How to use these
Don't just check whether you got the letter right — the CCP rewards reasoning, not recall, especially in scenario-style questions. For each one below, try to explain why the wrong options are wrong before reading the explanation. That habit is what separates candidates who plateau at 60% from those who clear 70%. Each question maps to a real domain from the CCP syllabus — knowing the weighting tells you where to focus.
Question 1 — Managing Project Costs (Domain 1)
A) CPI = 1.25 — under budget
B) CPI = 0.80 — over budget
C) CPI = 1.00 — on budget
D) CPI = 0.80 — under budget
Correct answer: B. CPI = EV ÷ AC = $800,000 ÷ $1,000,000 = 0.80. A CPI below 1.0 means you're spending more than the value of work performed — the project is over budget, not under. Option D gets the number right but the interpretation backwards — exactly the kind of trap the real exam sets, and exactly why memorising the formula isn't enough; you need the direction of the inequality cold.
Question 2 — Performance Measurement / Analysis (Domain 4)
A) SPI = 0.89 — the project is ahead of schedule
B) SPI = 1.13 — the project is behind schedule
C) SPI = 0.89 — the project is behind schedule
D) SPI cannot be calculated from this data
Correct answer: C. SPI = EV ÷ PV = $800,000 ÷ $900,000 = 0.89. Below 1.0 means less work has been completed than planned by this point — the project is behind schedule. Note this question deliberately reused the earlier scenario's numbers: on the real exam, several questions often draw from one scenario block, which is exactly why reading the full scenario once, carefully, saves time across multiple questions.
Question 3 — Risk Management Process (Domain 6)
A) EMV = $45,000 — included in contingency reserve
B) EMV = $150,000 — included in contingency reserve
C) EMV = $45,000 — included in management reserve
D) EMV = $50,000 — included in contingency reserve
Correct answer: A. EMV = probability × impact = 0.30 × $150,000 = $45,000. Identified, quantifiable risks like this feed the contingency reserve (owned by the project team); management reserve is held for unknown-unknowns and controlled at a higher level. Mixing these two up is one of the most common scoring losses in the risk domain.
Question 4 — Scheduling Process (Domain 5)
A) Float = 4 days — not on the critical path
B) Float = 0 days — on the critical path
C) Float = 8 days — not on the critical path
D) Float = 4 days — on the critical path
Correct answer: A. Total Float = LS − ES (or equivalently LF − EF) = 14 − 10 = 4 days. Any positive float means the activity is not on the critical path — only activities with zero float are critical. The CCP exam doesn't expect you to build networks from scratch, but it does expect fluent float and critical-path logic, since Domain 5 questions are compact and often exactly this format.
Question 5 — Interfacing with Other Disciplines (Domain 2)
A) $50,000 × (1.06)³
B) $50,000 ÷ (1.06)³ ≈ $41,981
C) $50,000 − (0.06 × 3 × 50,000)
D) $50,000 × 0.94³
Correct answer: B. Present value discounts a future sum back to today: PV = FV ÷ (1+r)ⁿ = $50,000 ÷ (1.06)³ ≈ $41,981. Option A performs the opposite operation (compounding forward, i.e. future value), a very common mix-up under time pressure. Engineering economics fundamentals like this sit inside Domain 2 and show up more often than most candidates expect — don't skip them because they feel like "finance," not "cost engineering."
Where to go from five questions to exam-ready
Five questions tell you your reasoning is sound; they can't tell you whether you have the stamina and timing discipline the real 5-hour, 120-question format demands. That only comes from full-length, timed simulation — the exact protocol is laid out in our CCP mock exam strategy guide, and three complete simulations are included in CCP Complete Self-Paced Preparation.
Frequently asked questions
Are these real AACE exam questions?+
How many practice questions should I do before the real exam?+
Which domains should practice questions focus on most?+
Do I need a calculator for questions like these?+
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Sources: AACE International CCP Candidate Handbook (rev. June 2026) and AACE's official CCP certification pages. CCP® is a registered mark of AACE International. More CCP articles →
