Course description

For over thirty years, certifications offered by the Association for Advancement of Cost Engineering (AACE) have been a mark of distinction, and more and more employers demand these certifications as an employment requirement. CCP is the most widely recognized certificate offered by AACE and covers the majority of topics related to project controls. It demonstrates you have met the highest professional standard available in the industry. 

Course Objectives:
The focus of this workshop is to prepare attendees for the CCP exam by reviewing subjects covered on the exam and working through various sample questions. In addition, participants will learn about the process of writing a technical paper, which is a prerequisite to sit the exam: selecting a topic, structuring a paper, and referencing sources. Individuals who want to obtain a general knowledge about project controls can also benefit from the workshop.

CCP Exam

Eligibility Requirements

  • 8 years industry related experience 
    or 
  • 4 years industry related experience + 4-year industry related college degree
  • 2,500 minimum word technical paper
  • Adherence to AACE's Canons of Ethics

 

Exam Structure

  • 5 hours maximum
  • 120 simple multiple choice and compound, scenario questions
  • Domains: Basic Skills & Knowledge (38), Economic Analysis (28), Project Management (27), and Cost Estimating & Control (27)
  • Closed Book – onscreen formula sheet(s) will be available for use
  • Any style, battery operated calculator permitted (not provided by the testing center)

Earning the Certification

  • An overall average score of 70% or higher is needed to pass the exam
  • The final exam result is arrived by averaging the score of all four domains:
    Ex: Domain 1: 69% (fail domain) + Domain 2: 70% (pass domain) + Domain 3: 65% (fail domain) + and Domain 4: 76% (pass domain) / 4 domains = average score of 70% (pass the exam)
  • CCP candidates must also separately receive a 70% or higher on the CCP technical paper

Recertification & Maintenance
CCP certification is valid for 3 years and must be recertified through the accumulation of 12 CEUs in at least two categories or reexamination.

Audience

  • Those who plan to write the CCP exam and want to minimize study time and speed up the learning process
  • Those who want to obtain a general knowledge on cost and project controls

Prerequisites

-

Course content

  • Section 1: Cost
    1.    Cost Elements
    2.    Pricing
    3.    Materials
    4.    Labor
    5.    Engineering
    6.    Equipment, Parts and Tools
    7.    Economic Costs
    8.    Activity-Based Cost Management
  • Section 2: Cost Estimating
    1.    Estimating
    2.    Process Product Manufacturing
    3.    Discrete Product Manufacturing
  • Section 3: Planning & Scheduling
    1.    Planning
    2.    Scheduling
  • Section 4: Progress & Cost Control
    1.    Progress Measurement and Earned Value
    2.    Earned Value for Variable Budgets
    3.    Tracking Cost and Schedule Performance
    4.    Performance and Productivity Management
  • Section 5: Project Management
    1.    Project Management Fundamentals
    2.    Project Organization Structure
    3.    Project Planning
    4.    Project Labor Cost Control
    5.    Leadership and Management of Project People
    6.    Quality Management
    7.    Value Analysis
    8.    Contracting for Capital Projects
    9.    Strategic Asset ManagementSection 6: Economic Analysis
    1.    Basic Engineering Economics
    2.    Applied Engineering Economics
  • Section 7: Statistics, Probability, & Risk
    1.    Statistics & Probability
    2.    Basic Concepts in Descriptive Statistics
    3.    Risk Management

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