CAM Project Integration Management 3

Question 1

A CAM's control account shows a cumulative cost variance of -$50,000 that exceeds the reporting threshold. What integrated action is required?

Accepted Answer

Prepare a variance analysis report explaining cause, impact, and corrective action

Answer

Threshold-breaching variances require formal analysis covering root cause, impact on the project, and planned corrective action.

Question 2

Rolling wave planning at the control account level means the CAM should:

Accepted Answer

Detail-plan near-term work packages while keeping far-term effort in planning packages

Answer

Rolling wave planning converts planning packages into detailed work packages as their execution window approaches.

Question 3

Which element ties a control account to the responsible organizational unit, ensuring single-point accountability?

Accepted Answer

The intersection of the WBS and the organizational breakdown structure (OBS)

Answer

A control account is established at the intersection of the WBS and OBS, giving one manager accountability for scope, schedule, and cost.

Question 4

A CAM notices a subcontractor's schedule slip will delay a successor task in another control account. The most integrated response is to:

Accepted Answer

Coordinate with the affected CAM and update the integrated master schedule impacts

Answer

Integration requires communicating cross-control-account schedule impacts and reflecting them in the integrated master schedule.

Question 5

Undistributed budget (UB) differs from management reserve (MR) in that UB is:

Accepted Answer

Budget for authorized scope not yet allocated to control accounts

Answer

Undistributed budget covers authorized, definitized scope awaiting distribution to control accounts, while MR covers unplanned in-scope risk.

(CAM) Control Account Manager Certification Practice Test