Free Practice AACE AACE-CEP Exam Questions 2025

Stay ahead with 100% Free Certified Estimating Professional (CEP) AACE-CEP Dumps Practice Questions

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Total 297 Questions | Updated On: Jun 06, 2025

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Question 1

Which of the following is not a direct cost?

A : Construction trailer footing

B : Process piping

C : Plant switchgear

D : Permanent building slab

Answer: A

Question 2

Which of the following is not an element of the cost of a project?

A : Freight

B : Material waste

C : Material

D : Esteem value

Answer: D

Question 3

A common explanation of differences between two estimates is:

A : The estimator has made a mistake

B : Different estimating software was used in preparation of the two estimates

C : The estimates were prepared at different points in time

D : A change has been made in the scope of the project

Answer: D

Question 4

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?

A : $3,400

B : $13,600

C : $11,200

D : $680

Answer: B

Question 5

A Basis of Estimate (BOE)...

A : Will not address any anomalies or other shortcomings of the estimate or scoping documents

B : Should not describe the accuracy of the estimate, leaving that up to the independent judgment of the stakeholders

C : Should not discuss drawbacks or shortcomings of the scoping documents in order to not antagonize their developer

D : Will describe the primary estimating methodology used in preparation of the estimate

Answer: D

Page: 1 / 60

Total 297 Questions | Updated On: Jun 06, 2025

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