Free CCP Practice Test Questions 2026

A systematic coding structure for organizing and managing scope, assets, cost, resources, work and schedule activity information is a______________.

A. Cost breakdown structure

B. Code of accounts

C. Cost estimate classification

D. Schedule identification number

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 question requires your selection of CCC/CCE Scenario 26(2.5.50.1.2) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses. Select the statement that best describes the meaning of the +/-notations associated with an estimate. The actual cost is expected:

A. To be exactly the percentages stated

B. To fall within the percentage range stated

C. To be higher or lower that the percentages stated

D. To be outside the percentages stated

The following question requires your selection of CCC/CCE Scenario 6 (2.7.50.1.3) from the right side of your split screen., using the drop down menu, to reference during your response/choice of responses. Calculate the weighted average unit cost.

A. $46.13

B. $47.63

C. $48.35

D. $48.09

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. A cyclical process model was chosen as the basis for total cost management (TCM) because:

A. It is one of the basic tenets of quality improvement

B. Refinement is needed to prepare the estimate at completion (EAC)

C. Strategic assets and projects have inherent life cycles

D. It facilitates development of budgets and schedules

Money is value. Having money when you need it is very important. Money can also be valuable when used wisely by knowing when to spend and when to conserve Also, planning now for future expenses can be a plus to the company rather than a debit.
There are several ways to capitalize money and spending. Basically there is the single payment method that has a compound amount factor and a present worth factor. There is the uniform annual series that has a sinking fund factor, capital recovery factor and also the compound amount factor and present worth factor. At this point, we can assure money is worth 10%.
The following question requires your selection of CCC/CCE Scenario 7 (4.8.50.1.1) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.
If $20,000 is invested at the end of each fiscal year for the next 10 years, how much would our total investment be worth assuming the interest is at 10%?

A. $289,370

B. $318,740

C. $265,798

D. $420,236

The following question requires your selection of CCC/CCE Scenario 2 (2.3.50.1.2) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.
10,278 hours have been expended to date. The CPI at this point in time is 0.93. SPI is 1.03. How many hours have been earned?

A. 9,979

B. 10,586

C. 11,052

D. 9,559

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 latest allowable end time minus the earliest allowable end time on a schedule activity is referred to as:

A. Activity total slack

B. Remaining duration

C. Just-in-time" scheduling

D. Free float

The following question requires your selection of CCC/CCE Scenario 2 (2.3.50.1.2) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses. 6,573 hours have been expended to date. Planned completion at this time is 60%. The project is determined to be 55% complete. How many hours have been earned?

A. 6,600

B. 6,960

C. 7,200

D. 6,573

Listening to what is being said by all members of a group or audience and then summarizing or interpreting is called______________.

A. Directive listening

B. Non-listening

C. Visual listening

D. Facilitative listening

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%. All of the following are characteristics of standard normal distribution, except:

A. means and median are not equal

B. about 68% of its value is within one standard deviation

C. the total area underneath the curve is 1

D. the curve shape is symmetrical

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%. Based on the information provided, which statement is most correct?

A. The truck should be leased

B. The truck should be purchased

C. The truck should not be leased

D. The truck should not be purchased

An owner advertised his villa for sale. An investor worked out an estimate on the basis mat the villa could be rented out for $1000 per month. Maintenance charges and other taxes are estimated to be $1,500 per year. The tenant has to pay all utility charges. The investor thinks that he can sell this villa for S100.000 alter 6 years. Assuming that the minimum acceptable rate of return is 12%. answer the following question. The villa could be recommended for purchase at all of the below-mentioned prices except:

A. $94,500

B. $92.800

C. $90,5000

D. $93,500