AACE International CCP Practice Test Questions Answers
Exam Code: CCP
(Updated 189 Q&As with Explanation)
Exam Name: Certified Cost Professional (CCP) Exam
Last Update: 15-Mar-2025
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CCP Overview
AACE International CCP Exam Overview
| Category | Details |
|---|---|
| Exam Name | AACE International Certified Cost Professional (CCP) |
| Exam Code | CCP |
| Exam Duration | 4 hours |
| Number of Questions | 165 multiple-choice questions |
| Question Format | Multiple Choice |
| Passing Score | Typically 70% or above (may vary) |
| Prerequisites | - At least 8 years of professional experience in cost management or related fields (waivers may apply based on education and experience) |
| Exam Topics | - Cost Estimating and Cost Control |
| - Risk Management and Analysis | |
| - Project Scheduling and Control | |
| - Procurement and Contract Management | |
| - Earned Value Management (EVM) | |
| - Project Control and Financial Management | |
| Language | English |
| Exam Delivery | Computer-based testing, available globally via Pearson VUE |
| Validity | 3 years (after passing, certification is valid for 3 years) |
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AACE International CCP Exam Topics Breakdown
| Section | Topics Covered | Approximate Weight |
|---|---|---|
| 1. Cost Estimating and Control | - Cost estimating techniques (e.g., parametric, analogy, engineering) | 25-30% |
| - Budget development and cost control strategies | ||
| 2. Risk Management and Analysis | - Identifying, assessing, and managing project risks | 15-20% |
| - Risk response strategies and mitigation planning | ||
| 3. Project Scheduling and Control | - Project planning and scheduling techniques | 15-20% |
| - Control and monitoring of project schedules | ||
| 4. Procurement and Contract Management | - Procurement methods and contract administration | 10-15% |
| - Contract cost management and terms negotiation | ||
| 5. Earned Value Management (EVM) | - EVM fundamentals, calculations, and techniques | 10-15% |
| - Performance measurement and reporting | ||
| 6. Project Control and Financial Management | - Monitoring and controlling project financials | 15-20% |
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