AACE CCP study plan

Classify estimating methodologies (parametric, analogous, bottom-up, three-point) and record in a comparison table when each is appropriate and what inputs it requires.

Map AACE estimate classes 5 through 1 to their expected accuracy ranges, design maturity, and typical contingency allowances.

Compute three-point (PERT) weighted averages, expected value, and standard-deviation-based ranges across 15 numeric drills.

Draft a personal error log that records every missed question to date with its root cause (concept gap, formula slip, misread, or unit error).

Convert a sample work breakdown structure into a cost-loaded estimate and reconcile the rolled-up totals against the estimate summary.

Explain how estimate class, contingency, and management reserve interact, and calculate contingency using both percentage and expected-value approaches.

Build a network diagram from a 15-activity list with logic ties and identify the critical path by inspection and by calculation.

Calculate total float and free float for every activity in that same network.

Differentiate schedule formats (bar chart, CPM, PERT, linear/LOB) and select the appropriate one for four written scenario prompts.

Perform forward and backward passes on a 25-activity network under both date constraints and imposed finish-date constraints.

Apply crashing and fast-tracking to a compressed schedule and compute the cost slope tradeoff for each candidate activity.

Detect schedule logic errors, dangling activities, improper lags, and constraint misuse in three deliberately flawed networks.

Distinguish duration estimating from resource loading, and demonstrate resource leveling effects on a small schedule.

Define PV, EV, AC, BAC, and status date, then compute SV, CV, SPI, and CPI for six data sets.

Interpret CPI and SPI combinations and prescribe a corrective action for each of eight scenario descriptions.

Consolidate all formulas used in Domains 1 through 3 into a single reference sheet written from memory first, then verified.

Compute EAC, ETC, VAC, and TCPI using all four standard EAC formulas, and justify when each formula applies.

Build an earned value tracking sheet with 10 line items and status it at two reporting dates with realistic earned-value techniques.

Forecast final cost and completion date for three case scenarios and write a short variance narrative for each.

Compare progress measurement methods (units completed, incremental milestones, percent complete, weighted milestones) and select the right one for five work types.

Compare functional, matrix, and projectized structures and describe how each shifts estimating, scheduling, and cost-control authority.

Sequence project life-cycle phases and map the decision gate and deliverable expected at the close of each phase.

Apply the risk management process to identify, analyze qualitatively and quantitatively, and plan responses for a sample project.

Differentiate the project manager's stakeholder, communication, team-building, and conflict-resolution responsibilities using written scenarios.

Compute present value, future value, NPV, IRR, and payback period for competing capital alternatives.

Perform break-even, benefit-cost ratio, and lease-versus-buy analyses on three worked cases.

Apply straight-line, declining-balance, and accelerated depreciation conventions and trace their effect on after-tax cash flow.

Evaluate contract and procurement types and rank them by how cost risk is allocated between buyer and seller.

Retake every domain quiz and close each outstanding item in the error log until the log is empty.

Complete two full-length timed mock exams under exam-day conditions with no reference material.

Drill all formulas and estimate-class tables to unaided recall in three rapid-fire review passes.

Rehearse pacing by answering 1.5 minutes per question and reviewing flagged items in a planned final pass.