New Year Sale Special Limited Time 70% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: xmas50

AACE International PSP - Planning & Scheduling Professional (PSP) Exam

Page: 3 / 7
Total 216 questions

What method would be the best way to determine the most likely as-built critical path of a project that is underway, and the schedule of which has been partially progressed?

A.

Use the progressed portion of the critical path of all the updates previous to the current update.

B.

Use the progressed portion of the critical path of the baseline schedule.

C.

Interview the project personnel for their perceptions and opinions because the schedule is usually inadequate.

D.

Use the forward-looking critical path of the most current updates.

Total float is defined as the amount of time an activity can be delayed without impacting

A.

The overall project completion

B.

The buoyancy of a successor activity

C.

The next activity

D.

The end of that activity

Which activity is drawn in the incorrect position?

A.

Activity G.

B.

Activity E.

C.

Activity C.

D.

Activity D.

Why does activity 11001 not show successor activities?

A.

The early finish and late finish are circular

B.

It is the penultimate work required for the project

C.

The scheduler forgot to add the successor activities

D.

It is the final activity for the required work for the project

Using the normal schedule, theoretically construct a hammock for activities 6001-6003. What is the duration of the hammock?

A.

407 days

B.

255 days

C.

267 days

D.

477 days

The Baseline Plan does NOT reflect which of the following:

A.

scope of worn and work plans

B.

stakeholders deliverables

C.

approved budget

D.

schedule milestones

The BEST reason to use multiple calendars is to:

A.

more accurately show how the project will be built

B.

allow each specialty contractor to have a unique schedule of work/non-work periods

C.

track owner activities according to their specific calendar in order to develop a good

working relationship

D.

evaluate float for the benefit of the contractor

Project schedules help control all of the following EXCEPT for_____________________.

A.

Quality

B.

Cost

C.

Resources

D.

Time

Value engineering is:

A.

targeted at the design itself

B.

intended to provide the least life-cycle cost

C.

established to provide the greatest value

D.

intended to determine if the project will be completed economically

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.

8 days

B.

6 days

C.

4 days

D.

5 days