CAM Foundational Concepts & Principles 5

Question 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?

Accepted Answer

$250,000

Answer

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

Question 2

What does the Estimate to Complete (ETC) represent?

Accepted Answer

The forecasted cost of the remaining authorized work

Answer

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

Question 3

Apportioned effort is best used for work that:

Accepted Answer

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

Answer

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

Question 4

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

Accepted Answer

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

Answer

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

Question 5

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

Accepted Answer

A freeze period defined in the EVM system description

Answer

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

(CAM) Control Account Manager Certification Practice Test