Test Prep CCP

Page:    1 / 24   
Total 116 questions | Updated On: Apr 22, 2024
Question 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: 


Answer: D
Question 2

The latest allowable end time minus the earliest allowable end time on a schedule activity is referred to as: 


Answer: A
Question 3

Productivity increases with time. This improvement is commonly associated with improvements in efficiency brought about by increased experience and skill levels. What does this scenario describe?


Answer: D
Question 4

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?


Answer: D
Question 5


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. Based on current trends, how many hours will be expended at project completion?


Answer: D
Page:    1 / 24   
Total 116 questions | Updated On: Apr 22, 2024

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Name: AACE Certified Cost Professional (CCP)
Exam Code: CCP
Certification: AACE
Vendor: Test Prep
Total Questions: 116
Last Updated: Apr 22, 2024