Pass AACE International CCP Exam with Guarantee Updated 115 Questions
Latest CCP Pass Guaranteed Exam Dumps Certification Sample Questions
NEW QUESTION # 20
Listening to what is being said by all members of a group or audience and then summarizing or interpreting is called______________.
- A. Non-listening
- B. Facilitative listening
- C. Visual listening
- D. Directive listening
Answer: D
NEW QUESTION # 21 
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. 0.84
- C. 1.14
- D. 0.88
Answer: C
NEW QUESTION # 22
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.
According to Maslow's hierarchy of needs, giving the employees an award that acknowledges their achievements is most likely to satisfy which level of need?
- A. Power needs
- B. Self-actualization
- C. Belonging needs
- D. Safety needs
Answer: B
NEW QUESTION # 23
The written word is often more useful than the spoken. Guidelines for writing include:
- A. Explain, report, describe, clarify, define and demonstrate
- B. Follow an outline; allow some time for "cooling" after compiling the draft before revising; when revising, allow plenty of time for several sessions
- C. 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
- D. 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
Answer: C
NEW QUESTION # 24
______________can be defined as the determination of that course of action or combination of alternatives that yields either the lowest cost or the highest profit.
- A. Linear programming
- B. Simulation
- C. Economic optimization
- D. Dynamic programming
Answer: D
NEW QUESTION # 25
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.
A cyclical process model was chosen as the basis for total cost management (TCM) because:
- A. It is one of the basic tenets of quality improvement
- B. Strategic assets and projects have inherent life cycles
- C. It facilitates development of budgets and schedules
- D. Refinement is needed to prepare the estimate at completion (EAC)
Answer: B
NEW QUESTION # 26
Any combination of unique letters, numbers, or blanks, which describes and identifies any activity or task shown on the schedule, is:
- A. Account number
- B. Resource
- C. WBS Code
- D. Activity ID
Answer: D
NEW QUESTION # 27
A contract clause that provides the owner with the right to terminate the contract irrespective of the general contractor's liability is:
- A. Termination of contract - default
- B. Breach of contract
- C. Termination of contract - convenience
- D. Substantial completion
Answer: C
NEW QUESTION # 28 
The following question requires your selection of CCC/CCE Scenario 6 (2.7.50.1.3) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.
What is the relative frequency of unit costs from Atlanta, GA?
- A. 0
- B. $40.59
- C. 33.33%
- D. $48.33
Answer: C
NEW QUESTION # 29 
The following question requires your selection of CCC/CCE Scenario 28 (3.7.50.1.7) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.
A reason for using a Construction Manager type agreement is:
- A. Coordinate the owner and engineer as in Type A
- B. To better coordinate contractors
- C. To better coordinate contractors and subcontractors as in Type B
- D. To better coordinate subcontractors
Answer: A
NEW QUESTION # 30
Money is value. Having money when you need it is very important. Money can also be valuable when used wisely by knowing when to spend and when to conserve Also, planning now for future expenses can be a plus to the company rather than a debit.
There are several ways to capitalize money and spending. Basically there is the single payment method that has a compound amount factor and a present worth factor. There is the uniform annual series that has a sinking fund factor, capital recovery factor and also the compound amount factor and present worth factor. At this point, we can assure money is worth 10%.
The following question requires your selection of CCC/CCE Scenario 7 (4.8.50.1.1) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.
If $10,000 is scheduled to be paid out 5 years from now, what is the minimum amount we can invest today?
- A. $3,791
- B. $8,129
- C. $6,209
- D. $3,855
Answer: C
NEW QUESTION # 31
The following question requires your selection of CCC/CCE Scenario 28 (3.7.50.1.7) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.
In the A relationship, the subcontractor might use an unbalance bid to:
- A. Reduce the risk of quantities being greater than estimated
- B. Decrease the chances of extended claim litigation
- C. Provides an alternative to competitive bidding
- D. To get more payment early in the job
Answer: A
NEW QUESTION # 32
The latest allowable end time minus the earliest allowable end time on a schedule activity is referred to as:
- A. Total float
- B. Remaining duration
- C. Free float
- D. Just-in-time scheduling
Answer: A
NEW QUESTION # 33
An effort by a prime contractor to reduce the price quoted by a vendor, by providing the bid price to other vendors in an attempt to get the other vendors to underbid the original price quoted is referred to as:
- A. Bid shopping
- B. Negotiating a best and final offer
- C. Costing
- D. Cost-price analysis
Answer: A
NEW QUESTION # 34
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.
- A. Belonging needs
- B. Esteem
- C. Self-actualizations
- D. Need satisfaction
Answer: C
NEW QUESTION # 35
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.
Which of the following percent complete measurement techniques is best suited for long-term non-production accounts (such as overhead accounts)?
- A. Units completed
- B. Start/finish
- C. Ratio/level of effort
- D. Incremental milestone
Answer: D
NEW QUESTION # 36
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 is NOT an advantage of the critical path method:
- A. Reveals activities that additional resources need to be dedicated toward
- B. The ability to determine cost overruns of critical path activities
- C. The ability to show slippage in the progress of key activities
- D. The ability to identify activities that cannot have their schedules slip if the desired project end date is to be achieved
Answer: B
NEW QUESTION # 37
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.
What class of estimate is used for the preliminary design phase of a project?
- A. Class 4 - budget estimate with +30% / -15% accuracy
- B. Class 5 - order of magnitude estimate with +50% / -30% accuracy
- C. Class 2 - definitive estimate with +15%/-5% accuracy
- D. Class 1 - order of magnitude with +30% / -30% accuracy
Answer: B
NEW QUESTION # 38 
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. 6,573
- B. 6,600
- C. 7,200
- D. 6,960
Answer: A
NEW QUESTION # 39
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 meaning of the +/-notations associated with an estimate. The actual cost is expected:
- A. To be higher or lower that the percentages stated
- B. To be exactly the percentages stated
- C. To be outside the percentages stated
- D. To fall within the percentage range stated
Answer: D
NEW QUESTION # 40
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