before work starts.

  4. When should a CAM take earned value (BCWP) for material on a production contract?

    Answer: At a point consistent with the plan, such as receipt, issuance, or consumption, matched to when costs are recorded

    Material performance must be earned at a defined point aligned with cost recording to avoid artificial variances.

  5. A program undergoes an over-target baseline (OTB). What does this action involve?

    Answer: Formally replanning with total allocated budget exceeding the contract budget base

    An OTB is a recognized reprogramming action where TAB exceeds CBB to establish a realistic baseline for remaining work, with customer notification.

  6. Which schedule artifact must the control account's time-phased budget be traceable to in a compliant EVMS?

    Answer: The integrated master schedule

    Vertical and horizontal traceability requires control account budgets and work to align with the integrated master schedule.

  7. A CAM's estimate to complete (ETC) should be based primarily on what?

    Answer: A bottoms-up assessment of remaining work considering performance to date and known risks

    A credible ETC is a comprehensive, realistic evaluation of remaining scope informed by actual performance and risk.