[Jan-2022] AACE-PSP Certification with Actual Questions from GuideTorrent
Updated AACE-PSP Dumps PDF - AACE-PSP Real Valid Brain Dumps With 120 Questions!
How to book the Planning & Scheduling Professional (PSP) Exam
Follow the steps mentioned below to book the Planning & Scheduling Professional (PSP) Exam:
- Step 1: Visit the AACE's website by clicking here
- Step 2: Create a new account or log in to an existing account
- Step 3: Select your professional exam
- Step 4: Complete the required course and take PSP practice test
- Step 5: Fill the application and submit all required documents
- Step 6: Schedule your exam by following the instructions on the website
For more info read reference:
NEW QUESTION 17
Which of the following project planning situations is the most frequent contributor to cost overruns?
- A. Inadequate definition of scope at the estimate (budget) stage
- B. Insufficient planning for change management
- C. lack of detailed planning for operational start-up
- D. Inappropriate definition of work breakdown structure
Answer: A
NEW QUESTION 18
Budgeted cost of work scheduled is _______________________.
- A. The expected total cost of an activity, group of activities or the project
- B. The sum of all budgets for work scheduled to be accomplished within a given time period
- 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 19
Which of the following is NOT required when performing weekly or monthly schedule updates?
- A. Remaining duration of activities.
- B. Actual finish of activities.
- C. Percent complete.
- D. Original duration of activities.
Answer: A
NEW QUESTION 20
Which of the following is NOT true?
- A. Remaining durations can exceed original durations.
- B. A network must contain only one Critical Path.
- C. Multiple calendars can affect the total float calculation.
- D. Constraints can interfere with the longest path calculation.
Answer: A
NEW QUESTION 21
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.
Answer: D
NEW QUESTION 22
What is the primary difference between the arrow diagramming method (ADM) and the precedence diagramming method (PDM)?
- A. PDM is a bar chart with network logic, while ADM is a pure logic network.
- B. ADM is manual CPM calculations, while PDM is computerized.
- C. ADM uses arrows, while PDM uses boxes.
- D. ADM is limited to finish-to-start logic relationships, while PDM is not.
Answer: D
NEW QUESTION 23
What owner action could have mitigated the late completion of the project?
- A. Self-perform more of the work.
- B. Hire a more senior project manager.
- C. Prepare better structural steel drawings.
- D. Use a procurement agent to monitor and expedite equipment deliveries.
Answer: D
NEW QUESTION 24
Which letter of the alphabet best approximates the graphical shape of a project's cumulative cost baseline, or budgeted cost of work scheduled?
- A. B.
- B. W.
- C. S.
- D. C.
Answer: C
NEW QUESTION 25
What is the workweek period for this project?
- A. Monday through Friday
- B. Monday through Saturday
- C. Sunday through Friday
- D. Sunday through Saturday
Answer: D
NEW QUESTION 26
Using the "normal" schedule, theoretically construct a hammock for activities 2001 through 2004. What is the duration of the hammock?
- A. 168 days
- B. 193 days
- C. 91 days
- D. 183 days
Answer: D
NEW QUESTION 27
What is the actual duration as of the status date or data date of Activity B?
- A. 4.
- B. 0.
- C. 7.
- D. 3.
Answer: D
NEW QUESTION 28
At a minimum, periodic reporting must be done at what interval?
- A. Monthly.
- B. As requested by the owner.
- C. As requested by the project manager.
- D. As specified in the contract documents.
Answer: D
NEW QUESTION 29
What was the original planned duration for Activity A through Activity G?
- A. 25.
- B. 26.
- C. 28.
- D. 24.
Answer: C
NEW QUESTION 30
What is a key first step in developing a critical path method schedule?
- A. Defining the execution plan to meet the required scope of work.
- B. Setting out the resource to be used and its limitations.
- C. Drawing the logic diagram.
- D. Drawing a bar chart of the key phrases of the work.
Answer: C
NEW QUESTION 31
For which of these delays should an owner grant a time extension?
- A. Shop drawings and centrifuge delay.
- B. Differing site conditions and centrifuge delay.
- C. Structural steel shop drawings.
- D. Differing site conditions at parking structure.
Answer: D
NEW QUESTION 32
At the end of month one, did the delay to the parking structure foundation delay the project?
- A. Yes, by 9 calendar days.
- B. Yes, by 14 calendar days.
- C. NO.
- D. Yes, by 4 calendar days.
Answer: D
NEW QUESTION 33
Using the "normal" schedule, theoretically construct a hammock for activities 6001-6003. What is the duration of the hammock?
- A. 267 days
- B. 255 days
- C. 362 days
- D. 407 days
Answer: D
NEW QUESTION 34
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. 24 lifts
- B. 30 lifts
- C. 48 lifts
- D. 36 lifts
Answer: D
NEW QUESTION 35
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 start or occurrence of any other activity or event in the network.
- B. The amount of time an activity can be delayed without delaying the overall project completion time.
- C. Can be positive or negative.
- D. Computed for an activity by subtracting its early finish from its late finish, or its early start from its late start.
Answer: A
NEW QUESTION 36
The expected remaining cost needed to complete an activity, group of activities or the project is the____________.
- A. Estimate at completion (EAC)
- B. Estimate to complete (ETC)
- C. Budgeted cost of work performed (BCWP)
- D. Budget at completion (BAC)
Answer: B
NEW QUESTION 37
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