Best Quality AACE International AACE-PSP Exam Questions Fast2test Realistic Practice Exams [2021]
Critical Information To Planning & Scheduling Professional (PSP) Exam Pass the First Time
NEW QUESTION 45
What is the free float for Activity F?
- A. 0months.
- B. 1months.
- C. 3 months.
- D. 2month.
Answer: A
NEW QUESTION 46
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 -> 11.06.01.
- C. LS.2003 - 1 day -> 10-05-01.
- D. LS.2003 + 1 day -> 10-07-01.
Answer: C
NEW QUESTION 47
Midway through the project you received an executed change order for this project, adding thirty-three days to the contract for weather delays. In its simplest form, how would your next project update display the changed condition?
- A. After Activity 1000, add a new Activity 1010 with a finish-to-start relationship to Activity 1000, and tie the end of this new activity with a finish-to-start relationship to the final activity of the project.
- B. After Activity 1001, add a new Activity 1011 with a finish-to-start relationship to Activity 1000, and tie the end of this new activity with a finish-to-start relationship to the final activity of the project.
- C. After Activity 1000, add a new Activity 1050 with a start-to-start relationship to Activity 1000, and tie the end of this new activity with a finish-to-finish relationship to the final activity of the project.
Answer: B
NEW QUESTION 48
Of the following update procedures, which is the least important in achieving an accurate forecast for completion of a construction schedule?
- A. Estimating remaining durations of activities.
- B. The correct recording of actual start dates.
- C. Entering the time impacts of delays and change orders.
- D. Making "downstream" logic revisions as required.
Answer: D
NEW QUESTION 49
At the end of month one, did the delay to the parking structure foundation delay the project?
- A. Yes, by 14 calendar days.
- B. Yes, by 4 calendar days.
- C. NO.
- D. Yes, by 9 calendar days.
Answer: B
NEW QUESTION 50
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 has too much detail to reflect an accurate critical path.
- C. Different calendars are assigned to certain activities in the logical chain.
- D. The schedule is projecting an "early completion".
Answer: A
NEW QUESTION 51
Which of the following will always describe the critical path? The path with
- A. The longest duration through the network.
- B. Negative float.
- C. Zero float.
- D. The shortest duration and negative float.
Answer: C
NEW QUESTION 52
Resource planning must take all of the following into account except for
- A. Time available to complete the project.
- B. Types of materials, equipment and labor skills required to complete the project.
- C. Cash flow (expenditure) limitations for completing work on the project.
- D. Earned value techniques established for the project.
Answer: D
NEW QUESTION 53
Determine the correct formula and date for the late start for Activity 9001.
- A. LF.9001 Dur.9001 -> 11-20-02.
- B. The early finish is required in order to determine the answer.
- C. There is insufficient data provided to calculate the answer.
- D. LS.6001 Dur.6001 -> 11-20-02.
Answer: A
NEW QUESTION 54
Using the "normal" schedule, theoretically construct a hammock for activities 2001 through 2004. What is the duration of the hammock?
- A. 91 days
- B. 168 days
- C. 183 days
- D. 193 days
Answer: C
NEW QUESTION 55
All the following describe the critical path of a schedule EXCEPT:
- A. Determined by network logic and is the chain of activities that controls the overall project completion time.
- B. Frequently defined as the shortest path through the schedule.
- C. Changed by redefining the network logic or changing activity durations or both.
- D. The series of activities having the least amount of total float.
Answer: B
NEW QUESTION 56
How could the structural steel drawing delay have been prevented?
- A. Release the structural steel for fabrication concurrent with review of structural steel shop drawings.
- B. Switch to post-tensioned concrete construction.
- C. Add a time buffer at the end of structural steel activities.
- D. Allow adequate time for review and resubmittal in the baseline schedule.
Answer: C
NEW QUESTION 57
Identify the minimum project duration.
- A. 20 months.
- B. 21 months.
- C. 16 months.
- D. 19 months.
Answer: A
NEW QUESTION 58
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. 48 lifts
- B. 24 lifts
- C. 36 lifts
- D. 30 lifts
Answer: C
NEW QUESTION 59
The sum of all budgets for work scheduled to be accomplished within a given time period is the
____________.
- A. Estimate at completion (EAC)
- B. Budget at completion (BAC)
- C. Budgeted cost of work scheduled (BCWS)
- D. Budgeted cost of work performed (BCWP)
Answer: B
NEW QUESTION 60
Which letter of the alphabet best approximates the graphical shape of a project's cumulative cost baseline, or budgeted cost of work scheduled?
- A. B.
- B. C.
- C. W.
- D. S.
Answer: D
NEW QUESTION 61
Project delays are best analyzed
- A. Contemporaneously with the delay.
- B. Late in the project.
- C. By an expert after the project is finished when complete records are available and the impact is known.
- D. After either the contractor or the owner acknowledges ^responsibility for the delay.
Answer: C
NEW QUESTION 62
Using the "normal" schedule, theoretically construct a hammock for activities 6001-6003. What is the duration of the hammock?
- A. 362 days
- B. 255 days
- C. 407 days
- D. 267 days
Answer: C
NEW QUESTION 63
Which activity is drawn in the incorrect position?
- A. Activity D.
- B. Activity E.
- C. Activity C.
- D. Activity G.
Answer: A
NEW QUESTION 64
How many work days does it take to move the product from testing to sale?
- A. 90.
- B. 60.
- C. 70.
- D. 100.
Answer: D
NEW QUESTION 65
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