[Aug-2021] Updated AACE Certification AACE-PSP Exam Questions BUNDLE PACK
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NEW QUESTION 38
Which of the following project planning situations is the most frequent contributor to cost overruns?
- A. Inappropriate definition of work breakdown structure
- B. Inadequate definition of scope at the estimate (budget) stage
- C. lack of detailed planning for operational start-up
- D. Insufficient planning for change management
Answer: B
NEW QUESTION 39
In its simplest form, what is the main drawback of critical path method scheduling?
- A. It requires a backward pass to calculate late dates.
- B. It assumes that resources are unlimited.
- C. It allows for Precedence Diagramming Method to be used in place of Arrow Diagramming Method.
- D. It doesn't account for interdependent between activities.
Answer: B
NEW QUESTION 40
Using the "normal" schedule, what is the early finish date of activity 10002 and its total float?
- A. 12-17-03 and 4 days of float
- B. 12-18-03 and 25 days of float
- C. 12-18-03 and 4 days of float
- D. 12-27-03 and 24 days of float
Answer: A
NEW QUESTION 41
Activity C is a
- A. Continuous activity.
- B. Milestone.
- C. Contentious activity.
- D. 1-day activity.
Answer: B
NEW QUESTION 42
What is the actual duration as of the status date or data date of Activity B?
- A. 7.
- B. 3.
- C. 0.
- D. 4.
Answer: B
NEW QUESTION 43
What is a key first step in developing a critical path method schedule?
- A. Drawing the logic diagram.
- B. Drawing a bar chart of the key phrases of the work.
- C. Setting out the resource to be used and its limitations.
- D. Defining the execution plan to meet the required scope of work.
Answer: A
NEW QUESTION 44
Which of the following types of delay will NOT result in a time extension and additional compensation for a contractor?
- A. Compensable delay
- B. Excusable delay
- C. Non-compensable delay
- D. Non-excusable delay
Answer: C
NEW QUESTION 45
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 5001, successor is activity 8002
- C. Predecessor is activity 4001, successor is activity 8001
- D. Predecessor is activity 9001, successor is activity 9002
Answer: A
NEW QUESTION 46
During proofing of the product manual, a problem was discovered requiring 15 days additional time to effect a correction. How can the date of availability be maintained?
- A. Expedite packaging by 5 days.
- B. Delay manufacturing by 5 days.
- C. Delay product release by 5 days.
- D. Expedite printing by 5 days.
Answer: C
NEW QUESTION 47
Which of the following documents is most likely to be of the LEAST value to a planner/scheduler when planning a contractor's baseline critical path schedule for the construction of a large high-clearance bridge located very near an airport? The contractor has been awarded the contract.
- A. The regulations published by the government aviation agency
- B. The project geotechnical report
- C. The government's report on future high-clearance bridge projects
- D. The project plans and specifications
Answer: C
NEW QUESTION 48
The activity with the most total float is:
- A. Activity D.
- B. Activity I.
- C. Activity C.
- D. Activity F.
Answer: B
NEW QUESTION 49
A driving relationship is _____________________.
- A. A finish-to-start relationship.
- B. A critical relationship.
- C. The link between two related activities.
- D. The link between a predecessor and the activity whose dates it controls.
Answer: D
NEW QUESTION 50
For the late finish for Activity 11001, select the most appropriate response for transitioning from the forward pass.
- A. LS.11001 + 25 days.
- B. EF.11001.
- C. 02-19-04.
- D. EF.11001 + 1 day.
Answer: C
NEW QUESTION 51
What activities are concurrent to Activity 2001 in the "normal" schedule?
- A. 1000.
- B. 1001.
- C. 7001.
- D. 2003.
Answer: C
NEW QUESTION 52
Determine the driving activity for Activity 10001.
- A. There is no driving activity for Activity 10001 in the backward pass.
- B. Activity 10002.
- C. Activity 11001.
- D. Activity 9005.
Answer: B
NEW QUESTION 53
Which of the following will NOT affect the total float calculation of a non-resource leveled schedule?
- A. Front end loading.
- B. Multiple calendars.
- C. Preferential logic.
- D. Start and finish constraints.
Answer: A
NEW QUESTION 54
Under which circumstance should one perform resource-leveling calculations?
- A. When the schedule is resource-loaded.
- B. When the contract contains a provision for float-banking.
- C. When you believe that known resource limitations may override schedule logic.
- D. Never, unless required by the contract.
Answer: C
NEW QUESTION 55
Which of the following phases does NOT describe the commonly accepted construction life cycle?
- A. Claims and disputes phase.
- B. Turnover and start-up phase.
- C. Planning and design phase.
- D. Installation phase.
Answer: C
NEW QUESTION 56
If a detailed estimate is NOT available to assist in the formulation of activity durations but unit quantities have been identified, what information can be utilized to estimate work package/activity durations?
- A. Historical production rates
- B. Black-Scholes model
- C. Time impact analysis
- D. The Eichleay formula
Answer: A
NEW QUESTION 57
What is the relationship depicted between Activity G and Activity H?
- A. Finish-to-finish.
- B. Start-to-start.
- C. Finish-to-start.
- D. You cannot tell with the supplied information.
Answer: B
NEW QUESTION 58
When resource leveling craft labor for a critical path schedule, the scheduler
- A. Can depend on the results of the resource leveling operation to reflect a useful realignment of all schedule activities without 'further analysis.
- B. Need only consider the non-union crafts persons.
- C. Need not consider its effects, as it is a theoretical concept with limited application to construction projects.
- D. Must consider breaks in continuity of work for subcontractors, thereby possibly incurring additional subcontractor mobilization and demobilization costs.
Answer: A
NEW QUESTION 59
Of the following update procedures, which is the least important in achieving an accurate forecast for completion of a construction schedule?
- A. Estimating remaining durations of activities.
- B. The correct recording of actual start dates.
- C. Entering the time impacts of delays and change orders.
- D. Making "downstream" logic revisions as required.
Answer: D
NEW QUESTION 60
Determine the correct formula and date for the late start for Activity 9001.
- A. LF.9001 Dur.9001 -> 11-20-02.
- B. The early finish is required in order to determine the answer.
- C. There is insufficient data provided to calculate the answer.
- D. LS.6001 Dur.6001 -> 11-20-02.
Answer: A
NEW QUESTION 61
Each column must be poured in one day. Each column requires 2,000 cubic feet of concrete. The lift bucket has a capacity of 40 cubic feet. How many lifts will be required per column pour?
- A. 20 lifts
- B. 80 lifts
- C. 50 lifts
- D. 5 lifts
Answer: C
NEW QUESTION 62
What is the result of a forward pass calculation?
- A. Critical path
- B. Value of free float for individual activities
- C. Early start and early finish date for individual activities
- D. Value of total float for individual activities
Answer: C
NEW QUESTION 63
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