Mar 31, 2025 AACE-PSP Exam Crack Test Engine Dumps Training With 165 Questions
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AACE International is a professional organization that focuses on the advancement of cost engineering and project management. They offer various certifications for professionals in these fields, including the AACE-PSP (Planning & Scheduling Professional) certification. Planning & Scheduling Professional (PSP) Exam certification is designed to recognize individuals who have a comprehensive understanding of planning and scheduling concepts and can apply them effectively in their work.
AACE International is a globally recognized professional association for the management and development of cost and schedule professionals. The organization provides a variety of professional certifications, including the AACE-PSP (Planning & Scheduling Professional) certification, designed for professionals who specialize in project scheduling, planning, and control.
To obtain the AACE-PSP certification, candidates must meet specific educational and experience requirements, as well as pass a rigorous examination. AACE-PSP exam covers a broad range of topics, including cost estimating, planning and scheduling fundamentals, progress and performance measurement, risk management, and leadership in project management. Planning & Scheduling Professional (PSP) Exam certification validates a professional’s abilities to develop effective project schedules, analyze project performance, and communicate project status effectively with stakeholders. Additionally, certified professionals are required to maintain their certification through ongoing education and training, ensuring that they remain up-to-date with the latest advancements and best practices in their field.
NEW QUESTION # 96
During proofing of the product manual, a problem was discovered requiring 15 days additional time to affect a correction. How can the date of availability be maintained?
- A. Expedite Package Product by 5 days
- B. Expedite Draft Product Manual by 5 days
- C. Delay Manufacture Product by 5 days
- D. Delay Release for Manufacture by 5 days
Answer: B
NEW QUESTION # 97
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-compensable delay
- C. Compensable delay
- D. Non-excusable delay
Answer: B
NEW QUESTION # 98
Estimate to complete (ETC) is __________________.
- A. The expected total cost of an activity, group of activities or the project
- B. The value of the completed work expressed in terms of the budget assigned to that work
- C. The costs actually incurred in accomplishing the work performed
- D. The expected remaining cost needed to complete an activity, group of activities or the project
Answer: D
NEW QUESTION # 99
What is accurate about Activity 7001 in the precedence diagram?
- A. The TF is not calculated correctly
- B. The successor FF lag from 7001 to 11001 is not shown
- C. The LF is correct
- D. The LF is not correct
Answer: B
NEW QUESTION # 100
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. Black-Scholes model
- B. The Eichleay formula
- C. Historical production rates
- D. Time impact analysis
Answer: C
NEW QUESTION # 101
Why does activity 11001 not show successor activities?
- A. The early finish and late finish are circular
- B. It is the final activity for the required work for the project
- C. It is the penultimate work required for the project
- D. The scheduler forgot to add the successor activities
Answer: B
NEW QUESTION # 102
You are retained by a contractor who asks you to perform a simple as-planned versus as-built analysis (APAB) of a large hydro-electric dam project that took more than five years to complete. Your analysis will form the basis of a change order that requests a time extension. You suggest using a different methodology for quantifying the delay. Which of the following reasons for recommending a different analysis does NOT apply to a simple APAB analysis?
- A. Not suitable for complicated projects with multiple planned critical paths.
- B. Accuracy is increased by inserting delaying events into the as-planned schedule.
- C. Not suitable for projects with long durations.
- D. Less accurate as the analysis advances through the project.
Answer: B
NEW QUESTION # 103
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. 0 days.
- B. 5 days.
- C. 15 days.
- D. 10 days.
Answer: B
NEW QUESTION # 104
What is the remaining work duration of Active D?
- A. 4.
- B. 3.
- C. 0
- D. 8.
Answer: A
NEW QUESTION # 105
Theoretically construct a summary activity for activities 6001 through 6003. Identify the governing predecessor and successor activities for the hammock:
- A. Predecessor is activity 4001, successor is activity 8001
- B. Predecessor is activity 5001, successor is activity 8002
- C. Predecessor is activity 9001, successor is activity 9002
- D. Predecessor is activity 5001, successor is activity 8001
Answer: D
NEW QUESTION # 106
The addition of which of the following relationships would cause a logic loop?
- A. O C - J
- B. O F-I
- C. O l-C
- D. O H - D
Answer: C
NEW QUESTION # 107
Assuming activities 2001 through 2004 comprise the same WBS element, construct a WBS summary activity for activities 2001 through 2004. Use the normal schedule, what is the cost of the activity?
- A. $321.000
- B. $289.000
- C. $193,000
- D. $327,000
Answer: B
NEW QUESTION # 108
Which of the following is NOT required when initially planning a project?
- A. Logical relationships between the tasks.
- B. Resource Identification and leveling.
- C. A schedule that identifies tasks required on a project.
- D. The duration of each task.
Answer: B
NEW QUESTION # 109
Which is NOT an industry-recognized methodology for quantifying critical delay?
- A. Periodic Windows.
- B. Collapsed As-Built.
- C. Gantt Chart.
- D. Time Impact.
Answer: C
NEW QUESTION # 110
If the administrative constraints for developing the precedence diagram, as provided in the contract documents, indicate that no individual construction activities shall have a longer duration of two months, how many activities in the "normal" schedule would be affected?
- A. 12.
- B. 14.
- C. Cannot be determined.
- D. 13.
Answer: A
NEW QUESTION # 111
Which of the following statements is true?
- A. In the absence of contrary contractual language free float, as opposed to project float, there is not a shared commodity between the owner and the contractor
- B. In the absence of contrary contractual language total float, as opposed to tree float, there is a commodity belonging to the owner
- C. In the absence of contrary contractual language network float, as opposed to project float, there is a shared commodity between the owner and contractor
- D. In the absence of a contrary contractual language total float, as opposed to free float, there is a commodity belonging to the contractor
Answer: C
NEW QUESTION # 112
Which of the following project planning situations is the most frequent contributor to cost overruns?
- A. Inappropriate definition of work breakdown structure
- B. Inadequate definition of scope at the estimate (budget) stage
- C. Insufficient planning for change management
- D. lack of detailed planning for operational start-up
Answer: B
NEW QUESTION # 113
Determine the correct formula and date for the late finish for Activity 2002.
- A. LS of 2003 plus 1 day equaling to 07 Oct 2021
- B. LS of 2003 less 1 day equaling to 06 Nov 2021
- C. LS of 2003 less 1 day equaling to 05 Oct 2021
- D. LS of 2003 less 1 day equaling to 06 Oct 2021
Answer: C
NEW QUESTION # 114
What changes to logic would eliminate Activity B from the critical path?
- A. Add a SS 15 relationship from Activity A to Activity B and replace the relationship from Activity A to Activity B with FFO
- B. Replace the relationship from Activity A to Activity B with FFO and add an FSO relationship from Activity A to Activity C
- C. Reduce the lag value of the relationship from Activity A to Activity B from 5 to 0
- D. Replace the relationship from Activity B to Activity C with SSO
Answer: B
NEW QUESTION # 115
Which of the following are NOT considerations or constraints of the planning process for construction scheduling?
- A. Consideration of all stakeholders.
- B. Value engineering.
- C. Interest rate of owner's construction bonds.
- D. Project variables.
Answer: C
NEW QUESTION # 116
If after calculating a schedule an activity exhibits negative total float, which of the following is certain? The activity
- A. Has yet to be completed.
- B. Is a milestone.
- C. Was completed in the past.
- D. It is on the critical path.
Answer: A
NEW QUESTION # 117
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. Interview the project personnel for their perceptions and opinions because the schedule is usually inadequate.
- C. Use the forward-looking critical path of the most current updates.
- D. Use the progressed portion of the critical path of the baseline schedule.
Answer: D
NEW QUESTION # 118
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. 6 days
- B. 4 days
- C. 8 days
- D. 5 days
Answer: A
NEW QUESTION # 119
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: A
NEW QUESTION # 120
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