AACE-PSP Practice Exam Tests Latest Updated on Sep-2021
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NEW QUESTION 51
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 52
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 53
Constraints control events or activities that __________________.
- A. May be over-ridden by activity logic.
- B. Affect only the backward pass.
- C. Affect only the forward pass.
- D. Are not based on project relationships.
Answer: A
NEW QUESTION 54
Using the "normal" schedule, given Activity 3001 and the relationship with Activity 4001, what is indicated?
- A. These activities are concurrent with Activity 4001 starting 15 days earlier than the start of Activity 3001.
- B. These activities are concurrent with Activity 4001 starting 15 days after the start of Activity 3001.
- C. The activities run concurrently.
- D. The activities occur in series with a 15-day lag.
Answer: D
NEW QUESTION 55
The amount of time that an activity can be delayed from its early start date without delaying project completion is called
- A. Negative float.
- B. Total float.
- C. Interfering float.
- D. Free float.
Answer: B
NEW QUESTION 56
What does the heavy, vertical line at "X" represent?
- A. International Date Line.
- B. Delay fault line.
- C. The status or data date.
- D. Change-over limits.
Answer: C
NEW QUESTION 57
Identify the minimum project duration.
- A. 20 months.
- B. 21 months.
- C. 16 months.
- D. 19 months.
Answer: A
NEW QUESTION 58
If all other work proceeds according to the Baseline plan, how many times will the critical path change?
- A. 1.
- B. 2.
- C. 3.
- D. Does not change.
Answer: D
NEW QUESTION 59
What is the workweek period for this project?
- A. Sunday through Saturday
- B. Sunday through Friday
- C. Monday through Saturday
- D. Monday through Friday
Answer: A
NEW QUESTION 60
Which of the following are NOT considerations or constraints of the planning process for construction scheduling?
- A. Consideration of all stakeholders.
- B. Value engineering.
- C. Project variables.
- D. Interest rate of owner's construction bonds.
Answer: D
NEW QUESTION 61
Assuming conventional finish-to-start relationships, to calculate a schedule retaining the existing logic means that
- A. There is no such thing.
- B. It is calculated using the original logic.
- C. An out-of-sequence activity cannot resume until all predecessors are finished.
- D. It is calculated using logic reflecting out-of-sequence progress.
Answer: B
NEW QUESTION 62
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 63
All the following describe the critical path of a schedule EXCEPT:
- A. Determined by network logic and is the chain of activities that controls the overall project completion time.
- B. Frequently defined as the shortest path through the schedule.
- C. Changed by redefining the network logic or changing activity durations or both.
- D. The series of activities having the least amount of total float.
Answer: B
NEW QUESTION 64
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 65
Each of the following accurately describes total float in a schedule EXCEPT:
- A. Can be positive or negative.
- B. The amount of time an activity can be delayed without delaying the start or occurrence of any other activity or event in the network.
- C. Computed for an activity by subtracting its early finish from its late finish, or its early start from its late start.
- D. The amount of time an activity can be delayed without delaying the overall project completion time.
Answer: B
NEW QUESTION 66
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 67
Determine the correct formula and date for the late finish for Activity 9004.
- A. LS.10002 + 1 day -> 11-29-03.
- B. LS.10002^ Lag.7 + i day -> 11-20-03.
- C. LS.10002 - Lag.7 - l day -> 11-20-03.
- D. LS.10002 - 1 day -> 11-27-03.
Answer: B
NEW QUESTION 68
Which of the following is NOT required when performing weekly or monthly schedule updates?
- A. Actual finish of activities.
- B. Percent complete.
- C. Original duration of activities.
- D. Remaining duration of activities.
Answer: D
NEW QUESTION 69
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 70
Management has determined the need to release the product 20 days earlier than planned. What tasks need to be expedited?
- A. Testing, Manufacturing and Packaging.
- B. Printing the Manual.
- C. Packaging only.
- D. Drafting and Proofing the Manual.
Answer: A
NEW QUESTION 71
How could the structural steel drawing delay have been prevented?
- A. Release the structural steel for fabrication concurrent with review of structural steel shop drawings.
- B. Switch to post-tensioned concrete construction.
- C. Add a time buffer at the end of structural steel activities.
- D. Allow adequate time for review and resubmittal in the baseline schedule.
Answer: C
NEW QUESTION 72
Which activity is drawn in the incorrect position?
- A. Activity D.
- B. Activity E.
- C. Activity C.
- D. Activity G.
Answer: A
NEW QUESTION 73
What owner action could have mitigated the late completion of the project?
- A. Use a procurement agent to monitor and expedite equipment deliveries.
- B. Prepare better structural steel drawings.
- C. Self-perform more of the work.
- D. Hire a more senior project manager.
Answer: A
NEW QUESTION 74
The sum of all budgets for work scheduled to be accomplished within a given time period is the
____________.
- A. Estimate at completion (EAC)
- B. Budget at completion (BAC)
- C. Budgeted cost of work scheduled (BCWS)
- D. Budgeted cost of work performed (BCWP)
Answer: B
NEW QUESTION 75
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