Easily To Pass New AACE-PSP Verified & Correct Answers [Jan 07, 2025

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Who should take the Planning & Scheduling Professional (PSP) Exam

This certification PSP exam test is intended for individuals with an advanced project planning experience and the production, tracking, updating, forecasting, and analysis of integrated project schedules. People who wish to be a part of AACE and lead the planning and scheduling process of their Total Cost Management framework are highly encouraged to take the exam. Before applying for this certification, applicants must have at least 8 years of related experience in the industry. Candidates with 4 years of industry experience can also apply for the exam if they have completed at least 4 years of a college degree in the same field in the past. For eligibility, applicants must adhere to AACE's Canons of Ethics.

 

NEW QUESTION # 20
Theoretically construct a summary activity for activities 6001 through 6003. Identify the governing predecessor and successor activities for the hammock:

• A. Predecessor is activity 5001, successor is activity 8001
• B. Predecessor is activity 9001, successor is activity 9002
• C. Predecessor is activity 5001, successor is activity 8002
• D. Predecessor is activity 4001, successor is activity 8001

Answer: A

NEW QUESTION # 21
What does the heavy, vertical line at "X" represent?

• A. Delay fault line.
• B. The status or data date.
• C. Change-over limits.
• D. International Date Line.

Answer: B

NEW QUESTION # 22
Assuming conventional finish-to-start relationships, to calculate a schedule retaining the existing logic means that

• A. An out-of-sequence activity cannot resume until all predecessors are finished.
• B. It is calculated using the original logic.
• C. There is no such thing.
• D. It is calculated using logic reflecting out-of-sequence progress.

Answer: B

NEW QUESTION # 23
What does the narrow band at "Y" represent?

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

Answer: C

NEW QUESTION # 24
Using the "normal" schedule, theoretically construct a hammock for activities 6001-6003. What is the duration of the hammock?

• A. 267 days
• B. 407 days
• C. 362 days
• D. 255 days

Answer: B

NEW QUESTION # 25
Which statement is true?

• A. Where compensability can be established, excusabltity cannot be assumed.
• B. Where compensability cannot be established, excusability is a given.
• C. Where compensability cannot be established, excusability is assumed.
• D. Where compensability can be established, excusability is assumed.

Answer: C

NEW QUESTION # 26
As a change to the network for the current update, activity 6002 is required to begin ten days after the beginning of activity 6001. Which is the simplest logic organization?

• A. A start-to-start relationship with a ten-day lag assigned to activity 6001; activity 6002 will be dependent on activity 6001
• B. A finish-to-start relationship with a ten-day lag assigned to activity 6002; activity 6001 will be dependent on activity 6002
• C. A start-to-start to relationship for both activities 6001 and 6002 with a ten-day lag assigned to activity
  6002.
• D. A start-to-finish relationship with both activities 6001 and 6002 having a ten-day lag

Answer: B

NEW QUESTION # 27
Project delays are best analyzed

• A. After either the contractor or the owner acknowledges ^responsibility for the delay.
• B. Late in the project.
• C. Contemporaneously with the delay.
• D. By an expert after the project is finished when complete records are available and the impact is known.

Answer: D

NEW QUESTION # 28
The linear scheduling velocity diagram has the following two-axis:

• A. Location and crew size
• B. Time and rate of progress
• C. Time and location
• D. Time and crew size

Answer: B

NEW QUESTION # 29
Time-scaled logic diagrams are

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

Answer: A

NEW QUESTION # 30
What is the cycle time?

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

Answer: D

NEW QUESTION # 31
Theoretically construct a summary activity for activities 2001 through 2004. Using the "normal" schedule, what is the cost of the hammock?

• A. $139,000
• B. $299,000
• C. $289,000
• D. $271,000

Answer: C

NEW QUESTION # 32
Project schedules help control all of the following EXCEPT for_____________________.

• A. Quality
• B. Cost
• C. Time
• D. Resources

Answer: A

NEW QUESTION # 33
Which of the following is NOT input data to the construction planning process?

• A. Bonding capacity of subcontractors
• B. Input from the owner
• C. The contract
• D. Input from the contractor

Answer: A

NEW QUESTION # 34
Determine the driving activity for Activity 10001.

• A. Activity 10002.
• B. Activity 11001.
• C. There is no driving activity for Activity 10001 in the backward pass.
• D. Activity 9005.

Answer: A

NEW QUESTION # 35
If after calculating a schedule an activity exhibits negative total float, which of the following is certain? The activity

• A. Was completed in the past.
• B. Is a milestone.
• C. It is on the critical path.
• D. Has yet to be completed.

Answer: D

NEW QUESTION # 36
Of the following update procedures, which is the least important in achieving an accurate forecast for completion of a construction schedule?

• A. Making "downstream" logic revisions as required.
• B. Entering the time impacts of delays and change orders.
• C. Estimating remaining durations of activities.
• D. The correct recording of actual start dates.

Answer: A

NEW QUESTION # 37
Which of the following is NOT true?

• A. Constraints can interfere with the longest path calculation.
• B. Multiple calendars can affect the total float calculation.
• C. A network must contain only one Critical Path.
• D. Remaining durations can exceed original durations.

Answer: D

NEW QUESTION # 38
Determine the correct formula and date for the late start for Activity 9001.

• A. The early finish is required in order to determine the answer.
• B. LS.6001 Dur.6001 -> 11-20-02.
• C. LF.9001 Dur.9001 -> 11-20-02.
• D. There is insufficient data provided to calculate the answer.

Answer: C

NEW QUESTION # 39
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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.

 

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