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BEST Verified AACE International AACE-PSP Exam Questions (2023)
AACE International is a renowned professional organization that provides certifications and training for professionals in the field of project management, cost engineering, and scheduling. One of the most popular certifications offered by AACE International is the AACE-PSP (Planning & Scheduling Professional) Certification Exam. This certification is designed to validate the skills and knowledge of individuals who are involved in project planning, scheduling, and control.
NEW QUESTION # 52
Identify the late finish to develop plans and specs.
- A. 9 months.
- B. 8 months.
- C. 10 months.
- D. 7 months.
Answer: A
NEW QUESTION # 53
Which of the following are NOT considerations or constraints of the planning process for construction scheduling?
- A. Interest rate of owner's construction bonds.
- B. Consideration of all stakeholders.
- C. Value engineering.
- D. Project variables.
Answer: A
NEW QUESTION # 54
How much Total Float does drafting the product manual have?
- A. 15 workdays.
- B. 10 workdays.
- C. 5 workdays.
- D. 0 workdays.
Answer: B
NEW QUESTION # 55
Determine the driving activity for Activity 10001.
- A. Activity 9005.
- B. There is no driving activity for Activity 10001 in the backward pass.
- C. Activity 10002.
- D. Activity 11001.
Answer: C
NEW QUESTION # 56
Identify the minimum project duration.
- A. 16 months.
- B. 21 months.
- C. 20 months.
- D. 19 months.
Answer: C
NEW QUESTION # 57
Which of the following is NOT required when initially planning a project?
- A. Resource Identification and leveling.
- B. A schedule that identifies tasks required on a project.
- C. The duration of each task.
- D. Logical relationships between the tasks.
Answer: C
NEW QUESTION # 58
For the late finish for Activity 11001, select the most appropriate response for transitioning from the forward pass.
- A. 02-19-04.
- B. LS.11001 + 25 days.
- C. EF.11001 + 1 day.
- D. EF.11001.
Answer: A
NEW QUESTION # 59
If no time extensions are granted and all actual delays are as described above, what will the total float calculation be at the end of the project?
- A. 10 calendar days.
- B. -14 calendar days.
- C. 0 calendar days.
- D. -20 calendar days.
Answer: B
NEW QUESTION # 60
During proofing of the product manual, a problem was discovered requiring 15 days additional time to effect a correction. How can the date of availability be maintained?
- A. Expedite packaging by 5 days.
- B. Delay manufacturing by 5 days.
- C. Expedite printing by 5 days.
- D. Delay product release by 5 days.
Answer: D
NEW QUESTION # 61
Determine the correct formula and date for the late start for the Activity 11001:
- A. LF.11001 - Dur.11001 -> 01-16-04.
- B. LF.10001 + 1 day -> 01-16-04.
- C. LF.1001 + DUR.10001 -> 01-14-04.
- D. LF.11001 - 27 days + 1 day -> 01-14- 04.
Answer: B
NEW QUESTION # 62
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 expected total cost of an activity, group of activities or the project
- C. The value of the completed work expressed in terms of the budget assigned to that work
- D. The total authorized budget for accomplishing the project scope
Answer: B
NEW QUESTION # 63
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. Different calendars are assigned to certain activities in the logical chain.
- B. Certain activities in the critical path have no successors.
- C. The schedule is projecting an "early completion".
- D. The schedule has too much detail to reflect an accurate critical path.
Answer: B
NEW QUESTION # 64
Assuming conventional finish-to-start relationships, to calculate a schedule retaining the existing logic means that
- A. It is calculated using logic reflecting out-of-sequence progress.
- B. An out-of-sequence activity cannot resume until all predecessors are finished.
- C. There is no such thing.
- D. It is calculated using the original logic.
Answer: D
NEW QUESTION # 65
Is activity 7001 pictured correctly in the precedence diagram?
- A. Yes, except the early finish date is not shown.
- B. Yes, the duration is 48 days.
- C. No, the total float is not shown correctly.
- D. No, the start-to-start and finish-to-finish relationships are backwards.
Answer: B
NEW QUESTION # 66
What was the original planned duration for Activity A through Activity G?
- A. 25.
- B. 26.
- C. 24.
- D. 28.
Answer: D
NEW QUESTION # 67
Which statement is true?
- A. Where compensability can be established, excusability is assumed.
- B. Where compensability cannot be established, excusability is assumed.
- C. Where compensability can be established, excusabltity cannot be assumed.
- D. Where compensability cannot be established, excusability is a given.
Answer: B
NEW QUESTION # 68
Each column must be poured in one day. Each column requires 2,000 cubic feet of concrete. The lift bucket has a capacity of 40 cubic feet. How many lifts will be required per column pour?
- A. 5 lifts
- B. 50 lifts
- C. 20 lifts
- D. 80 lifts
Answer: B
NEW QUESTION # 69
At a minimum, periodic reporting must be done at what interval?
- A. Monthly.
- B. As specified in the contract documents.
- C. As requested by the project manager.
- D. As requested by the owner.
Answer: B
NEW QUESTION # 70
Due to a testing delay, release of the product for manufacture is delayed by 5 workdays and the product manual misses its print window at the printer. If the printer is delayed by 10 workdays, what is the delay to produce release?
- A. 15 days.
- B. 0 days.
- C. 10 days.
- D. 5 days.
Answer: D
NEW QUESTION # 71
Activity 1001 started on the scheduled date but has slipped 10 days. Activity 10002 will slip 35 days. All remaining activities retain their original duration. What is the revised completion date?
- A. 03-21-04
- B. 02-19-04
- C. 03-11-04
- D. 03-20-04
Answer: C
NEW QUESTION # 72
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The AACE-PSP certification exam is designed to test professionals’ knowledge and expertise in project planning and scheduling. The exam focuses on topics such as project planning, scheduling, progress monitoring, resource allocation, cost control, and risk management. The exam also covers the use of project management software tools, such as Primavera P6, which is widely used in the industry.
AACE International is a renowned professional association that focuses on project management, cost engineering, and total cost management. One of its most popular certification exams is the AACE-PSP (Planning & Scheduling Professional) Certification Exam. This exam is designed to test individuals on their knowledge and expertise in project planning and scheduling, which are critical components of any successful project.
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