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Free AACE Certification AACE-PSP Ultimate Study Guide (Updated 165 Questions)
AACE-PSP certification program is designed to recognize and validate professionals' expertise in project planning and scheduling. Planning & Scheduling Professional (PSP) Exam certification program covers the fundamental principles of planning and scheduling, including project planning, scheduling, monitoring, and control. The AACE-PSP certification program is globally recognized and is highly valued by employers worldwide.
NEW QUESTION # 76
What changes to logic would eliminate Activity B from the critical path?
- A. Reduce the lag value of the relationship from Activity A to Activity B from 5 to 0
- B. Replace the relationship from Activity B to Activity C with SSO
- C. Add a SS 15 relationship from Activity A to Activity B and replace the relationship from Activity A to Activity B with FFO
- D. Replace the relationship from Activity A to Activity B with FFO and add an FSO relationship from Activity A to Activity C
Answer: D
NEW QUESTION # 77
All the following describe the critical path of a schedule EXCEPT:
- A. Changed by redefining the network logic or changing activity durations or both.
- B. Frequently defined as the shortest path through the schedule.
- C. The series of activities having the least amount of total float.
- D. Determined by network logic and is the chain of activities that controls the overall project completion time.
Answer: B
NEW QUESTION # 78
What is the result of a forward pass calculation?
- A. Value of free float for individual activities
- B. Value of total float for individual activities
- C. Early start and early finish date for individual activities
- D. Critical path
Answer: C
NEW QUESTION # 79
Using the "normal" schedule, what is the early finish date of activity 10002 and its total float?
- A. 12-18-03 and 25 days of float
- B. 12-17-03 and 4 days of float
- C. 12-27-03 and 24 days of float
- D. 12-18-03 and 4 days of float
Answer: B
NEW QUESTION # 80
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 start-to-start relationship with a ten-day lag assigned to activity 6001; activity 6002 will be dependent on activity 6001
- C. A finish-to-start relationship with a ten-day lag assigned to activity 6002; activity 6001 will be dependent on activity 6002
- D. A start-to-start to relationship for both activities 6001 and 6002 with a ten-day lag assigned to activity 6002.
Answer: B
NEW QUESTION # 81
Who will receive the most benefit from a master schedule of the Spring Highway project?
- A. SDOT
- B. BILCO
- C. ALPHA
- D. GOUGE. Inc
Answer: A
NEW QUESTION # 82
If Activity E's duration changes to 4 months, what is the overall duration of the project.
- A. 22 months.
- B. 20 months.
- C. 21 months.
- D. 19 months.
Answer: B
NEW QUESTION # 83
Why does activity 1001 have two successor activities?
- A. Because there are two defined logic paths for the work
- B. Because the late finish of 1001 and the late start of 7001 require two successors
- C. Because the problem could not effectively work with only one successor
- D. Because the duration of activities 2001, 2002 and 200.f require two successors
Answer: A
NEW QUESTION # 84
When resource leveling craft labor for a critical path schedule, the scheduler
- A. Can depend on the results of the resource leveling operation to reflect a useful realignment of all schedule activities without 'further analysis.
- B. Must consider breaks in continuity of work for subcontractors, thereby possibly incurring additional subcontractor mobilization and demobilization costs.
- C. Need only consider the non-union crafts persons.
- D. Need not consider its effects, as it is a theoretical concept with limited application to construction projects.
Answer: A
NEW QUESTION # 85
What is the free float for Activity F?
- A. 2month.
- B. 3 months.
- C. 1months.
- D. 0months.
Answer: D
NEW QUESTION # 86
Theoretically construct a summary activity for activities 6001 through 6003. Identify the governing predecessor and successor activities for the hammock:
- A. Predecessor is activity 5001, successor is activity 8002
- B. Predecessor is activity 4001, successor is activity 8001
- C. Predecessor is activity 9001, successor is activity 9002
- D. Predecessor is activity 5001, successor is activity 8001
Answer: D
NEW QUESTION # 87
The sum of all budgets for work scheduled to be accomplished within a given time period is the ____________.
- A. Estimate at completion (EAC)
- B. Budgeted cost of work scheduled (BCWS)
- C. Budget at completion (BAC)
- D. Budgeted cost of work performed (BCWP)
Answer: C
NEW QUESTION # 88
What is the relationship depicted between Activity G and Activity H?
- A. You cannot tell with the supplied information.
- B. Finish-to-start.
- C. Finish-to-finish.
- D. Start-to-start.
Answer: D
NEW QUESTION # 89
Which of the following will always describe the critical path? The path with
- A. The shortest duration and negative float.
- B. Zero float.
- C. The longest duration through the network.
- D. Negative float.
Answer: B
NEW QUESTION # 90
Which of the following documents is most likely to be of the LEAST value to a planner/scheduler when planning a contractor's baseline critical path schedule for the construction of a large high-clearance bridge located very near an airport? The contractor has been awarded the contract.
- A. The government's report on future high-clearance bridge projects
- B. The project plans and specifications
- C. The project geotechnical report
- D. The regulations published by the government aviation agency
Answer: D
NEW QUESTION # 91
If the administrative constraints for developing the precedence diagram, as provided in the contract documents, indicate that no individual construction activities shall have a longer duration of two months, how many activities in the "normal" schedule would be affected?
- A. Cannot be determined.
- B. 12.
- C. 14.
- D. 13.
Answer: B
NEW QUESTION # 92
Budgeted cost of work scheduled is _______________________.
- A. The sum of all budgets for work scheduled to be accomplished within a given time period
- B. The total authorized budget for accomplishing the project scope
- C. The value of the completed work expressed in terms of the budget assigned to that work
- D. The expected total cost of an activity, group of activities or the project
Answer: D
NEW QUESTION # 93
For activity 11001. why would the crashed direct cost be greater than the direct cost of the normal schedule?
- A. Generally, more equipment is used for a crashed project; therefore, it costs more to demobilize
- B. Management bonuses for early completion were included in this activity
- C. Some costs resulting from the crashed efforts were forgotten in previous activities
- D. Additional extended overhead is also being shown in this activity
Answer: A
NEW QUESTION # 94
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