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Foundational Concepts & Principles 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 Foundational Concepts & Principles flashcards as text
  1. A control account has BAC of $200,000, cumulative BCWP of $80,000, and cumulative ACWP of $100,000. Using the cumulative CPI method, what is the EAC?

    Answer: $250,000

    EAC equals BAC divided by CPI, so $200,000 divided by 0.8 gives $250,000.

  2. What does the Estimate to Complete (ETC) represent?

    Answer: The forecasted cost of the remaining authorized work

    ETC is the CAM's forecast of what the remaining work will cost, and adding ACWP to it yields the EAC.

  3. Apportioned effort is best used for work that:

    Answer: Has a direct, proportional relationship to a discrete base task, such as inspection of production units

    Apportioned effort earns value in direct proportion to a related discrete base account, fitting tasks like quality inspection tied to production.

  4. A CAM discovers work being performed that is not in their authorized scope. What is the correct first action?

    Answer: Stop or flag the effort and process the issue through formal change control

    Unauthorized work must be halted or escalated through change control so scope and budget stay traceable and authorized.

  5. Freezing changes to near-term baseline periods, except for approved corrections, is enforced by what mechanism?

    Answer: A freeze period defined in the EVM system description

    Most EVM system descriptions define a freeze period restricting current and near-term baseline changes to preserve measurement integrity.

  6. In a monthly EVMS business rhythm, the CAM's status inputs typically feed which contractual deliverable to the customer?

    Answer: The Integrated Program Management Report or Contract Performance Report

    CAM-level status and variance analyses roll up into the Integrated Program Management Report (formerly the Contract Performance Report) delivered to the customer.

  7. An Over Target Baseline (OTB) is established when:

    Answer: The remaining budget is insufficient for remaining work, so the baseline is formally reprogrammed above the contract budget base

    An OTB is a formal recognition that remaining work cannot be done within remaining budget, adding budget above the contract budget base for management purposes.