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Exam Code: CCP Vendor: AACE International Name: Certified Cost Professional (CCP) Exam 189 Q&A with Explanation Last Update: Jul 14, 2026
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CCP FAQs

What is the AACE International CCP exam, and who is it for?

The Certified Cost Professional (CCP) exam by AACE International is designed for professionals in cost management, cost engineering, and project control, focusing on analyzing, evaluating, and applying cost control principles in project settings.

How does the CCP certification compare to other AACE certifications like CEP or DRMP?

The CCP certification is focused on cost management, while CEP (Certified Estimating Professional) specializes in estimating, and DRMP (Decision and Risk Management Professional) focuses on risk analysis. CCP is broader and encompasses various aspects of cost engineering, whereas the others focus on specific areas.

How long is the AACE International CCP certification valid?

The CCP certification is valid for three years. To maintain the credential, certified professionals must complete recertification requirements, which involve earning continuing education units (CEUs).

What job roles are available after obtaining the CCP certification?

With a CCP certification, candidates can pursue roles such as Cost Manager, Project Controls Engineer, Cost Estimator, and Capital Projects Manager. These roles focus on cost analysis, budgeting, and financial forecasting in projects.

What is the difficulty level of the CCP exam compared to other cost and project management exams?

The CCP exam is considered challenging due to its technical depth and the requirement to submit a technical paper. Compared to exams like the PMP, CCP is more focused on cost principles and requires comprehensive knowledge of cost engineering.

How does the CCP certification help with long-term career growth?

The CCP certification is well-recognized in industries such as construction, oil and gas, and manufacturing. It positions certified professionals for advanced roles in project controls and cost management, making it valuable for long-term career progression.

What unique benefits do Dumpspedia’s CCP practice tests offer?
Our CCP practice tests include real-world cost analysis scenarios, ensuring you’re equipped to pass the exam with practical knowledge.
What is the exam format, and what is the passing score?

The CCP is a computer-based exam consisting of 120 multiple-choice questions. You will have 4 hours to complete it. The questions are designed to assess both your fundamental knowledge and your ability to apply concepts in practical situations. The exam is scored on a scale, and a minimum scaled score of 70% is required to pass.

What are the core eligibility requirements for the CCP certification?

Candidates must possess 8 years of relevant industry experience or a 4-year college degree combined with 4 years of professional experience. Additionally, you are required to submit a 2,500-word technical paper on a cost engineering topic and adhere to the AACE Canons of Ethics.

How many questions are on the CCP exam and how are they distributed?

The CCP exam consists of 119 multiple-choice questions and one written memo. The multiple-choice questions test core cost engineering topics, while the memo evaluates your ability to communicate recommendations clearly. Many candidates underestimate the memo’s weight, so balance your preparation between both sections.

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Certified Cost Professional (CCP) Exam Questions and Answers

Questions 1

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.

What is the cost of manufacturing labor for the piece of equipment today?

Options:

A.

$140,000

B.

$875,000

C.

$210,000

D.

$105,000

Questions 2

A used concrete pumping truck can be purchased for $125,000. The operation costs are expected to be $65,000 the first year and increase 5% each year thereafter. As a result of the purchase, the company will see an increase in income of $100,000 the first year and 5% more each subsequent year. The company uses straight-line depreciation. The truck will have a useful life of five (5) years and no salvage value. Management would like to see a 10% return on any investment. The company's tax rate is 28%.

Which of the following calculations would not be needed to determine "net income?'

Options:

A.

Depreciation

B.

Taxes

C.

Present value

D.

Income before taxes

Questions 3

When the project plan is implemented:

Options:

A.

Activities are carefully monitored and controlled against the baseline

B.

The basis for payment applications is formalized

C.

The forward and backward pass is identified

D.

CPI and SPI can be calculated and reported

Next Question

What our customers are saying

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