CAM Communication & Documentation 2

Question 1

A CAM discovers a significant cost variance during monthly analysis. What document should the CAM prepare to formally communicate the cause, impact, and corrective action?

Accepted Answer

A Variance Analysis Report (VAR)

Answer

The Variance Analysis Report is the formal document CAMs use to explain variance root causes, impacts, and corrective actions.

Question 2

During an EVMS surveillance review, what is the CAM's primary communication responsibility?

Accepted Answer

Explain and defend the data and processes within their control account

Answer

CAMs must be able to personally explain their control account data, processes, and performance during surveillance interviews.

Question 3

A CAM maintains a notebook (or electronic equivalent) for their control account. What is its primary purpose?

Accepted Answer

To provide an organized, auditable record of all control account documentation

Answer

The CAM notebook consolidates work authorizations, budgets, schedules, and variance analyses into one auditable reference.

Question 4

Which document formally communicates the scope, schedule, and budget authorized to a CAM before work begins?

Accepted Answer

The Work Authorization Document (WAD)

Answer

The Work Authorization Document formally conveys authorized scope, schedule, and budget to the CAM prior to starting work.

Question 5

A CAM's variance explanation states only 'costs were higher than planned.' Why is this documentation inadequate?

Accepted Answer

It restates the variance without identifying root cause, impact, or corrective action

Answer

Acceptable variance narratives must identify the root cause, quantify impacts, and describe corrective actions, not just restate the numbers.

(CAM) Control Account Manager Certification Practice Test

(CAM) Control Account Manager Certification Practice Test

CAM Communication & Documentation 2