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Certified Cost Professional (CCP) Practice Exam

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Certified Cost Professional (CCP) Practice Exam

The Certified Cost Professional (CCP) credential, offered by the AACE International (Association for the Advancement of Cost Engineering), validates your expertise in applying Total Cost Management (TCM) principles to plan, execute, and manage projects. Earning the CCP designation demonstrates your ability to estimate costs, control budgets, and ensure project financial viability across various industries.

Who Should Take This Exam?

The CCP certification caters to professionals seeking to:

  • Advance their careers in cost engineering: Specialize in project cost estimation, budgeting, and cost control.
  • Demonstrate their expertise: Distinguish themselves in the job market with a recognized cost engineering credential.
  • Expand their knowledge: Gain a comprehensive understanding of TCM principles and best practices.

Are There Prerequisites?

To be eligible for the CCP exam, candidates must meet a combination of education and experience requirements set by AACE. This typically involves a bachelor's degree in a relevant field (engineering, construction, business) and experience in cost engineering or related disciplines. However, alternative pathways combining education and experience can also fulfill the eligibility criteria.

Roles and Responsibilities

With a CCP certification, you might qualify for roles such as:

  • Cost Engineer: Developing cost estimates, analyzing cost data, and supporting project cost control efforts.
  • Project Controls Analyst: Monitoring project budgets, identifying cost variances, and proposing corrective actions.
  • Cost Consultant: Providing expert advice on cost management practices to clients across various industries.

Exam Details 

  • Duration: 5 hours
  • Passing Score: 70%.

Course Outline 

The learning areas of the Certified Cost Professional (CCP) exam are:

  • Calculate the feasibility of an investment using various engineering economics tools and techniques.
  • Estimate and measure the progress and performance of a project.
  • Understand the role of effective project management and scheduling for successful project delivery.
  • Understand the basic definitions and terminologies used in the total cost management framework.

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