CAM Advanced Techniques & Methods 2

Question 1

A CAM notices a control account's cumulative CPI is 0.85 while the SPI is 1.05. What does this combination most likely indicate?

Accepted Answer

Work is ahead of schedule but costing more than planned

Answer

CPI below 1.0 indicates cost overrun while SPI above 1.0 indicates schedule performance ahead of plan.

Question 2

When using the 50/50 earned value technique on a work package, when is the remaining 50% of budget earned?

Accepted Answer

When the work package is completed

Answer

The 50/50 method earns half the budget when work starts and the remaining half only upon completion.

Question 3

Which formula calculates the To-Complete Performance Index (TCPI) based on the current Estimate at Completion (EAC)?

Accepted Answer

(BAC − EV) ÷ (EAC − AC)

Answer

TCPI based on EAC divides the remaining work (BAC − EV) by the remaining funds (EAC − AC).

Question 4

A CAM must replan remaining work in an open control account without changing the total budget or contract milestones. What is this action called?

Accepted Answer

Internal replanning

Answer

Internal replanning redistributes budget for future work within existing constraints without changing the contract budget base.

Question 5

Under EVMS guidelines, which practice is prohibited when closing out a completed work package with a cost variance?

Accepted Answer

Transferring the remaining budget to mask the variance

Answer

Shifting budget to hide variances (retroactive changes) violates EVMS baseline discipline.

(CAM) Control Account Manager Certification Practice Test