Aace PSP PDF

AACE International AACE-PSP
Planning & Scheduling Professional (PSP) Exam

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Question 1
Which of the following project planning situations is the most frequent contributor to cost
overruns?
Options:
A. lack of detailed planning for operational start-up
B. Insufficient planning for change management
C. Inappropriate definition of work breakdown structure
D. Inadequate definition of scope at the estimate (budget) stage
Answer: D
Question 2
Project delays are best analyzed
Options:
A. After either the contractor or the owner acknowledges ^responsibility for the delay.
B. Contemporaneously with the delay.
C. By an expert after the project is finished when complete records are available and the impact is
known.
D. Late in the project.
Answer: C
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Question 3
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?
Options:
A. 8 days
B. 6 days
C. 4 days
D. 5 days
Answer: B
Question 4
There is only enough room for a maximum of 4 cranes to be placed on-site. Assuming that a
single crane can perform 35 lifts per day and that a column pour requires 60 lifts, what is the
minimum number of tower cranes that should be used for the above described column pours?
Options:
A. 2 cranes
B. 1 crane
C. 4 cranes
D. 3 cranes
Answer: A
Question 5
Using the "crashed" schedule, if you start Activity 2002 on August 12, 2001, what is the finish
date for Activity 2002?
Options:
A. 09-28-01.
B. 09-08-01.
C. 09-15-01.
D. 09-18-01.
Answer: B
Question 6
Midway through the project you received an executed change order for this project, adding
thirty-three days to the contract for weather delays. In its simplest form, how would your next
project update display the changed condition?
Options:
A. After Activity 1000, add a new Activity 1050 with a start-to-start relationship to Activity 1000,
and
tie the end of this new activity with a finish-to-finish relationship to the final activity of the project.
B. After Activity 1000, add a new Activity 1010 with a finish-to-start relationship to Activity 1000,
and
tie the end of this new activity with a finish-to-start relationship to the final activity of the project.
C. After Activity 1001, add a new Activity 1011 with a finish-to-start relationship to Activity 1000,
and
tie the end of this new activity with a finish-to-start relationship to the final activity of the project.
Answer: C
Question 7
Determine the driving activity for Activity 10001.
Options:
A. Activity 11001.
B. Activity 10002.
C. Activity 9005.
D. There is no driving activity for Activity 10001 in the backward pass.
Answer: B
Question 8
If Activity E's duration changes to 4 months, what is the overall duration of the project.
Options:
A. 19 months.
B. 20 months.
C. 22 months.
D. 21 months.
Answer: B
Question 9
Determine the correct formula and date for the late start for the Activity 11001:
Options:
A. LF.1001 + DUR.10001 -> 01-14-04.
B. LF.11001 - Dur.11001 -> 01-16-04.
C. LF.11001 - 27 days + 1 day -> 01-14- 04.
D. LF.10001 + 1 day -> 01-16-04.
Answer: D
Question 10
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?
Options:
A. Use the progressed portion of the critical path of all the updates previous to the current update.
B. Use the progressed portion of the critical path of the baseline schedule.
C. Interview the project personnel for their perceptions and opinions because the schedule is
usually
inadequate.
D. Use the forward-looking critical path of the most current updates.
Answer: D
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AACE International AACE-PSP

Planning & Scheduling Professional (PSP) Exam

A. lack of detailed planning for operational start-up

B. Insufficient planning for change management

C. Inappropriate definition of work breakdown structure

D. Inadequate definition of scope at the estimate (budget) stage

B. Contemporaneously with the delay.

D. Late in the project.

D. There is no driving activity for Activity 10001 in the backward pass.

A. LF.1001 + DUR.10001 -> 01-14-04.

B. LF.11001 - Dur.11001 -> 01-16-04.

C. LF.11001 - 27 days + 1 day -> 01-14- 04.

D. LF.10001 + 1 day -> 01-16-04.

D. Use the forward-looking critical path of the most current updates.

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