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Exam Code: CCPExam Name: Certified Cost Professional (CCP) Exam
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CCP Exam Questions Total Q&A: 115 Questions and Answers
Last Update: 06-14,2016
CCP Exam Cram Detail: CCP Exam Questions
NO.1 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.
The following question requires your selection of CCC/CCE Scenario 26 (2.5.50.1.2) from the right side
of your split screen, using the drop down menu, to reference during your response/choice of
responses.
Why is a +/- notation necessary when developing an estimate?
A. It is a government requirement
B. It makes up for the lack of time to develop a real estimate
C. There are unknowns that affect the final cost of a project
D. Contingency cushion
Answer: C
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NO.2 Meetings require:
A. Goals, an agenda, preparation, conclusions, control and conversations that are relevant
B. Goals, an agenda, preparation, relevant discussions, support for your actions and to consider the
total physical and human setting of the meeting
C. Goals, an agenda, flipchart, computer projector, laser pointer and consulting with others where
appropriate
D. Goals, an agenda, preparation, control, good listening skills and relevant discussions
Answer: A
CCP Practice Test CCP Exam Prep
NO.3 Cost performance index (CPI) is defined by AACE International as: (assume no change in
budgeted quantities)
A. BCWP/ACWP
B. BCWS/BCWP
C. ACWP/BCWS
D. ACWP/BCWP
Answer: A
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