Test Full Name: Certified Cost Consultant /Certified Cost Engineer
Test Provider: Admission Tests
Cost management and profit increment are two aims of any business organization. In United States if you want to prove that you are well enough to handle the cost management and increase profit in certain fields then you will have to provide them with your CCE-CCC (Certified Cost Consultant /Certified Cost Engineer) certification. With this certification, your employers will know that you will be able to handle the cost management sector of the organization. This certification will distinguish you from your other competitors as someone who has the professional credential to understand the bottom line of the organization and manage all the costs and profits as well.
This exam is more important to people of certain field whereas it might not be that much important to people of certain field. For example: If a doctor comes to take the CCE-CCC training and exam, then he most probably won't benefit at all from this exam. But, the people who work as cost control managers, business administrators, project managers, accountants, quantity surveyors, planners and estimators will benefit a lot from this certification. Besides these people any people who work in the field that is related to cost and planning, optimization of resources, finance, cost control and scheduling should also try to get this certification. These people will surely benefit a lot from this certification because it will provide them with a certain edge. It will also be good for their future career as well.
Before you sit for this course, you will have to fulfill certain criterions. Without fulfilling these criterions, you won't be able to get the certification. The first thing that you must have is 4 year undergraduate degree from the related field. The fields that you must have done your undergraduate in are building construction, accounting, mathematics, architecture, economics, business, engineering, computer science, construction management, construction technology and so on. If anyone who has gotten a degree in these related fields then they are eligible for the certification. Then you must have 4 year working experience. Of course, the working experience will also have to be in the related field. You will also have to present your high school diploma or you will have to present the 8 years experience diploma. Any of these two diplomas will work just fine.
The CCE/CCC exam is divided into two parts. The first part will contain some multiple choice questions whereas the second party will contain a technical paper of 2500 words. You will have to achieve at least 70% in the whole exam if you want to get the certification.
The questions that are asked in multiple choice questions cover these topics: Cost Estimating and control, economic analysis, basic cost engineering skills & knowledge and project management. There is no certain declaration about how many questions will be asked from a certain topic. But, it is well known that most of the questions will be numerical problem based questions. So, you will have to be well prepared regarding statistics, breakeven analysis, earned value management, time value of money, critical path method, depreciation and economic analysis. You will be asked around 120 questions and total time allocated for this exam is 5 hours. You can bring your own calculator and you will have to answer all the questions. This is CBT based exam.
The topic for the technical paper will be assigned to you by the Board of Certification. It will most probably be something that you know or are familiar with. The main aim of this paper is to test how well you can communicate through your paper. You should read the Certification Paper requirements guide before you start writing your technical paper.
If you are an AACE international member then you will have to pay $500 as your exam fee. If you are not an AACE international member then you will have to pay $625.
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