Practice Test Geeks(CAM) Control Account Manager Certification Practice Test
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Professional Standards & Ethics 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 Professional Standards & Ethics flashcards as text

  1. A Control Account Manager discovers that reported earned value data was manipulated to hide a schedule slip. What is the most appropriate first action?

    Answer: Report the discrepancy through the proper internal channels

    Ethical standards require promptly reporting data integrity issues through established organizational channels.

  2. Under EVMS guidelines, why is it unethical for a CAM to front-load a budget baseline?

    Answer: It misrepresents true performance and distorts variance analysis

    Front-loading inflates early performance metrics and misleads stakeholders about actual project health.

  3. A vendor offers a CAM tickets to a sporting event during an active source selection involving that vendor. The CAM should:

    Answer: Decline the gift and disclose the offer per organizational policy

    Gifts during active procurements create conflicts of interest and must be declined and disclosed.

  4. Which practice best demonstrates a CAM's ethical duty of accurate status reporting?

    Answer: Reporting variances objectively even when they reflect poorly on the CAM's own control account

    Objective, timely reporting of both favorable and unfavorable variances is a core ethical obligation.

  5. A CAM is pressured by a program manager to shift charges from an overrunning control account to one with remaining budget. This practice is known as:

    Answer: Mischarging, which is unethical and potentially illegal

    Deliberately charging costs to the wrong account is mischarging and can constitute fraud on government contracts.

  6. What should a CAM do if asked to certify an Estimate at Completion (EAC) they believe is unrealistically optimistic?

    Answer: Document their independent analysis and refuse to certify a figure they cannot support

    A CAM must only certify estimates they can substantiate with documented analysis.

  7. Which of the following is a key element of maintaining data integrity in earned value management?

    Answer: Ensuring performance is claimed only per pre-defined earning rules

    Claiming performance strictly by established earning rules prevents subjective or inflated progress claims.