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The AACE-PSP certification is ideal for professionals who want to advance their careers in project planning and scheduling. Planning & Scheduling Professional (PSP) Exam certification program is suitable for project managers, project planners, and schedulers who are involved in planning and scheduling activities for projects and programs. Planning & Scheduling Professional (PSP) Exam certification program is also beneficial for professionals who want to enhance their knowledge and skills in the field of project planning and scheduling.
NEW QUESTION # 62
The work breakdown structure is used to organize
- A. The smallest defined work packet
- B. Similar activity coding of schedule activities
- C. "Smart activity ID codes" representing similar items of scheduled work
- D. The chart of accounts
Answer: A
NEW QUESTION # 63
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. 10 days.
- B. 0 days.
- C. 5 days.
- D. 15 days.
Answer: C
NEW QUESTION # 64
Which of the following are NOT normally included in the project scope statement, either directly or by reference?
- A. Project contract between the contractor and owner
- B. Project objectives in terms of cost, schedule and quality measures
- C. Project justification
- D. Project deliverables
Answer: C
NEW QUESTION # 65
Using the "normal" schedule, theoretically construct a hammock for activities 2001 through 2004. What is the duration of the hammock?
- A. 183 days
- B. 193 days
- C. 168 days
- D. 91 days
Answer: A
NEW QUESTION # 66
Free float is the
- A. Difference In float value of the critical path activities and the float value of the specific activity being analyzed.
- B. Amount of time the early start of an activity can be delayed without impacting the early start of the successor activity.
- C. Difference between the early dates and late dates of an activity.
- D. Difference between the early finish dates and late finish dates of an activity.
Answer: B
NEW QUESTION # 67
Under which circumstance should one perform resource-leveling calculations?
- A. When the contract contains a provision for float-banking.
- B. When you believe that known resource limitations may override schedule logic.
- C. Never, unless required by the contract.
- D. When the schedule is resource-loaded.
Answer: B
NEW QUESTION # 68
These are the activities on the critical path:
- A. A, D, & I.
- B. A, C, E, & H.
- C. A, B, G, & H.
- D. A, B, F, & J
Answer: C
NEW QUESTION # 69
Theoretically construct a summary activity for activities 6001 through 6003. Identify the governing predecessor and successor activities for the hammock:
- A. Predecessor is activity 9001, successor is activity 9002
- B. Predecessor is activity 5001, successor is activity 8001
- C. Predecessor is activity 4001, successor is activity 8001
- D. Predecessor is activity 5001, successor is activity 8002
Answer: B
NEW QUESTION # 70
Which is NOT an industry-recognized methodology for quantifying critical delay?
- A. Gantt Chart.
- B. Time Impact.
- C. Collapsed As-Built.
- D. Periodic Windows.
Answer: A
NEW QUESTION # 71
What activities are concurrent to Activity 2001 in the "normal" schedule?
- A. 1001.
- B. 1000.
- C. 2003.
- D. 7001.
Answer: D
NEW QUESTION # 72
Which of the following is NOT required when performing weekly or monthly schedule updates?
- A. Percent complete.
- B. Actual finish of activities.
- C. Original duration of activities.
- D. Remaining duration of activities.
Answer: D
NEW QUESTION # 73
Of the following update procedures, which is the least important in achieving an accurate forecast for completion of a construction schedule?
- A. Entering the time impacts of delays and change orders.
- B. Making "downstream" logic revisions as required.
- C. The correct recording of actual start dates.
- D. Estimating remaining durations of activities.
Answer: B
NEW QUESTION # 74
What is the result of a forward pass calculation?
- A. Early start and early finish date for individual activities
- B. Critical path
- C. Value of total float for individual activities
- D. Value of free float for individual activities
Answer: A
NEW QUESTION # 75
Which activity is drawn in the incorrect position?
- A. Activity G.
- B. Activity C.
- C. Activity E.
- D. Activity D.
Answer: D
NEW QUESTION # 76
How much Total Float does drafting the product manual have?
- A. 15 workdays.
- B. 5 workdays.
- C. 10 workdays.
- D. 0 workdays.
Answer: C
NEW QUESTION # 77
Which statement is true?
- A. Where compensability cannot be established, excusability is assumed.
- B. Where compensability can 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: A
NEW QUESTION # 78
What is the actual duration as of the status date or data date of Activity B?
- A. 7.
- B. 0.
- C. 3.
- D. 4.
Answer: C
NEW QUESTION # 79
Which of the following project planning situations is the most frequent contributor to cost overruns?
- A. lack of detailed planning for operational start-up
- B. Inappropriate definition of work breakdown structure
- C. Inadequate definition of scope at the estimate (budget) stage
- D. Insufficient planning for change management
Answer: C
NEW QUESTION # 80
Which of the following is NOT true?
- A. Constraints can interfere with the longest path calculation.
- B. A network must contain only one Critical Path.
- C. Remaining durations can exceed original durations.
- D. Multiple calendars can affect the total float calculation.
Answer: C
NEW QUESTION # 81
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AACE International is a professional association for cost engineering, project management, and planning and scheduling professionals. The association offers a range of certifications to its members, including the AACE-PSP (Planning & Scheduling Professional) certification. The AACE-PSP certification is designed for individuals who are involved in planning and scheduling activities for projects and programs. Planning & Scheduling Professional (PSP) Exam certification program is recognized worldwide and is considered a benchmark for planning and scheduling professionals.
To be eligible for the AACE-PSP Certification Exam, candidates must have at least four years of professional experience in planning and scheduling, as well as a bachelor’s degree or equivalent. Candidates who do not have a degree may still be eligible if they have at least eight years of professional experience in planning and scheduling. In addition to meeting these requirements, candidates must also pass the AACE-PSP Certification Exam with a score of at least 70 percent.
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