EVM EVM Baseline and Work Authorization 1

Question 1

What does PMB stand for in an EVM system?

Accepted Answer

Performance Measurement Baseline

Answer

The PMB (Performance Measurement Baseline) is the time-phased budget plan against which project performance is measured.

Question 2

The Performance Measurement Baseline (PMB) equals:

Accepted Answer

Contract Budget Base minus Management Reserve

Answer

PMB = Contract Budget Base (CBB) - Management Reserve; the PMB is the portion of the budget allocated to planned work.

Question 3

A Control Account (CA) in EVM is:

Accepted Answer

A management control point where scope, budget, and schedule are integrated

Answer

A Control Account is the primary EVM measurement point where scope, schedule, and budget baselines are integrated and performance is tracked.

Question 4

Management Reserve (MR) in EVM is:

Accepted Answer

Budget set aside for unplanned in-scope work authorized by management

Answer

MR is held outside the PMB and is released by management authorization only for unforeseeable but in-scope work requirements.

Question 5

Undistributed Budget (UB) in EVM refers to:

Accepted Answer

Budget that is part of the CBB but not yet allocated to Control Accounts

Answer

UB is authorized budget within the CBB that has not yet been formally assigned to Control Accounts and must be distributed promptly.

EVM Certification Practice Test