Control Account Manager (CAM)
The CAM owns and takes responsibility for the Control Account's authorized budget, its Budget at Completion (BAC). The CAM plans the work within the Control Account, breaking it into Work Packages and Planning Packages, and manages the people and other resources needed to do it. As work is performed, the CAM tracks progress against the plan, explains significant Cost or Schedule Variances, and prepares the Estimate to Complete (ETC) for the remaining work. Most projects have several CAMs, each responsible for one or more Control Accounts.
What this means for you
Assigning one person integrated responsibility for a Control Account's scope, schedule, and cost puts accountability with someone close to the work. Because the CAM sees how those areas affect one another, they can make informed tradeoffs among them and deal with problems early, before they affect the wider project.
FAQ
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