Pass Your AACE-PSP Exam Easily - Real AACE-PSP Practice Dump Updated May 19, 2023
2023 Realistic Verified Free AACE International AACE-PSP Exam Questions
Obtaining the PSP certification can open up new career opportunities and increase earning potential for planning and scheduling professionals. It also demonstrates a commitment to professional development and continuous learning, which can be valuable to employers and clients.
NEW QUESTION # 54
What does the heavy, vertical line at "X" represent?
- A. International Date Line.
- B. The status or data date.
- C. Change-over limits.
- D. Delay fault line.
Answer: B
NEW QUESTION # 55
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. Assigned party responsibility for each work task
- C. Detailed listing of working days for each calendar used
- D. Predecessor and successor listing with logic type and lag duration, preferably sorted by activity ID
Answer: B
NEW QUESTION # 56
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. Certain activities in the critical path have no successors.
- B. The schedule is projecting an "early completion".
- 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: A
NEW QUESTION # 57
At a minimum, periodic reporting must be done at what interval?
- A. As specified in the contract documents.
- B. As requested by the owner.
- C. Monthly.
- D. As requested by the project manager.
Answer: A
NEW QUESTION # 58
Which of the following are NOT considerations or constraints of the planning process for construction scheduling?
- A. Project variables.
- B. Value engineering.
- C. Interest rate of owner's construction bonds.
- D. Consideration of all stakeholders.
Answer: C
NEW QUESTION # 59
Determine the correct formula and date for the late start for Activity 9001.
- A. The early finish is required in order to determine the answer.
- B. LS.6001 Dur.6001 -> 11-20-02.
- C. There is insufficient data provided to calculate the answer.
- D. LF.9001 Dur.9001 -> 11-20-02.
Answer: D
NEW QUESTION # 60
Which of the following will always describe the critical path? The path with
- A. Zero float.
- B. Negative float.
- C. The longest duration through the network.
- D. The shortest duration and negative float.
Answer: A
NEW QUESTION # 61
Identify the late finish to develop plans and specs.
- A. 10 months.
- B. 9 months.
- C. 7 months.
- D. 8 months.
Answer: B
NEW QUESTION # 62
Crane operators require 1 hour prep and 1 hour clean-up and inspection per day. There is only 1 crane operator allocated per crane. Crane operators are not allowed to work more than 8 hours a day. Lunchtime break lasts 1 hour. Assuming a 10 minute cycle time, how many lifts per day can be expected?
- A. 36 lifts
- B. 48 lifts
- C. 24 lifts
- D. 30 lifts
Answer: A
NEW QUESTION # 63
The work breakdown structure is used to organize
- A. Similar activity coding of schedule activities
- B. The chart of accounts
- C. "Smart activity ID codes" representing similar items of scheduled work
- D. The smallest defined work packet
Answer: D
NEW QUESTION # 64
If a detailed estimate is NOT available to assist in the formulation of activity durations but unit quantities have been identified, what information can be utilized to estimate work package/activity durations?
- A. The Eichleay formula
- B. Historical production rates
- C. Black-Scholes model
- D. Time impact analysis
Answer: B
NEW QUESTION # 65
Activity C is a
- A. 1-day activity.
- B. Contentious activity.
- C. Milestone.
- D. Continuous activity.
Answer: C
NEW QUESTION # 66
Which of the following is NOT a tool or technique used to perform scope planning?
- A. Expert Judgment.
- B. Schedule performance indexing.
- C. Alternatives identification.
- D. Benefit cost analysis.
Answer: B
NEW QUESTION # 67
As a change to the network for the current update, activity 6002 is required to begin ten days after the beginning of activity 6001. Which is the simplest logic organization?
- A. A start-to-finish relationship with both activities 6001 and 6002 having a ten-day lag
- B. A finish-to-start relationship with a ten-day lag assigned to activity 6002; activity 6001 will be dependent on activity 6002
- C. A start-to-start to relationship for both activities 6001 and 6002 with a ten-day lag assigned to activity
6002. - D. A start-to-start relationship with a ten-day lag assigned to activity 6001; activity 6002 will be dependent on activity 6001
Answer: B
NEW QUESTION # 68
What owner action could have mitigated the late completion of the project?
- A. Hire a more senior project manager.
- B. Use a procurement agent to monitor and expedite equipment deliveries.
- C. Self-perform more of the work.
- D. Prepare better structural steel drawings.
Answer: B
NEW QUESTION # 69
Which of the following are NOT normally included in the project scope statement, either directly or by reference?
- A. Project objectives in terms of cost, schedule and quality measures
- B. Project justification
- C. Project contract between the contractor and owner
- D. Project deliverables
Answer: B
NEW QUESTION # 70
For the late finish for Activity 11001, select the most appropriate response for transitioning from the forward pass.
- A. EF.11001.
- B. EF.11001 + 1 day.
- C. LS.11001 + 25 days.
- D. 02-19-04.
Answer: D
NEW QUESTION # 71
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The AACE International AACE-PSP (Planning & Scheduling Professional (PSP)) Exam is a globally recognized certification for professionals who are responsible for planning and scheduling in various industries. This certification is offered by AACE International, a professional association that provides education, certification, and networking opportunities to project control professionals. The AACE-PSP certification evaluates the knowledge, skills, and abilities of candidates in planning, scheduling, and controlling projects.
The AACE-PSP certification exam is designed to test the candidate's proficiency in the principles, methods, and techniques of project planning and scheduling, including critical path analysis, earned value management, and resource planning. The certification is intended for professionals who are involved in the planning, scheduling, and control of projects, such as project managers, schedulers, planners, cost engineers, and other related professionals.
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