CEP Test 2025/2026 Exam Questions and
Correct Answers | New Update
account code structure - 🧠ANSWER ✔✔System useef to assign number to
elements of the work brekdown and account number to individual work
packages
Account number - 🧠ANSWER ✔✔An alphanumeric identification of a work
package
Activity - 🧠ANSWER ✔✔An operation or process consuming time and and
possibility resources. An activity is an element of work that must be
performed in order to complete a project.
Acts of god - 🧠ANSWER ✔✔An extraordinary interruption by a natural
cause as a flood or earthquake. An event in nature over which neither the
owner nor the contractor has control.
Actual costs - 🧠ANSWER ✔✔The actual expenditures incurred by a
program or a project.
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
1
STATEMENT. ALL RIGHTS RESERVED
,Addenda - 🧠ANSWER ✔✔Written or graphic instruments issued prior to the
opening of Bids which modify the bidding documents by addition, deletion,
clarification or corrections
Allowances - 🧠ANSWER ✔✔Resources included in estimates to cover the
cost of known but undefined requirements for a specific activity.
Amendement - 🧠ANSWER ✔✔A subsequent agreement after the contract
is signed that modifies it.
Annually recurring costs - 🧠ANSWER ✔✔Those costs that are incurred in a
regular pattern each year
Authorized work - 🧠ANSWER ✔✔Work that has been authorized by the
client where the scope may or may not be well defined at the time of
authorization
Backcharge - 🧠ANSWER ✔✔Faulty work by the contractor which cost is
deducted from the amount owed to the contractor.
Backup - 🧠ANSWER ✔✔Supporting documentation for estimate that
includes calculation, description of data and supporting documentation of
data.
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
2
STATEMENT. ALL RIGHTS RESERVED
,Base period - 🧠ANSWER ✔✔Period for which an index is defined as 100 or
1
Base point for escalation - 🧠ANSWER ✔✔Is the cos index used to calculate
escalation as the basis
Baseline - 🧠ANSWER ✔✔In project control, the reference plans in which
cost, schedule, scope and other project performance criteria are
documented and against which performance measures are assessed.
Basis - 🧠ANSWER ✔✔Documentation that describes how and estimate,
schedule or other plan component was developed and defined the
information used in support of the development.
Battery limit - 🧠ANSWER ✔✔Geographical boundaries imaginary or real
that a plant or unit is located at being engineered or erected.
Benchmarking - 🧠ANSWER ✔✔Measurement or analysis process that
compares processes, practices and relevant to a selected basis to improve
performance.
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
3
STATEMENT. ALL RIGHTS RESERVED
, Beneficial occupancy - 🧠ANSWER ✔✔Building is used by owner for its
intended purposes, although other contract work nonessential to the
function of the ocupéis section remains to be completed.
Bid - 🧠ANSWER ✔✔To submit a price for a service either verbal or written,
for doing work and supplying material and equipment.
Bidder - 🧠ANSWER ✔✔Individual, corporation or partnership that submits a
bid directly to the owner.
Bid shopping - 🧠ANSWER ✔✔Prime contractor goes around to shop for
quotes from other subcontractors and suppliers trying to make them
underbid the original subcontractor's proposal.
Bidding Documents - 🧠ANSWER ✔✔The invitation to bid, instructions to
bidders, bid form, and the contract documents including addenda
Bidding requirements - 🧠ANSWER ✔✔invitation to bid, pre-qualification
forms, instruction to bidders, additional information available, bid forms
Bonds - 🧠ANSWER ✔✔Instruments of security furnished by the contractor
and surety in accordance with the contract. Payment bond, performance
bond and those instruments of security required in the contract documents.
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
4
STATEMENT. ALL RIGHTS RESERVED
Correct Answers | New Update
account code structure - 🧠ANSWER ✔✔System useef to assign number to
elements of the work brekdown and account number to individual work
packages
Account number - 🧠ANSWER ✔✔An alphanumeric identification of a work
package
Activity - 🧠ANSWER ✔✔An operation or process consuming time and and
possibility resources. An activity is an element of work that must be
performed in order to complete a project.
Acts of god - 🧠ANSWER ✔✔An extraordinary interruption by a natural
cause as a flood or earthquake. An event in nature over which neither the
owner nor the contractor has control.
Actual costs - 🧠ANSWER ✔✔The actual expenditures incurred by a
program or a project.
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
1
STATEMENT. ALL RIGHTS RESERVED
,Addenda - 🧠ANSWER ✔✔Written or graphic instruments issued prior to the
opening of Bids which modify the bidding documents by addition, deletion,
clarification or corrections
Allowances - 🧠ANSWER ✔✔Resources included in estimates to cover the
cost of known but undefined requirements for a specific activity.
Amendement - 🧠ANSWER ✔✔A subsequent agreement after the contract
is signed that modifies it.
Annually recurring costs - 🧠ANSWER ✔✔Those costs that are incurred in a
regular pattern each year
Authorized work - 🧠ANSWER ✔✔Work that has been authorized by the
client where the scope may or may not be well defined at the time of
authorization
Backcharge - 🧠ANSWER ✔✔Faulty work by the contractor which cost is
deducted from the amount owed to the contractor.
Backup - 🧠ANSWER ✔✔Supporting documentation for estimate that
includes calculation, description of data and supporting documentation of
data.
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
2
STATEMENT. ALL RIGHTS RESERVED
,Base period - 🧠ANSWER ✔✔Period for which an index is defined as 100 or
1
Base point for escalation - 🧠ANSWER ✔✔Is the cos index used to calculate
escalation as the basis
Baseline - 🧠ANSWER ✔✔In project control, the reference plans in which
cost, schedule, scope and other project performance criteria are
documented and against which performance measures are assessed.
Basis - 🧠ANSWER ✔✔Documentation that describes how and estimate,
schedule or other plan component was developed and defined the
information used in support of the development.
Battery limit - 🧠ANSWER ✔✔Geographical boundaries imaginary or real
that a plant or unit is located at being engineered or erected.
Benchmarking - 🧠ANSWER ✔✔Measurement or analysis process that
compares processes, practices and relevant to a selected basis to improve
performance.
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
3
STATEMENT. ALL RIGHTS RESERVED
, Beneficial occupancy - 🧠ANSWER ✔✔Building is used by owner for its
intended purposes, although other contract work nonessential to the
function of the ocupéis section remains to be completed.
Bid - 🧠ANSWER ✔✔To submit a price for a service either verbal or written,
for doing work and supplying material and equipment.
Bidder - 🧠ANSWER ✔✔Individual, corporation or partnership that submits a
bid directly to the owner.
Bid shopping - 🧠ANSWER ✔✔Prime contractor goes around to shop for
quotes from other subcontractors and suppliers trying to make them
underbid the original subcontractor's proposal.
Bidding Documents - 🧠ANSWER ✔✔The invitation to bid, instructions to
bidders, bid form, and the contract documents including addenda
Bidding requirements - 🧠ANSWER ✔✔invitation to bid, pre-qualification
forms, instruction to bidders, additional information available, bid forms
Bonds - 🧠ANSWER ✔✔Instruments of security furnished by the contractor
and surety in accordance with the contract. Payment bond, performance
bond and those instruments of security required in the contract documents.
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
4
STATEMENT. ALL RIGHTS RESERVED
