[2022] Use Valid New Free AACE-PSP Exam Dumps & Answers

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NEW QUESTION 22
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 23
At a minimum, periodic reporting must be done at what interval?

• A. Monthly.
• B. As requested by the project manager.
• C. As requested by the owner.
• D. As specified in the contract documents.

Answer: D

 

NEW QUESTION 24
Time-scaled logic diagrams are

• A. Logic networks that are drawn to match the calendar.
• B. Only calculated using a computer.
• C. The same as a pure-logic diagram.
• D. Used to calculate the most probable activity duration.

Answer: A

 

NEW QUESTION 25
The sum of all budgets for work scheduled to be accomplished within a given time period is the
____________.

• A. Estimate at completion (EAC)
• B. Budgeted cost of work scheduled (BCWS)
• C. Budget at completion (BAC)
• D. Budgeted cost of work performed (BCWP)

Answer: C

 

NEW QUESTION 26
In its simplest form, what is the main drawback of critical path method scheduling?

• A. It assumes that resources are unlimited.
• B. It allows for Precedence Diagramming Method to be used in place of Arrow Diagramming Method.
• C. It requires a backward pass to calculate late dates.
• D. It doesn't account for interdependent between activities.

Answer: A

 

NEW QUESTION 27
Based on the stated costs, what percentage of the total cost comes from the 2000 series of activities?

• A. 3.9% (1 : 25.708)
• B. 2.3% (1 : 43.501).
• C. 8.6% (1 : 11.591)
• D. 9.1% (1 : 11.000).

Answer: B

 

NEW QUESTION 28
Determine the correct formula and date for the late finish for Activity 2001.

• A. LF.2001 - 1 day -> 08-28-01.
• B. LS.2002 - 1 day -> 08-28-01.
• C. LS.2002- 1 day-> 08-29-01.
• D. LS.2002 + 1 day -> 08-30-01.

Answer: B

 

NEW QUESTION 29
Which of the following are NOT normally included in the project scope statement, either directly or by reference?

• A. Project objectives in terms of cost, schedule and quality measures
• B. Project contract between the contractor and owner
• C. Project deliverables
• D. Project justification

Answer: D

 

NEW QUESTION 30
Which of the following are NOT considerations or constraints of the planning process for construction scheduling?

• A. Project variables.
• B. Interest rate of owner's construction bonds.
• C. Consideration of all stakeholders.
• D. Value engineering.

Answer: B

 

NEW QUESTION 31
What owner action could have mitigated the late completion of the project?

• A. Hire a more senior project manager.
• B. Use a procurement agent to monitor and expedite equipment deliveries.
• C. Self-perform more of the work.
• D. Prepare better structural steel drawings.

Answer: B

 

NEW QUESTION 32
If drafting of the product manual overruns its planned duration by 5 days, how many days may the manufacturing be delayed without affecting release of the product?

• A. 10 days.
• B. 0 days.
• C. 5 days.
• D. 15 days.

Answer: B

 

NEW QUESTION 33
Which of the following will NOT affect the total float calculation of a non-resource leveled schedule?

• A. Front end loading.
• B. Preferential logic.
• C. Multiple calendars.
• D. Start and finish constraints.

Answer: A

 

NEW QUESTION 34
The expected remaining cost needed to complete an activity, group of activities or the project is the____________.

• A. Estimate to complete (ETC)
• B. Estimate at completion (EAC)
• C. Budget at completion (BAC)
• D. Budgeted cost of work performed (BCWP)

Answer: A

 

NEW QUESTION 35
Activity durations are normally estimated in an intuitive and subjective way. All of the following will improve duration accuracy EXCEPT

• A. Use gross building square footages. The pluses and minuses all average out.
• B. Look at each activity independently and don't follow specific logic paths when assigning activity durations.
• C. Use the people responsible for performing the work as a resource to assign activity durations.
• D. Divide activities into smaller activities. This will increase activity detail and duration estimate accuracy.

Answer: A

 

NEW QUESTION 36
Which of the following phases does NOT describe the commonly accepted construction life cycle?

• A. Claims and disputes phase.
• B. Planning and design phase.
• C. Installation phase.
• D. Turnover and start-up phase.

Answer: B

 

NEW QUESTION 37
What is the cycle time?

• A. 14 minutes
• B. 5 minutes
• C. 6 minutes
• D. 17 minutes

Answer: D

 

NEW QUESTION 38
Assuming a total of 30 lifts per crane per day, what is the maximum number of lifts that could be accomplished using 3 small tower cranes over a 5-day period?

• A. 150 lifts
• B. 45 lifts
• C. 450 lifts
• D. 300 lifts

Answer: C

 

NEW QUESTION 39
By subtracting a measured unit productivity rate during an impacted period from the unit productivity rate during an unimpacted period, the resulting value represents:

• A. Production output.
• B. Acceleration.
• C. Productivity loss.
• D. Productivity efficiency.

Answer: C

 

NEW QUESTION 40
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. 5 days.
• C. 0 days.
• D. 15 days.

Answer: B

 

NEW QUESTION 41
In order for a claimant to be entitled to an extension of contract time for a delay event (and further to be considered compensable):

• A. The delay must affect the contractor's planned construction schedule.
• B. The delay must not cause monetary harm to the defendant.
• C. The delay must affect the critical path.
• D. The delay must be concurrent with the delay attributable to both parties.

Answer: C

 

NEW QUESTION 42
What does the narrow band at "Y" represent?

• A. A rework period.
• B. You cannot tell with the information supplied.
• C. Resource limitation period.
• D. Activity inactivity.

Answer: D

 

NEW QUESTION 43
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 projects with long durations.
• B. Not suitable for complicated projects with multiple planned critical paths.
• C. Less accurate as the analysis advances through the project.
• D. Accuracy is increased by inserting delaying events into the as-planned schedule.

Answer: D

 

NEW QUESTION 44
What is the primary difference between the arrow diagramming method (ADM) and the precedence diagramming method (PDM)?

• A. ADM is limited to finish-to-start logic relationships, while PDM is not.
• B. PDM is a bar chart with network logic, while ADM is a pure logic network.
• C. ADM uses arrows, while PDM uses boxes.
• D. ADM is manual CPM calculations, while PDM is computerized.

Answer: A

 

NEW QUESTION 45
What is a key first step in developing a critical path method schedule?

• A. Setting out the resource to be used and its limitations.
• B. Drawing a bar chart of the key phrases of the work.
• C. Drawing the logic diagram.
• D. Defining the execution plan to meet the required scope of work.

Answer: C

 

NEW QUESTION 46
......

What is the duration, language, and format of the Planning & Scheduling Professional (PSP) Exam

• Total questions: 119
• Passing score: 70%
• Format: Multiple choice, compound, scenario questions + 1 memo writing assignment
• Language of Exam: English
• Duration of Exam: 5 hours

 

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