PDF (New 2024) Actual AACE International AACE-PSP Exam Questions
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NEW QUESTION # 68
Determine the correct formula and date for the late finish for Activity 2002.
- A. LS.2003 - 1 day -> 10-05-01.
- B. LS.2003 + 1 day -> 10-07-01.
- C. LS.2003 - 1 day -> 10-06-01.
- D. LS.2003 - 1 day -> 11.06.01.
Answer: A
NEW QUESTION # 69
Based on the stated costs, what percentage of the total cost comes from the 2000 series of activities?
- A. 8.6% (1 : 11.591)
- B. 9.1% (1 : 11.000).
- C. 2.3% (1 : 43.501).
- D. 3.9% (1 : 25.708)
Answer: C
NEW QUESTION # 70
Identify the late finish to develop plans and specs.
- A. 7 months.
- B. 10 months.
- C. 9 months.
- D. 8 months.
Answer: C
NEW QUESTION # 71
Why does activity 1001 have two successor activities?
- A. Because there are two defined logic paths for the work
- B. Because the duration of activities 2001, 2002 and 200.f require two successors
- C. Because the problem could not effectively work with only one successor
- D. Because the late finish of 1001 and the late start of 7001 require two successors
Answer: A
NEW QUESTION # 72
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-later constraint on the last activity
- B. Start-no-later constraint on the first activity
- C. Finish-no-earlier constraint on the last activity
- D. Finish-no-earlier constraint on the first activity
Answer: A
NEW QUESTION # 73
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. -20 calendar days.
- D. 0 calendar days.
Answer: B
NEW QUESTION # 74
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 # 75
Which activity is drawn in the incorrect position?
- A. Activity E.
- B. Activity G.
- C. Activity D.
- D. Activity C.
Answer: C
NEW QUESTION # 76
Using the "normal" schedule, what is the early finish date of activity 10002 and its total float?
- A. 12-18-03 and 25 days of float
- B. 12-17-03 and 4 days of float
- C. 12-27-03 and 24 days of float
- D. 12-18-03 and 4 days of float
Answer: B
NEW QUESTION # 77
Determine the driving activity for Activity 10001.
- A. There is no driving activity for Activity 10001 in the backward pass.
- B. Activity 9005.
- C. Activity 11001.
- D. Activity 10002.
Answer: D
NEW QUESTION # 78
Free float is the
- A. Amount of time the early start of an activity can be delayed without impacting the early start of the successor activity.
- B. Difference In float value of the critical path activities and the float value of the specific activity being analyzed.
- C. Difference between the early finish dates and late finish dates of an activity.
- D. Difference between the early dates and late dates of an activity.
Answer: A
NEW QUESTION # 79
Is activity 7001 pictured correctly in the precedence diagram?
- A. Yes, the duration is 48 days.
- B. No, the total float is not shown correctly.
- C. No, the start-to-start and finish-to-finish relationships are backwards.
- D. Yes, except the early finish date is not shown.
Answer: A
NEW QUESTION # 80
Determine the correct formula and date for the late start for the Activity 11001:
- A. LF.10001 + 1 day -> 01-16-04.
- B. LF.1001 + DUR.10001 -> 01-14-04.
- C. LF.11001 - 27 days + 1 day -> 01-14- 04.
- D. LF.11001 - Dur.11001 -> 01-16-04.
Answer: A
NEW QUESTION # 81
Which of the following is NOT true?
- A. Constraints can interfere with the longest path calculation.
- B. Remaining durations can exceed original durations.
- C. Multiple calendars can affect the total float calculation.
- D. A network must contain only one Critical Path.
Answer: B
NEW QUESTION # 82
If Activity E's duration changes to 4 months, what is the overall duration of the project.
- A. 21 months.
- B. 22 months.
- C. 19 months.
- D. 20 months.
Answer: D
NEW QUESTION # 83
What is the remaining work duration of Active D?
- A. 0
- B. 3.
- C. 8.
- D. 4.
Answer: D
NEW QUESTION # 84
If all other work proceeds according to the Baseline plan, how many times will the critical path change?
- A. 3.
- B. 1.
- C. Does not change.
- D. 2.
Answer: C
NEW QUESTION # 85
You are developing a detailed critical path schedule for a proposed petrochemical plant. The schedule will become a part of the project baseline document, which will be sent to the company's board of directors for its consideration. What document or resource is likely to be MOST valuable in determining the schedule's work activity durations?
- A. The cost estimate for the plant prepared by your firm's estimating department.
- B. Industry publications.
- C. Critical path schedules prepared by you for similar completed projects.
- D. The Petrochemical Industry New Plant Task Duration Handbook.
Answer: C
NEW QUESTION # 86
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-excusable delay
- C. Non-compensable delay
- D. Compensable delay
Answer: C
NEW QUESTION # 87
How could the structural steel drawing delay have been prevented?
- A. Switch to post-tensioned concrete construction.
- B. Add a time buffer at the end of structural steel activities.
- C. Allow adequate time for review and resubmittal in the baseline schedule.
- D. Release the structural steel for fabrication concurrent with review of structural steel shop drawings.
Answer: B
NEW QUESTION # 88
Crane operators require 1 hour prep and 1 hour clean-up and inspection per day. There is only 1 crane operator allocated per crane. Crane operators are not allowed to work more than 8 hours a day. Lunchtime break lasts 1 hour. Assuming a 10 minute cycle time, how many lifts per day can be expected?
- A. 48 lifts
- B. 30 lifts
- C. 24 lifts
- D. 36 lifts
Answer: D
NEW QUESTION # 89
For which of these delays should an owner grant a time extension?
- A. Shop drawings and centrifuge delay.
- B. Structural steel shop drawings.
- C. Differing site conditions and centrifuge delay.
- D. Differing site conditions at parking structure.
Answer: D
NEW QUESTION # 90
At the end of month one, did the delay to the parking structure foundation delay the project?
- A. Yes, by 14 calendar days.
- B. Yes, by 9 calendar days.
- C. Yes, by 4 calendar days.
- D. NO.
Answer: C
NEW QUESTION # 91
Each of the following accurately describes total float in a schedule EXCEPT:
- A. The amount of time an activity can be delayed without delaying the overall project completion time.
- B. Can be positive or negative.
- C. The amount of time an activity can be delayed without delaying the start or occurrence of any other activity or event in the network.
- D. Computed for an activity by subtracting its early finish from its late finish, or its early start from its late start.
Answer: C
NEW QUESTION # 92
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