CCP EXAM LAB QUESTIONS, ACCURATE CCP TEST

CCP Exam Lab Questions, Accurate CCP Test

CCP Exam Lab Questions, Accurate CCP Test

Blog Article

Tags: CCP Exam Lab Questions, Accurate CCP Test, CCP Test Cram, CCP Valid Test Cram, Reliable CCP Exam Tips

P.S. Free & New CCP dumps are available on Google Drive shared by ExamTorrent: https://drive.google.com/open?id=1CEGYs1wBtMq2NI8PArsiNgaogALbfw18

These mock tests are specially built for you to assess what you have studied. These Certified Cost Professional (CCP) Exam (CCP) practice tests are customizable, which means you can change the time and questions according to your needs. Taking practice exams teaches you time management so you can pass the Certified Cost Professional (CCP) Exam (CCP) exam. ExamTorrent's CCP practice exam makes an image of a real-based examination which is helpful for you to not feel much pressure when you are giving the final examination.

AACE International is a professional organization dedicated to advancing cost engineering and project management. AACE International offers a range of certification programs, including the Certified Cost Professional (CCP) designation. The CCP Certification is designed to demonstrate a professional’s knowledge and competency in the field of cost engineering.

The Certified Cost Professional, or CCP, is a certification offered by AACE International that serves as a benchmark for individuals to demonstrate their expertise in cost management, planning, and measurement. Certified Cost Professional (CCP) Exam certification is designed to validate the skills and knowledge required to manage project cost and aid in the decision-making process.

>> CCP Exam Lab Questions <<

CCP Exam Lab Questions | 100% Free High Pass-Rate Accurate Certified Cost Professional (CCP) Exam Test

Nowadays, our learning methods become more and more convenient. Advances in technology allow us to learn freely on mobile devices. However, we understand that some candidates are still more accustomed to the paper, so our CCP study materials provide customers with a variety of versions to facilitate your learning process: the PDF, Software and APP online. These three versions of our CCP Practice Engine can provide you study on all conditions. Come and buy our CCP exam guide!

To be eligible to take the AACE International CCP Exam, candidates must have a minimum of five years of professional cost engineering experience, along with a bachelor’s degree or higher educational qualification. They also need to demonstrate that they have completed 80 hours of professional development training in cost engineering or related fields. These requirements ensure that only highly-experienced and qualified professionals are eligible to sit for the exam.

AACE International Certified Cost Professional (CCP) Exam Sample Questions (Q25-Q30):

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

  • A. Free float
  • B. Remaining duration
  • C. Activity total slack
  • D. Just-in-time" scheduling

Answer: C


NEW QUESTION # 26
An agricultural corporation that paid 53% in income tax wanted to build a grain elevator designed to last twenty-five (25) years at a cost of $80,000 with no salvage value. Annual income generated would be $22,500 and annual expenditures were to be $12,000.
Answer the question using a straight line depreciation and a 10% interest rate.
The following question requires your selection of CCC/CCE Scenario 17 (4.2.50.1.1) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.
Assuming a 53% tax rate, how much cumulative depreciation will have been claimed at the end of the grain elevator's life span?

  • A. $42,400
  • B. $80,000
  • C. $37,600
  • D. None

Answer: B


NEW QUESTION # 27
Which of the following best describes the concept of total cost management:

  • A. The practices and processes utilized to manage the total life cycle cost investment in a portfolio of strategic assets
  • B. An integrating process that maps the fields of practice of cost engineering without linking it to project management, resource management, or accounting
  • C. A method of quantifying construction damages where the total job costs are subtracted from the original bid or estimate to determine the total cost amount for a claim
  • D. A job cost system for ensuring all aspects of a particular manufacturing process are accumulated completely

Answer: A

Explanation:
Total Cost Management (TCM) is a holistic approach that involves the application of practices and processes to manage the total life cycle costs of a portfolio of strategic assets. This concept extends beyond individual project management to encompass the entire investment life cycle, from initial planning and design through to operation, maintenance, and eventual decommissioning or replacement of assets. TCM aims to optimize the total cost of ownership and ensure that resources are allocated efficiently over the long term.
Option A refers to a specific method for quantifying construction damages, not the broad concept of TCM.
Option C describes a job cost system, which is a narrower focus than TCM.
Option D incorrectly states that TCM does not link to project management, resource management, or accounting, which are integral to TCM.
Therefore, B is the correct answer as it best describes the comprehensive and life cycle-oriented nature of Total Cost Management.


NEW QUESTION # 28
You are reporting the following Earned Value Analysis information for the project:
EV= $1,500,000
AC=$1.000,000
PV= $2,000,000
What is the status of the project?

  • A. Project is ahead of schedule, but under budget
  • B. Project is ahead of schedule, but over budget
  • C. Project is behind schedule, but under budget
  • D. Project is behind schedule, but over budget

Answer: C

Explanation:
The problem provides key metrics used in Earned Value Management (EVM):
Earned Value (EV): $1,500,000
Actual Cost (AC): $1,000,000
Planned Value (PV): $2,000,000
Key Points:
Schedule Performance Index (SPI):
SPI = EV / PV = $1,500,000 / $2,000,000 = 0.75
An SPI less than 1 indicates the project is behind schedule.
Cost Performance Index (CPI):
CPI = EV / AC = $1,500,000 / $1,000,000 = 1.5
A CPI greater than 1 indicates the project is under budget.
Conclusion: The correct answer is C. Project is behind schedule, but under budget because the SPI indicates a delay in schedule, and the CPI shows that the project is currently spending less than planned.


NEW QUESTION # 29

The following question requires your selection of CCC/CCE Scenario 4 (2.7.50.1.1) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.
At the end of 30 months, copper prices will have increased by what percentage over today's price?

  • A. 3.5%
  • B. 4.6%
  • C. 6.6%
  • D. 2.5%

Answer: D


NEW QUESTION # 30
......

Accurate CCP Test: https://www.examtorrent.com/CCP-valid-vce-dumps.html

BTW, DOWNLOAD part of ExamTorrent CCP dumps from Cloud Storage: https://drive.google.com/open?id=1CEGYs1wBtMq2NI8PArsiNgaogALbfw18

Report this page