Free AACE AACE-CEP Exam Questions
Absolute Free AACE-CEP Exam Practice for Comprehensive Preparation
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AACE AACE-CEP Exam Questions
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Provided By: AACE
- Exam: Certified Estimating Professional (CEP)
- Certification: AACE Certified Professional
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Total Questions: 297
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Updated On: Sep 23, 2026
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Rated: 4.9 |
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Online Users: 594
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Question 1
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A budget estimate is typically but not always a Class-----estimate.
Answer: D
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A budget estimate is typically but not always a Class-----estimate.
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Question 2
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The all‐in labor cost of a welder (excluding a welding machine) is $60 per hour. The welding machine rental cost is $220 per hour. A welding crew is comprised of two (2) welders and one (1) welding machine. Assume each weld takes two (2) crew hours to complete. What is the cost of completing 20 welds?
Answer: B
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The all‐in labor cost of a welder (excluding a welding machine) is $60 per hour. The welding machine rental cost is $220 per hour. A welding crew is comprised of two (2) welders and one (1) welding machine. Assume each weld takes two (2) crew hours to complete. What is the cost of completing 20 welds?
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Question 3
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With respect to Risk Assessment Analysis, identify a false statement from below:
Answer: C
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With respect to Risk Assessment Analysis, identify a false statement from below:
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Question 4
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Cost variance greater than 20% is an example of a:
Answer: D
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Cost variance greater than 20% is an example of a:
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Question 5
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Which of the following is not an element of the cost of a project?
Answer: D
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Which of the following is not an element of the cost of a project?