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

Page: 5 / 7
Total 216 questions

In its simplest form, what is the main drawback of critical path method scheduling?

A.

It requires a backward pass to calculate late dates.

B.

It assumes that resources are unlimited.

C.

It doesn't account for interdependent between activities.

D.

It allows for Precedence Diagramming Method to be used in place of Arrow Diagramming Method.

There is only enough room for a maximum of 4 cranes to be placed on-site. Assuming that a single crane can perform 35 lifts per day and that a column pour requires 60 lifts, what is the minimum number of tower cranes that should be used for the above described column pours?

A.

2 cranes

B.

1 crane

C.

4 cranes

D.

3 cranes

What day would Activity C complete if the duration of Activity A was reduced by five days?

A.

35

B.

30

C.

45

D.

40

If someone wanted to constrain a project's end date so that any project slippage would cause negative float, they would do so by using

A.

Finish-no-earlier constraint on the first activity

B.

Finish-no-earlier constraint on the last activity

C.

Finish-no-later constraint on the last activity

D.

Start-no-later constraint on the first activity

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 performed (BCWP)

D.

Budgeted cost of work scheduled (BCWS)

What are Phases based on and derived from?

A.

Resources

B.

Constructability

C.

Score of Work

D.

Budget

If after calculating a schedule an activity exhibits negative total float, which of the following is certain? The activity

A.

Is a milestone.

B.

It is on the critical path.

C.

Was completed in the past.

D.

Has yet to be completed.

When are project planning and scheduling specifications established?

A.

Before me NTP

B.

Before the tendering documents are finalized

C.

After the bid price is accepted

D.

During the bidding process

What activities are concurrent to Activity 2001 in the "normal" schedule?

A.

7001.

B.

1001.

C.

1000.

D.

2003.

Using the "normal" schedule, if you start Activity 7001 on April 1, 2002, and using a 5-day workweek, what the finish date for Activity 7001?

A.

06-11-02.

B.

06-04-02.

C.

06-18-02.

D.

06-05-02.