I passed my ACP Exam today, very similar experience to Nancy. I used the calculator once, it wasn't really necessary but I just wanted to be sure. No EVM, no formulas, barely even needed to know how to read a burn up/down chart. Team member roles, responsibilities, "what should you do," "what should you have done,"" how could it have been better" was almost the entirety of my exam. I spent a lot of time studying definitions, tools, meeting techniques, etc. While certainly helpful for the big picture, I didn't need that knowledge. What you really need for this exam (at least my exam) was a clear understanding of roles, and agile methodologies. If you're solid on both, you're going to pass.