[Nov 18, 2022] Get New CCP Certification Practice Test Questions Exam Dumps
Real CCP Exam Dumps Questions Valid CCP Dumps PDF
NEW QUESTION 47 
The following question requires your selection of CCC/CCE Scenario 4 (2.7.50.1.1) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.
At the end of 30 months, copper prices will have increased by what percentage over today's price?
- A. 2.5%
- B. 3.5%
- C. 6.6%
- D. 4.6%
Answer: A
NEW QUESTION 48
The process of stating goals and determining the most effective way of reaching them is the definition for:
- A. Planning
- B. Managing
- C. Implementing
- D. Mission Statement
Answer: A
NEW QUESTION 49
Meetings require:
- A. Goals, an agenda, flipchart, computer projector, laser pointer and consulting with others where appropriate
- B. Goals, an agenda, preparation, control, good listening skills and relevant discussions
- C. Goals, an agenda, preparation, conclusions, control and conversations that are relevant
- D. Goals, an agenda, preparation, relevant discussions, support for your actions and to consider the total physical and human setting of the meeting
Answer: C
NEW QUESTION 50
If you deposit $100 per month for two (2) years and earn interest at 12% APR (Annual Percentage Rate) compounded monthly, how much will you have at the end of the period?
- A. $2,688
- B. $2,976
- C. $2,424
- D. $2,697
Answer: C
NEW QUESTION 51 
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)?
- A. 1.14
- B. 0.88
- C. 0.84
- D. 0.96
Answer: A
NEW QUESTION 52 
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 amounting to $55.00/unit?
- A. 338.5
- B. 0
- C. 22.22%
- D. $55.00
Answer: C
NEW QUESTION 53
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 you are scheduled for a $100,000 payment at the end of each year for the next five years, what is the equivalent amount if you were to make a lump sum payment now?
- A. $379,100
- B. $162,370
- C. $500,000
- D. $679,397
Answer: C
NEW QUESTION 54
Which of the following is NOT an aspect of quality management?
- A. Quality control
- B. Quality checking
- C. Quality planning
- D. Quality assurance
Answer: B
NEW QUESTION 55
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 $10,000 is scheduled to be paid out 5 years from now, what is the minimum amount we can invest today?
- A. $3,855
- B. $3,791
- C. $6,209
- D. $8,129
Answer: C
NEW QUESTION 56
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.
Which of the following is least likely to improve a large earthmoving contractor's productivity?
- A. Remove underground hazards prior to excavation work
- B. Replacing old excavators with new, larger excavators
- C. Starting summer work in the early morning hours to minimize work during peak heat periods of the day
- D. Using apprentice operators to save labor costs
Answer: C
NEW QUESTION 57
An agricultural corporation that paid 53% in income tax wanted to build a grain elevator designed to last twenty-five (25) years at a cost of $80,000 with no salvage value. Annual income generated would be $22,500 and annual expenditures were to be $12,000.
Answer the question using a straight line depreciation and a 10% interest rate.
Which of the following would NOT be considered part of a project cost and schedule forecast?
- A. Current trends of time and money
- B. Peripherals report
- C. Changes to the project execution plan
- D. Usage of contingency
Answer: B
NEW QUESTION 58
What is a basic element of work or a task that must be performed over a given period of time in order to complete a project called?
- A. Activity
- B. Commodity
- C. Resource
- D. WBS element
Answer: A
NEW QUESTION 59 
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 were planned?
- A. 10,586
- B. 9,280
- C. 9,559
- D. 10,278
Answer: A
NEW QUESTION 60 
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.
If the owner in B has as his primary goal to get the project completed and on line as fast as possible, then he would most likely use the ______________type of contract.
- A. Cost plus
- B. Lump sum
- C. Lump sum + incentive
- D. Unit Rate
Answer: C
NEW QUESTION 61
A work breakdown structure (WBS) is developed because:
- A. It can be illustrated by individual bars for major phases, such as permitting, funding, engineering, procurement construction, commission/startup
- B. It defines specific tasks within a project from which schedules can be developed; it aids in linking activities with resources; it facilitates communication; and it allows integration of project plans
- C. It can be illustrated by a simple bar, with important milestones represented by symbols at the planned time of occurrence
- D. It avoids omissions of key product activities through a systematic planning process; removes the complexity of the project by dividing it into manageable units; and provides a framework.
Answer: B
NEW QUESTION 62 
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. 7,200
- B. 6,600
- C. 6,960
- D. 6,573
Answer: D
NEW QUESTION 63
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 recognition of loss of value of a natural resource used in the production process is referred to as:
- A. Capital reduction
- B. Depreciation
- C. Depletion
- D. Net loss
Answer: C
NEW QUESTION 64
A contract clause that provides the owner with the right to terminate the contract irrespective of the general contractor's liability is:
- A. Termination of contract - convenience
- B. Termination of contract - default
- C. Breach of contract
- D. Substantial completion
Answer: A
NEW QUESTION 65
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.
A contractor must purchase a piece of equipment for $150,000. It has an estimated life of 10 years with no salvage value at the end. Ten years from now it will be necessary to purchase another piece of equipment, but this time it will cost $250,000. How much will the contractor need to invest at the end of each year in order to have the right amount?
- A. $16,273
- B. $12,550
- C. $15,687
- D. $9,412
Answer: A
NEW QUESTION 66
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.
According to Maslow's hierarchy of needs, giving the employees an award that acknowledges their achievements is most likely to satisfy which level of need?
- A. Belonging needs
- B. Self-actualization
- C. Safety needs
- D. Power needs
Answer: B
NEW QUESTION 67
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