Free AACE AACE-CCP Exam Questions

Become AACE Certified with updated AACE-CCP exam questions and correct answers

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Total 100 Questions | Updated On: Apr 27, 2026

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Question 1

Given the project's status, how many hours have been earned if 6,573 hours have been spent and the project is 55% complete, against a planned 60%?

A : 7,200

B : 6,573

C : 6,960

D : 6,600

Answer: D

Question 2

What is the appropriate course of action for a contractor when experiencing an inexcusable delay?

A : The contractor has no right to ask for a time extension or additional cost.

B : The contractor should immediately issue a disruption claim.

C : The contractor should wait for the owner to propose a resolution.

D : The contractor should seek a time extension and financial compensation.

Answer: A

Question 3

What is the appropriate course of action for a contractor when experiencing an inexcusable delay?

A : The contractor has no right to ask for a time extension or additional cost.

B : The contractor should immediately issue a disruption claim.

C : The contractor should wait for the owner to propose a resolution.

D : The contractor should seek a time extension and financial compensation.

Answer: A

Question 4

Which project site would be the first choice for a corporation?

A : Site B: New country - Low tax rate - Moderate productivity - Moderate wages - New market -Government faces economic problems

B : Site A: Adjoining an existing site - High tax rate - Moderate productivity - Low wages - Stable government

C : Site C: Adjoining an existing site - High tax rate - Moderate productivity - Moderate wages - New government

D : Site D: Located in an existing industrial park - Moderate productivity -High wages - Stable government (military involved)

Answer: B

Question 5

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.Select the statement that best describes the meaning of the +/-notations associated with an estimate. The actual cost is expected:

A : To fall within the percentage range stated

B : To be exactly the percentages stated

C : To be higher or lower that the percentages stated

D : To be outside the percentages stated

Answer: A

Page: 1 / 20

Total 100 Questions | Updated On: Apr 27, 2026

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