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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.
Select the statement that best describes the method to estimate the cost of the new rides:
A. Break down the technology into components
B. Use historical data from past projects
C. Call vendors for quotes
D. Adjust known data from existing rides
Answer: D
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NO.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.
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 makes up for the lack of time to develop a real estimate
B. Contingency cushion
C. It is a government requirement
D. There are unknowns that affect the final cost of a project
Answer: D
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Exam Code: CCPExam Name: Certified Cost Professional (CCP) Exam
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CCP Valid Test Pattern Total Q&A: 115 Questions and Answers
Last Update: 2017-03-05
CCP New Practice Questions Free Detail: CCP Valid Test Pattern
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