100% Accurate Answers! Dec-2024 AACE-PSP Actual Real Exam Questions
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AACE International is a non-profit professional association that provides education and certification to professionals in the project management and cost engineering fields. One of the certifications offered by AACE International is the Planning & Scheduling Professional (PSP) certification. The PSP certification is designed for professionals who specialize in planning and scheduling in the construction, engineering, and project management industries.
AACE International AACE-PSP Certification Exam is an excellent way for professionals to demonstrate their expertise in project planning and scheduling. Planning & Scheduling Professional (PSP) Exam certification is recognized worldwide and is often required for project management roles in many organizations. It is a challenging exam that requires candidates to have a solid understanding of project planning and scheduling concepts. However, with the right preparation and experience, passing the exam can be a significant achievement for any project management professional.
Preparing for the AACE-PSP certification exam requires a significant commitment of time and effort. Candidates must have a thorough understanding of project management principles, tools, and techniques, and must be able to apply this knowledge to solve real-world problems. There are many study resources available, including textbooks, online courses, and practice exams, to help candidates prepare for the exam.
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. Is a milestone.
- C. Was completed in the past.
- D. It is on the critical path.
Answer: A
NEW QUESTION # 34
What is the workweek period for this project?
- A. Monday through Friday
- B. Monday through Saturday
- C. Sunday through Friday
- D. Sunday through Saturday
Answer: D
NEW QUESTION # 35
The linear scheduling velocity diagram has the following two-axis:
- A. Time and location
- B. Location and crew size
- C. Time and rate of progress
- D. Time and crew size
Answer: C
NEW QUESTION # 36
Why does activity 11001 not show successor activities?
- A. The scheduler forgot to add the successor activities
- B. It is the final activity for the required work for the project
- C. It is the penultimate work required for the project
- D. The early finish and late finish are circular
Answer: B
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. 4 days
- B. 5 days
- C. 6 days
- D. 8 days
Answer: C
NEW QUESTION # 38
Determine the correct formula and date for the late finish for Activity 2001.
- A. LS.2002- 1 day-> 08-29-01.
- B. LF.2001 - 1 day -> 08-28-01.
- C. LS.2002 + 1 day -> 08-30-01.
- D. LS.2002 - 1 day -> 08-28-01.
Answer: D
NEW QUESTION # 39
Using the "normal" schedule, if you start Activity 7001 on April 1, 2002, and using a 5-day workweek, what the finish date for Activity 7001?
- A. 06-11-02.
- B. 06-18-02.
- C. 06-05-02.
- D. 06-04-02.
Answer: C
NEW QUESTION # 40
In analyzing a logical chain of activities in a critical path method (CPM) schedule, what do differing total float values within that chain typically indicate?
- A. The schedule is projecting an "early completion".
- B. Certain activities in the critical path have no successors.
- C. Different calendars are assigned to certain activities in the logical chain.
- D. The schedule has too much detail to reflect an accurate critical path.
Answer: B
NEW QUESTION # 41
Determine the correct formula and date for the late finish for Activity 2002.
- A. LS.2003 - 1 day -> 10-06-01.
- B. LS.2003 + 1 day -> 10-07-01.
- C. LS.2003 - 1 day -> 11.06.01.
- D. LS.2003 - 1 day -> 10-05-01.
Answer: D
NEW QUESTION # 42
What method offers the best chance of the schedule being used effectively to implement the project in the field?
- A. Obtain consent and agreement to the schedule from the key project personnel.
- B. Issue detailed schedule updates as frequently as possible.
- C. Include detailed and stringent set of scheduling specifications in the contract.
- D. Allow large time contingencies on milestones and completion deadlines.
Answer: A
NEW QUESTION # 43
The sum of all budgets for work scheduled to be accomplished within a given time period is the
____________.
- A. Budgeted cost of work performed (BCWP)
- B. Budget at completion (BAC)
- C. Budgeted cost of work scheduled (BCWS)
- D. Estimate at completion (EAC)
Answer: B
NEW QUESTION # 44
Determine the correct formula and date for the late start for Activity 9001.
- A. LS.6001 Dur.6001 -> 11-20-02.
- B. LF.9001 Dur.9001 -> 11-20-02.
- C. There is insufficient data provided to calculate the answer.
- D. The early finish is required in order to determine the answer.
Answer: B
NEW QUESTION # 45
When reconstructing a CPM schedule electronically from a hardcopy, which of the following is NOT required to determine the critical path?
- A. Tabular listing of activities showing duration, calendar ID, early and late dates
- B. Detailed listing of working days for each calendar used
- C. Predecessor and successor listing with logic type and lag duration, preferably sorted by activity ID
- D. Assigned party responsibility for each work task
Answer: D
NEW QUESTION # 46
Which of the following will NOT affect the total float calculation of a non-resource leveled schedule?
- A. Front end loading.
- B. Preferential logic.
- C. Start and finish constraints.
- D. Multiple calendars.
Answer: A
NEW QUESTION # 47
All the following describe the critical path of a schedule EXCEPT:
- A. The series of activities having the least amount of total float.
- B. Frequently defined as the shortest path through the schedule.
- C. Determined by network logic and is the chain of activities that controls the overall project completion time.
- D. Changed by redefining the network logic or changing activity durations or both.
Answer: B
NEW QUESTION # 48
Using the "normal" schedule, given Activity 3001 and the relationship with Activity 4001, what is indicated?
- A. The activities occur in series with a 15-day lag.
- B. The activities run concurrently.
- C. These activities are concurrent with Activity 4001 starting 15 days after the start of Activity 3001.
- D. These activities are concurrent with Activity 4001 starting 15 days earlier than the start of Activity 3001.
Answer: A
NEW QUESTION # 49
What owner action could have mitigated the late completion of the project?
- A. Self-perform more of the work.
- B. Use a procurement agent to monitor and expedite equipment deliveries.
- C. Hire a more senior project manager.
- D. Prepare better structural steel drawings.
Answer: B
NEW QUESTION # 50
Project schedules help control all of the following EXCEPT for_____________________.
- A. Cost
- B. Time
- C. Quality
- D. Resources
Answer: C
NEW QUESTION # 51
Determine the correct formula and date for the late finish for Activity 9004.
- A. LS.10002 + 1 day -> 11-29-03.
- B. LS.10002 - Lag.7 - l day -> 11-20-03.
- C. LS.10002 - 1 day -> 11-27-03.
- D. LS.10002^ Lag.7 + i day -> 11-20-03.
Answer: D
NEW QUESTION # 52
At a minimum, periodic reporting must be done at what interval?
- A. As requested by the owner.
- B. As specified in the contract documents.
- C. Monthly.
- D. As requested by the project manager.
Answer: B
NEW QUESTION # 53
There is only enough room for a maximum of 4 cranes to be placed on-site. Assuming that a single crane can perform 35 lifts per day and that a column pour requires 60 lifts, what is the minimum number of tower cranes that should be used for the above described column pours?
- A. 3 cranes
- B. 4 cranes
- C. 2 cranes
- D. 1 crane
Answer: C
NEW QUESTION # 54
Free float is the
- A. Difference between the early dates and late dates of an activity.
- B. Amount of time the early start of an activity can be delayed without impacting the early start of the successor activity.
- C. Difference between the early finish dates and late finish dates of an activity.
- D. Difference In float value of the critical path activities and the float value of the specific activity being analyzed.
Answer: B
NEW QUESTION # 55
Assuming that you had only one crane capable of 30 lifts per day, 3 column pours requiring 28 lifts each, plus associated assorted work requiring an additional 150 lifts, what is the minimum planned working duration for this work?
- A. 8 work days
- B. 15 workdays
- C. 18 work days
- D. 7 work days
Answer: A
NEW QUESTION # 56
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