This AACE International CCP Certification Study Guide is designed to be a companion workbook to the Skills and Knowledge of Cost Engineering, 5th Edition (S&K 5). The information contained in S&K 5 represents the minimum general knowledge a cost engineering professional is expected to have. This study guide does not teach specifically to the CCP certification exam. Rather, the CCP Certification Study Guide is intended to assist you in your study and review of the overall topics contained in S&K 5 as one step toward successful certification. To successfully pass the exam, a candidate must know the basic principles, and how they apply to everyday work issues and not just parrot back example questions. Exam questions are often structured differently than the examples. Therefore, a full working understanding of the material and concepts is needed to pass. Actual exam questions may combine principles and problem solving procedures from several chapters. Some questions require multiple calculations to arrive at the final answer. Be prepared for a mixture of simple, multiple-choice questions, in addition to complex, compound-scenario questions. All AACE certification examinations are delivered through computer-based testing (CBT).