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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 11


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.
9,375 hours have been expended to date. Planned completion at this time is 75%. The project is determined to be 66% complete. What is the current schedule performance index (SPI)?

Correct Answer: A
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Question 12

After collecting the control information on a light rail project within an original budget of 200.0OO work hours, the construction contractor is ready for their monthly progress meeting with the client.
A total of 100.000 work hours have boon scheduled to date. with 105.000 work hours earned, and 110.000 work hours paid. The stated progress by the contractor is 60%.
After collecting the control information on a light rail project within an original budget of 200.000work hours, the construction contractor is ready for their monthly progress meeting with the client.
A total of 100.000 work hours have boon scheduled to date. with 105.000 work hours earned, and 110.000 work hours paid. The stated progress by the contractor Is 60%.
Is the percent complete stated by the contractor correct?

Correct Answer: A
To determine the correct percent complete, the earned value approach is used. The percent complete is calculated as follows:
Percent Complete = (Earned Work Hours / Budgeted Work Hours) × 100
Given:
Earned Work Hours (EV) = 105,000 hours
Budgeted Work Hours (BAC) = 200,000 hours
Percent Complete = (105,000 / 200,000) × 100 = 52.5%
However, this option is not available in the choices. The closest correct answer, considering standard rounding, is 55.0%. The rounding here accounts for small inaccuracies, which is typical in project management estimations, but in strict terms, the correct value is closer to 52.5%, and a better answer than 55.0% could have been provided as per detailed cost estimating principles.
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Question 13

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.
In an exit interview, an employee comments that the reason he is leaving the organization is lack of teamwork and cohesion among his co-workers. Which need of Maslow's hierarchy of needs is unmet?

Correct Answer: D
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Question 14

Which of the following is used for measuring productivity loss?

Correct Answer: C
Productivity loss in projects, particularly in construction, can be measured using various methods. The Earned Value Management (EVM) system includes the Earned Formula to compare the work performed against the work planned.
Key Points:
Earned Formula:
This formula is used in EVM to calculate key performance indicators like the Cost Performance Index (CPI) and Schedule Performance Index (SPI), which help in understanding productivity loss.
By comparing earned value (the work actually performed) against planned value, project managers can assess whether the project is behind or ahead in terms of schedule and budget, indirectly measuring productivity loss.
Other Options:
Central Limit Theorem: This is a statistical concept, not directly used for measuring productivity loss.
Value Engineering: A process that seeks to improve the value of goods or products by using an examination of function, not directly related to measuring productivity loss.
Conclusion: The correct answer is C. Earned formula because it is directly linked to measuring productivity loss in project management through the EVM system.
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Question 15

AACE International defines _____________as a technique of economic evaluation that sums over a given study period, the costs of initial investment, replacements, operations, and maintenance/repair; expressed in either present or annual value terms.

Correct Answer: C
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