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Exam Code: AACE-CEP
Exam Questions: 297
Certified Estimating Professional (CEP)
Updated: 24 Sep, 2026
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Practicing : 1 - 5 of 297 Questions
Question 1

An information-gathering technique that is not used in risk identification is:

Options :
Answer: A

Question 2

A cost that represents funds already spent by virtue of past decisions is:

Options :
Answer: D

Question 3

If one (1) meter is equal to 3.28 feet, how many cubic meters of concrete, rounded to the nearest cubic meter, are required to pour a foundation that is 15 feet long by 10 feet wide by 6 feet thick, disregarding waste?

Options :
Answer: D

Question 4

A budget estimate is typically but not always a Class-----estimate.

Options :
Answer: D

Question 5

The Budgeted Cost of Work Performed is equal to the product of budget for the account and what other multiplier?

Options :
Answer: C

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