AACE-PSP Questions - Truly Beneficial For Your AACE International Exam (Updated 120 Questions) [Q18-Q39]

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AACE-PSP Questions - Truly Beneficial For Your AACE International Exam (Updated 120 Questions)

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The PSP certification exam is a rigorous and comprehensive test that covers a wide range of topics related to project planning and scheduling. AACE-PSP exam is designed to evaluate the candidate's ability to apply industry-standard techniques and best practices in the planning and scheduling of projects. AACE-PSP exam covers topics such as project planning, scheduling, progress monitoring, and analysis, as well as cost and risk analysis.


AACE International AACE-PSP (Planning & Scheduling Professional) Certification Exam is a widely recognized certification program for professionals in the field of project planning and scheduling. Planning & Scheduling Professional (PSP) Exam certification is designed to validate the skills and knowledge of individuals who work in planning and scheduling functions in various industries such as construction, engineering, and manufacturing. The AACE-PSP certification is highly regarded in the industry and is a valuable asset for professionals seeking career advancement.

 

NEW QUESTION # 18
Project schedules help control all of the following EXCEPT for_____________________.

  • A. Quality
  • B. Cost
  • C. Time
  • D. Resources

Answer: A


NEW QUESTION # 19
How much Total Float does drafting the product manual have?

  • A. 15 workdays.
  • B. 5 workdays.
  • C. 10 workdays.
  • D. 0 workdays.

Answer: C


NEW QUESTION # 20
What is the workweek period for this project?

  • A. Monday through Saturday
  • B. Sunday through Friday
  • C. Sunday through Saturday
  • D. Monday through Friday

Answer: C


NEW QUESTION # 21
How many work days does it take to move the product from testing to sale?

  • A. 70.
  • B. 100.
  • C. 60.
  • D. 90.

Answer: B


NEW QUESTION # 22
Of the following update procedures, which is the least important in achieving an accurate forecast for completion of a construction schedule?

  • A. Entering the time impacts of delays and change orders.
  • B. Making "downstream" logic revisions as required.
  • C. Estimating remaining durations of activities.
  • D. The correct recording of actual start dates.

Answer: B


NEW QUESTION # 23
If no time extensions are granted and all actual delays are as described above, what will the total float calculation be at the end of the project?

  • A. 0 calendar days.
  • B. -14 calendar days.
  • C. 10 calendar days.
  • D. -20 calendar days.

Answer: B


NEW QUESTION # 24
Which activity is drawn in the incorrect position?

  • A. Activity C.
  • B. Activity D.
  • C. Activity E.
  • D. Activity G.

Answer: B


NEW QUESTION # 25
In order for a claimant to be entitled to an extension of contract time for a delay event (and further to be considered compensable):

  • A. The delay must not cause monetary harm to the defendant.
  • B. The delay must affect the critical path.
  • C. The delay must be concurrent with the delay attributable to both parties.
  • D. The delay must affect the contractor's planned construction schedule.

Answer: B


NEW QUESTION # 26
What does the narrow band at "Y" represent?

  • A. A rework period.
  • B. Resource limitation period.
  • C. Activity inactivity.
  • D. You cannot tell with the information supplied.

Answer: C


NEW QUESTION # 27
When reconstructing a CPM schedule electronically from a hardcopy, which of the following is NOT required to determine the critical path?

  • A. Assigned party responsibility for each work task
  • B. Predecessor and successor listing with logic type and lag duration, preferably sorted by activity ID
  • C. Detailed listing of working days for each calendar used
  • D. Tabular listing of activities showing duration, calendar ID, early and late dates

Answer: A


NEW QUESTION # 28
What does the heavy, vertical line at "X" represent?

  • A. International Date Line.
  • B. Change-over limits.
  • C. The status or data date.
  • D. Delay fault line.

Answer: C


NEW QUESTION # 29
What is the cycle time?

  • A. 5 minutes
  • B. 17 minutes
  • C. 14 minutes
  • D. 6 minutes

Answer: B


NEW QUESTION # 30
Which letter of the alphabet best approximates the graphical shape of a project's cumulative cost baseline, or budgeted cost of work scheduled?

  • A. S.
  • B. W.
  • C. C.
  • D. B.

Answer: A


NEW QUESTION # 31
Activity 1001 started on the scheduled date but has slipped 10 days. Activity 10002 will slip 35 days. All remaining activities retain their original duration. What is the revised completion date?

  • A. 02-19-04
  • B. 03-20-04
  • C. 03-11-04
  • D. 03-21-04

Answer: C


NEW QUESTION # 32
What method offers the best chance of the schedule being used effectively to implement the project in the field?

  • A. Allow large time contingencies on milestones and completion deadlines.
  • B. Include detailed and stringent set of scheduling specifications in the contract.
  • C. Issue detailed schedule updates as frequently as possible.
  • D. Obtain consent and agreement to the schedule from the key project personnel.

Answer: D


NEW QUESTION # 33
If after calculating a schedule an activity exhibits negative total float, which of the following is certain? The activity

  • A. Has yet to be completed.
  • B. It is on the critical path.
  • C. Was completed in the past.
  • D. Is a milestone.

Answer: A


NEW QUESTION # 34
If Activity E's duration changes to 4 months, what is the overall duration of the project.

  • A. 20 months.
  • B. 19 months.
  • C. 22 months.
  • D. 21 months.

Answer: A


NEW QUESTION # 35
The activity with the most total float is:

  • A. Activity I.
  • B. Activity C.
  • C. Activity D.
  • D. Activity F.

Answer: A


NEW QUESTION # 36
Management has determined the need to release the product 20 days earlier than planned. What tasks need to be expedited?

  • A. Testing, Manufacturing and Packaging.
  • B. Printing the Manual.
  • C. Packaging only.
  • D. Drafting and Proofing the Manual.

Answer: A


NEW QUESTION # 37
If a cost estimate assumes that 240 hours will be expended on a given activity, and the projected crew size expected to perform that activity is 5 personnel working and 8-hour workday, what is the calculated duration for the activity?

  • A. 6 days
  • B. 8 days
  • C. 4 days
  • D. 5 days

Answer: A


NEW QUESTION # 38
Theoretically construct a summary activity for activities 2001 through 2004. Using the "normal" schedule, what is the cost of the hammock?

  • A. $271,000
  • B. $289,000
  • C. $139,000
  • D. $299,000

Answer: B


NEW QUESTION # 39
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