A major theme park is expanding the existing facility over a five-year period. The design phase will be completed one year after the contract is awarded. Major engineering drawings will be finalized two years after the design contract is awarded and construction will begin three years after the award of the design contract. New, unique ride technology will be used and an estimate will need to be developed to identify these costs that have no historical data.
The following question requires your selection of CCC/CCE Scenario 26 (2.5.50.1.2) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.
What class of estimate is used for the preliminary design phase of a project?

• A. Class 4 - budget estimate with +30% / -15% accuracy
• B. Class 5 - order of magnitude estimate with +50% / -30% accuracy
• C. Class 2 - definitive estimate with +15%/-5% accuracy
• D. Class 1 - order of magnitude with +30% / -30% accuracy

A major theme park is expanding the existing facility over a five-year period. The design phase will be completed one year after the contract is awarded. Major engineering drawings will be finalized two years after the design contract is awarded and construction will begin three years after the award of the design contract. New, unique ride technology will be used and an estimate will need to be developed to identify these costs that have no historical data.
In an exit interview, an employee comments that the reason he is leaving the organization is lack of teamwork and cohesion among his co-workers. Which need of Maslow's hierarchy of needs is unmet?

• A. Primary needs
• B. Self-actualization needs
• C. Belongingness needs
• D. Esteem needs

As the leas cost engineer for the XYZ Services Company, you have been requested to provide pertinent for an equipment rental decision. The unit price of the food stuffs varies, but an average unit selling process has been determined to be $0.50 cents and the average unit acquisition cost is $0.40 cents.
The following revenue and expense relationships are predicted:

If XYZ considers S550 per month the minimum acceptable net income, the number of units that will have to be sold is:

• A. 40,000 units
• B. 60,000 units
• C. 65,500 units
• D. 50,000 units

A major theme park is expanding the existing facility over a five-year period. The design phase will be completed one year after the contract is awarded. Major engineering drawings will be finalized two years after the design contract is awarded and construction will begin three years after the award of the design contract. New, unique ride technology will be used and an estimate will need to be developed to identify these costs that have no historical data.
The following question requires your selection of CCC/CCE Scenario 26 (2.5.50.1.2) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.
Select the statement that best describes the method to estimate the cost of the new rides:

• A. Adjust known data from existing rides
• B. Break down the technology into components
• C. Use historical data from past projects
• D. Call vendors for quotes

The latest allowable end time minus the earliest allowable end time on a schedule activity is referred to as:

• A. Remaining duration
• B. Just-in-time scheduling
• C. Free float
• D. Total float