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CCP Reviews Questions

Page: 8 / 14
Total 189 questions

Certified Cost Professional (CCP) Exam Questions and Answers

Question 29

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.

When analyzing a precedence diagram schedule, the "backward pass"

Options:

A.

Allows total float to be calculated

B.

Determines the duration of each activity

C.

Calculates the earliest allowable start and finish times for the activities in the schedule

D.

Allows activities to finish as soon as all their 'predecessor' relationships are satisfied

Question 30

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 is least likely to improve a large earthmoving contractor's productivity?

Options:

A.

Using apprentice operators to save labor costs

B.

Starting summer work in the early morning hours to minimize work during peak heat periods of the day

C.

Remove underground hazards prior to excavation work

D.

Replacing old excavators with new, larger excavators

Question 31

Which of the following is NOT a type of float?

Options:

A.

Total

B.

Negative

C.

Open end

D.

Free

Question 32

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.

If the owner in B has as his primary goal to get the project completed and on line as fast as possible, then he would most likely use the ______________type of contract.

Options:

A.

Cost plus

B.

Lump sum

C.

Unit Rate

D.

Lump sum + incentive

Page: 8 / 14
Total 189 questions