Updated Nov-2024 Test Engine to Practice AACE-PSP Test Questions
AACE-PSP Real Exam Questions Test Engine Dumps Training With 120 Questions
To qualify for the AACE-PSP Exam, candidates must have a minimum of four years of professional experience in planning and scheduling. They must also have a bachelor's degree or higher, or an equivalent level of education and experience. AACE-PSP exam consists of 120 multiple-choice questions, and candidates are given four hours to complete it. Passing the exam demonstrates a high level of proficiency in planning and scheduling, and can lead to better job opportunities, increased earning potential, and greater professional recognition.
The AACE-PSP (Planning and Scheduling Professional) Certification Program is an internationally recognized certification offered by AACE International. It is one of the most widely recognized certifications for professionals seeking to work in project planning and scheduling. This program has gained widespread acceptance across various industries, including construction, oil and gas, mining, and many more.
NEW QUESTION # 34
If drafting of the product manual overruns its planned duration by 5 days, how many days may the manufacturing be delayed without affecting release of the product?
- A. 15 days.
- B. 10 days.
- C. 5 days.
- D. 0 days.
Answer: D
NEW QUESTION # 35
Time-scaled logic diagrams are
- A. Only calculated using a computer.
- B. Logic networks that are drawn to match the calendar.
- C. The same as a pure-logic diagram.
- D. Used to calculate the most probable activity duration.
Answer: B
NEW QUESTION # 36
Which of the following types of delay will NOT result in a time extension and additional compensation for a contractor?
- A. Excusable delay
- B. Non-excusable delay
- C. Compensable delay
- D. Non-compensable delay
Answer: D
NEW QUESTION # 37
Which of the following will always describe the critical path? The path with
- A. Negative float.
- B. The longest duration through the network.
- C. Zero float.
- D. The shortest duration and negative float.
Answer: C
NEW QUESTION # 38
What owner action could have mitigated the late completion of the project?
- A. Prepare better structural steel drawings.
- B. Hire a more senior project manager.
- C. Self-perform more of the work.
- D. Use a procurement agent to monitor and expedite equipment deliveries.
Answer: D
NEW QUESTION # 39
Determine the driving activity for Activity 10001.
- A. Activity 9005.
- B. Activity 11001.
- C. There is no driving activity for Activity 10001 in the backward pass.
- D. Activity 10002.
Answer: D
NEW QUESTION # 40
How much Total Float does drafting the product manual have?
- A. 15 workdays.
- B. 10 workdays.
- C. 0 workdays.
- D. 5 workdays.
Answer: B
NEW QUESTION # 41
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. Allow large time contingencies on milestones and completion deadlines.
- D. Include detailed and stringent set of scheduling specifications in the contract.
Answer: A
NEW QUESTION # 42
What is the cycle time?
- A. 6 minutes
- B. 14 minutes
- C. 17 minutes
- D. 5 minutes
Answer: C
NEW QUESTION # 43
What is the free float for Activity F?
- A. 2month.
- B. 1months.
- C. 0months.
- D. 3 months.
Answer: C
NEW QUESTION # 44
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. Historical production rates
- B. The Eichleay formula
- C. Black-Scholes model
- D. Time impact analysis
Answer: A
NEW QUESTION # 45
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 regulations published by the government aviation agency
- B. The project plans and specifications
- C. The project geotechnical report
- D. The government's report on future high-clearance bridge projects
Answer: D
NEW QUESTION # 46
Project schedules help control all of the following EXCEPT for_____________________.
- A. Cost
- B. Time
- C. Resources
- D. Quality
Answer: D
NEW QUESTION # 47
You are developing a detailed critical path schedule for a proposed petrochemical plant. The schedule will become a part of the project baseline document, which will be sent to the company's board of directors for its consideration. What document or resource is likely to be MOST valuable in determining the schedule's work activity durations?
- A. Critical path schedules prepared by you for similar completed projects.
- B. Industry publications.
- C. The cost estimate for the plant prepared by your firm's estimating department.
- D. The Petrochemical Industry New Plant Task Duration Handbook.
Answer: A
NEW QUESTION # 48
Determine the correct formula and date for the late finish for Activity 9004.
- A. LS.10002 - Lag.7 - l day -> 11-20-03.
- B. LS.10002^ Lag.7 + i day -> 11-20-03.
- C. LS.10002 + 1 day -> 11-29-03.
- D. LS.10002 - 1 day -> 11-27-03.
Answer: B
NEW QUESTION # 49
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 performed (BCWP)
- C. Budgeted cost of work scheduled (BCWS)
- D. Budget at completion (BAC)
Answer: D
NEW QUESTION # 50
What was the original planned duration for Activity A through Activity G?
- A. 28.
- B. 26.
- C. 25.
- D. 24.
Answer: A
NEW QUESTION # 51
Why does activity 11001 not show successor activities?
- A. It is the penultimate work required for the project
- B. It is the final activity for the required work for the project
- C. The early finish and late finish are circular
- D. The scheduler forgot to add the successor activities
Answer: B
NEW QUESTION # 52
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 # 53
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How much Planning & Scheduling Professional (PSP) Exam Cost
The cost of this exam differs according to the region from where you are applying from and the exact amount of the exam will be available when you complete the application at AACE's website and proceed to the payment section. Roughly speaking, it costs around USD 200. Hover on to the official website of AACE by clicking Apply now button from this website and choose your region for more pricing information. Other costs may also incur like buying the PSP exam dumps and then practicing for the exam via the PSP practice exams. If you have an AACE membership or you do apply for one, the certifications will be offered to you at discounted prices.
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