AACE CCP Certified Cost Professional (CCP) Exam Online Training
AACE CCP Online Training
The questions for CCP were last updated at Feb 21,2025.
- Exam Code: CCP
- Exam Name: Certified Cost Professional (CCP) Exam
- Certification Provider: AACE
- Latest update: Feb 21,2025
The written word is often more useful than the spoken. Guidelines for writing include:
- A . Use short sentences; use short words; avoid jargon and abbreviations; use complete sentences; stick to one idea per paragraph; have a beginning, middle and end; be accurate
- B . Organize the background information; state the problem list the options or alternatives; state the recommendation (s); conclude and summarize with why the recommendation is the best way to proceed
- C . Follow an outline; allow some time for "cooling" after compiling the draft before revising; when revising, allow plenty of time for several sessions
- D . Explain, report, describe, clarify, define and demonstrate
The four steps to writing are:
- A . Introduction, paragraph, conclusion, works cited
- B . Start, write, complete, revise
- C . Abstract, body conclusion, bibliography
- D . Plan, write, cool, revise
Two of the most important things to know when planning a speech or lecture are the ______________and______________ of your audience.
- A . Motivation, professionalism
- B . Background, attitude
- C . Political preference, sense of humor
- D . Culture, understanding
When a person hears the words being said to him/her, but does not receive the message of the words, it is called
- A . Reflective listening
- B . Judgmental listening
- C . Passive listening
- D . Directive listening
Listening to what is being said by all members of a group or audience and then summarizing or interpreting is called______________.
- A . Directive listening
- B . Non-listening
- C . Visual listening
- D . Facilitative listening
In a fixed price contract the:
- A . Contractor has no risk in the project
- B . Contactor assumes all the performance risk
- C . Contractor is paid for actual costs
- D . Owner has all the risk
The following question requires your selection of CCC/CCE Scenario 2 (2.3.50.1.2) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.
The entire pipe has been received, hangers have been installed, and all pipes are in place. None has been welded or flushed.
What percent complete is this project?
- A . 45%
- B . 50%
- C . 95%
- D . 30%
The following question requires your selection of CCC/CCE Scenario 2 (2.3.50.1.2) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.
6,573 hours have been expended to date. Planned completion at this time is 60%. The project is determined to be 55% complete.
How many hours have been earned?
- A . 6,600
- B . 6,960
- C . 7,200
- D . 6,573
The following question requires your selection of CCC/CCE Scenario 2 (2.3.50.1.2) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.
9,375 hours have been expended to date. Planned completion at this time is 75%. The project is determined to be 66% complete.
What is the current cost performance index (CPI)?
- A . 0.96
- B . 0.84
- C . 1.14
- D . 0.88
The following question requires your selection of CCC/CCE Scenario 2 (2.3.50.1.2) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.
9,375 hours have been expended to date. Planned completion at this time is 75%. The project is determined to be 66% complete.
What is the current schedule performance index (SPI)?
- A . 0.96
- B . 0.88
- C . 0.84
- D . 1.14