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AACE International CCP Exam With Confidence Using Practice Dumps

Exam Code:
CCP
Exam Name:
Certified Cost Professional (CCP) Exam
Certification:
Questions:
189
Last Updated:
Jul 8, 2025
Exam Status:
Stable
AACE International CCP

CCP: AACE Exam 2025 Study Guide Pdf and Test Engine

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Certified Cost Professional (CCP) Exam Questions and Answers

Question 1

Which statement best describes the constructability review for a project?

Options:

A.

Is concerned primarily with resource scheduling and organizational planning

B.

The review by a multi-discipline team to Improve the methods of delivering the intended scope

C.

A method to reduce costs by considering alternate designs

D.

The systematic application of recognized techniques which identify the functions of the product or service

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Question 2

A major theme park is expanding the existing facility over a five-year period. The design phase will be completed one year after the contract is awarded. Major engineering drawings will be finalized two years after the design contract is awarded and construction will begin three years after the award of the design contract. New, unique ride technology will be used and an estimate will need to be developed to identify these costs that have no historical data.

Cost engineers who feel completely satisfied and fulfilled by their work as part of a project team are said to have reached the ______________ stage of Maslow's hierarchy of needs.

Options:

A.

Need satisfaction

B.

Belonging needs

C.

Self-actualizations

D.

Esteem

Question 3

You have been hired as the cost engineer for a mechanical contractor and have been provided the following information:

What is the schedule performance index (SPI)?

Options:

A.

ACWP/BCWS= 110,000/100,000= 1.10

B.

BCWS/ACWP = 100,000/110,000 = 0.91

C.

BCWP/BCWS = 105,000/100,000- 1.05

D.

BCWS/BCWP= 100,000/105,000-0.95