The document outlines a 16-week self-study plan to prepare for the Certified Cost Professional (CCP) certificate examination. The plan is divided into four phases: Phase One focuses on gaining a holistic understanding of cost engineering concepts over 5 weeks. Phase Two involves preparing a technical paper over 4 weeks. Phase Three entails detailed study of each chapter and practice questions over 5 weeks. Phase Four is a 2-week period for summarizing and taking practice exams. The plan provides guidance on materials to study, estimated timelines, and notes on the exam format.
The document outlines a 16-week self-study plan to prepare for the Certified Cost Professional (CCP) certificate examination. The plan is divided into four phases: Phase One focuses on gaining a holistic understanding of cost engineering concepts over 5 weeks. Phase Two involves preparing a technical paper over 4 weeks. Phase Three entails detailed study of each chapter and practice questions over 5 weeks. Phase Four is a 2-week period for summarizing and taking practice exams. The plan provides guidance on materials to study, estimated timelines, and notes on the exam format.
Preparing for CCP certificate Examination will need around 4 months (16 Weeks). Preparation for the exam needs to subdivided into four phases, summarized and estimated as follows: o Phase One (Holistic View) – Five Weeks. o Phase Two (Technical Paper) – Four Weeks. o Phase Three (Detailed Studying) – Five Weeks. o Phase Four (Summarizing) – Two Weeks. Phase Duration Phase One Five Weeks W1 W2 W3 W4 W5 Phase Two Four Weeks W6 W7 W8 W9 Phase Three Five Weeks W 10 W 11 W 12 W 13 W 14 Phase Four Two Weeks W 15 W 16
Fig.1 – Study Plan Time Line
Detailed Study Plan: Phase One (Holistic View) – Five Weeks: o The first round is estimated to require five weeks and it is preferred to start with Certified Cost Professional Course by Eng. Mohamed Salama (Arabic Language) on Udemy and Skills and Knowledge of Cost Engineering Book by AACE, where after each chapter is completed by Eng. Mohamed Salama Course it is needed to read the same chapter from Skills and Knowledge of Cost Engineering Book by AACE. o Below table explains the detailed estimation for first round:
Chapter 1 Cost Elements
Chapter 2 Pricing & costing Chapter 3 Materials Chapter 4 Labor Section One - Cost Week 1 Chapter 5 Engineering Role & Project Success Chapter 6 Machinery, Equipment & Tools Chapter 7 Economics Costs Chapter 8 Activity Based Cost Management Chapter 9 Cost Estimating Section Two - Cost Chapter 10 Process Product Manufacturing Week 2 Estimating Chapter 11 Discrete Part Manufacturing Section Three - Planning Chapter 12 Project Planning and Scheduling Chapter 13 Scheduling Week 3 Section Four - Progress Chapter 14 Earned Value Overview and Cost Control Chapter 15 Performance & Productivity Management Section Five - Project Chapter 16 Project Management Fundamentals Week 4 Management Chapter 17 Project Organization Structure CCP Self Study Plan Summary
Chapter 18 Project Communication
Chapter 19 Project Labor Cost Control Chapter 20 Leadership & Management of Project People Chapter 21 Quality Management Chapter 22 Value Engineering Chapter 23 Contracting for Capital Projects Chapter 24 Strategic Asset Management Chapter 25 Change Management Practical Guide Chapter 26 Overview of Construction Claims & Disputes Chapter 27 Financial & Cash Flow Analysis Practical Corporate Investment Decision-making Chapter 28 Guide Section Six - Economics Chapter 29 Statistics & Probability analysis, Statistics, Chapter 30 Optimization Week 5 Probability and Risk Chapter 31 Risk Management Fundamentals Chapter 32 Risk Management Practical Guide Chapter 33 Total Cost Management Overview Chapter 34 The International System of Units (SI)
Phase Two (Technical Paper) – Four Weeks.
o It is preferred when preparing the Technical Paper that the candidate had the Holistic View of the Skills and Knowledge of Cost Engineering Book by AACE (Phase 1) which will help to choose the suitable subject depending on the candidate’s job tittle with relative to cost management.
Phase Three (Detailed Studying) – Five Weeks:
o At this phase, candidate needs to read each chapter from the Skills and Knowledge of Cost Engineering Book by AACE, to solve each related chapter questions from CCP Study Guide, and to take notes per chapter, with consideration of CCP preparation Course by Eng. Moustafa Ismail and CCP Course by Eng. AL Saadany for any unclear points.
Phase Four (Summarizing) – Two Weeks:
o At this final phase candidate should have been covered around 80%, then s/he shall determine the examination date, and shall solve all CCP Study guide questions including the sample exam questions, which is more than enough. Notes: Material needed for preparation: o Skills and Knowledge of Cost Engineering by AACE. o CCP Study Guide by AACE. CCP Self Study Plan Summary
o Certified Cost Professional Course by Eng. Mohamed Salama (Arabic Language) on
Udemy. Course Link: https://www.udemy.com/course/certified-cost-professional-ccp/ o CCP Course by Eng. Moustafa Ismail. o CCP Course by Eng. AL Saadany. Technical paper will require around 4 weeks for preparation depending on the productivity rate. The Exam consists of 120 Questions only and the time is more than enough. Passing the exam requires 70% correct percentage out of total questions. CCP Study Guide questions covers most of the possible questions and there is no need for out sources questions. Thank you, and Good Luck for All.
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