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NO.1 Cost performance index (CPI) is defined by AACE International as: (assume no change in
budgeted quantities)
A. ACWP/BCWP
B. ACWP/BCWS
C. BCWP/ACWP
D. BCWS/BCWP
Answer: C
NO.2 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. The ability to determine cost overruns of critical path activities
B. The ability to show slippage in the progress of key activities
C. Reveals activities that additional resources need to be dedicated toward
D. The ability to identify activities that cannot have their schedules slip if the desired project end date
is to be achieved
Answer: A
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Exam Name: Certified Cost Professional (CCP) Exam
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CCP Valid Visual Cert Exam Total Q&A: 115 Questions and Answers
Last Update: 2017-04-10
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