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Preparation Guide for AACE-International CCP: Certified Cost Professional (CCP) Exam
Introduction
AACE International, the Association for Cost Engineering Advancement, administers the Certified Cost Professional (CCP) exam. In 1959, cost estimators and cost engineers established AACE International during the organizational conference of the American Association of Cost Engineering in Durham, New Hampshire, in 1956. (Association for the Advancement of Cost Engineering). AACE is located in Morgantown, West Virginia, USA, International Headquarters. AACE is a non-profit specialist organization. AACE Global is a participant of the Technical Specialty Boards and Engineering Council (CESB). AACE now runs eight qualification programs. The agreement and the passage of an assessment to comply with the ethical canons. Most of them need prior industrial experience and may recertify through ongoing training or re-examination. The Council of Engineering and Scientific Specialty Boards has recognized six of these certificates (CESB).
This test guide is designed to help achieve the highest possible degree of AACE specialty accreditation. It will enable you to understand the scope of the AACE-International CCP: Certified Cost Professional (CCP) Exam and help you to prepare for it successfully by making use of the provided CCP exam dumps. This guide contains information on the audience of the certification test, suggested preparation and documentation and a complete set of examination objectives, to help you get a passing score. To increase your chances of passing the test, AACE strongly recommends a mix of on-the-job experience, course attendance, and self-study, and taking the CCP practice exams.
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Certified Cost Professional (CCP) Examination comprises solely of the AACE-International CCP: Certified Cost Professional Examination (CCP). Certified Cost Professional Examination (CCP). The candidates must meet the qualifying requirements for a minimum of eight years of industry experience or four years of industry experience and four years of associated academic degree. Those who have certification as a Certified Cost Professional (CCP) must recertification each Three years after the date on which they were first certified. Certification holders must have at least 15 recertification units during a 3-year period to be eligible for recertification. The studying guide, AACE's Suggested Approaches, AACE's Fundamentals & Understanding of Cost Engineering and AACE's Total Cost Managing Framework will be given in CCP exam dumps. You will also be provided with unique documents from our certified professionals.
The emphasis is on fundamental statistical, economic and financial understanding. In order to assess the differences between two or more alternative actions, you will be given with the necessary components to comprehend economic cost, such as inflation, depreciation, escalation, governmental cost effects, etc. You will also concentrate on systems engineering and get acquainted with methods that help solve major engineering issues. You will also learn how statistical data and probability may help you to examine data to make conclusions. The material of the course will be shown through practical examples. Several activities and tests are provided in order to put your newly learned information into practice straightaway. CCP exam dumps include all this preparation material.
| Section | Objectives |
|---|---|
| Topic 1: Risk and Uncertainty Management | - Contingency and mitigation planning - Risk identification and analysis |
| Topic 2: Planning and Scheduling | - Work breakdown structure (WBS) - Critical path method (CPM) |
| Topic 3: Cost Estimating | - Conceptual and detailed estimating - Estimate classification and accuracy |
| Topic 4: Project Management Integration | - Project execution and control processes - Contract and procurement considerations |
| Topic 5: Project Control and Performance Measurement | - Earned value management (EVM) - Performance measurement and forecasting |
| Topic 6: Cost Engineering Foundations | - Project cost management fundamentals - Cost engineering principles |
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