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  1. Home
  2. AACE International Certification
  3. CCP Exam
  4. AACEInternational.CCP.v2025-03-10.q100 Dumps
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Question 86

______________can be defined as the determination of that course of action or combination of alternatives that yields either the lowest cost or the highest profit.

Correct Answer: A
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Question 87

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.
What is the relative frequency of unit costs from Atlanta, GA?

Correct Answer: B
You need to find the relative frequency of unit costs from Atlanta, GA.
Steps:
Identify the number of bids from Atlanta, GA:
8/31/05: 530 units at $55.00/unit
11/19/04: 308 units at $40.00/unit
1/26/05: 45 units at $26.78/unit
Total number of instances: 3
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Question 88

Which of the following is a disadvantage to using target contract as a method of contracting?

Correct Answer: B
A target contract is a form of contract where both the owner and contractor agree on a target cost, and both parties share any cost savings or overruns. This contract type encourages efficiency but has some drawbacks.
Key Points:
Disadvantages of Target Contracts:
No Competitive Bidding for Targets: The target cost is typically negotiated rather than competitively bid, which could lead to less competitive pricing.
Other Points: While target contracts encourage timely and economical completion and allow for early start and flexibility, the lack of competitive bidding for the targets can be a significant disadvantage.
Conclusion: The correct answer is B. No opportunity to competitively bid the targets because this is a specific disadvantage associated with target contracts.
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Question 89

The following question requires your selection of CCC/CCE Scenario 28 (3.7.50.1.7) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.
In the A relationship, the subcontractor might use an unbalance bid to:

Correct Answer: A
Given Scenario:
The question is asking what a subcontractor might achieve by using an unbalanced bid in the structure shown as Plan A.
An unbalanced bid is a bidding strategy where the subcontractor assigns higher costs to early stages of work. This allows the subcontractor to receive more money early in the project, reducing their financial risk and providing better cash flow.
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Question 90

A schedule's late dates are calculated during the:

Correct Answer: B
The backward pass is a technique used in project scheduling to calculate the latest possible start and finish dates for each activity without delaying the project. It starts from the project's end date and works backward through the network diagram. This calculation helps identify the critical path and determine the amount of float (slack) available for non-critical activities.
Option A: Loop calculations refer to iterative processes within network diagrams but do not specifically relate to late date calculations.
Option C: Forward pass calculates the earliest possible start and finish dates for activities.
Option D: Float is the amount of time that a task can be delayed without affecting the project's end date, not a calculation method.
Therefore, B. Backward pass is the correct answer as it is used to determine a schedule's late dates.
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