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AACE International PSP Dumps

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Total 216 questions

Planning & Scheduling Professional (PSP) Exam Questions and Answers

Question 1

Using the normal schedule, what is the owner's total cost of the project?

Options:

A.

S13.990.600

B.

S12.990.000

C.

S13.102.900

D.

S12.953.600

Question 2

Which of the following parties is NOT a stakeholder of the Spring Highway project?

Options:

A.

ALPHA

B.

GOUGE

C.

BILCO

D.

DEVCO

Question 3

The primary determination of schedule detail is:

Options:

A.

The frequency of update periods

B.

The contract specifications

C.

The staffing of planners and schedulers

D.

The number of subcontractors working on a work package

Question 4

The congested site only has room for 3 cranes to operate concurrently. Only 1.75 cubic yard ICY] or1.34 cubic meter [CM] concrete buckets are available. Each crane can perform up to 35 lifts per day. Assuming a total of 30 lifts per crane pet day. what is the maximum volume of concrete that could be placed using 3 small tower cranes over a 5-day period?

Options:

A.

263 CY

B.

368 CM

C.

201 CY

D.

306 CY

Question 5

Which of the following is NOT required when performing weekly or monthly schedule updates?

Options:

A.

Percent complete.

B.

Remaining duration of activities.

C.

Actual finish of activities.

D.

Original duration of activities.

Question 6

Select the most appropriate explanation for use of a winter/wet weather seasonal calendar for use in this project?

Options:

A.

to highlight a time when there are more holidays and work therefore will be slower and there will be more absenteeism

B.

to denote a time during which work may not progress as fast as planned and cost and risk may be elevated

C.

to provide a key to co-a weather for safety meetings

D.

to show a difference in the calendar year

Question 7

If Activity A was delayed 5 days from starting, which of the following adjustments will NOT maintain the completion date of Activity C at Day 40?

Options:

A.

Reduce the duration of 'A' from 20 days to 10 days and replace the relationship from B' to 'C with FSO.

B.

Replace the relationship from 'B’ to 'C’ with SSO

C.

Reduce the duration of B" from 10 days to 5 days by compressing work effort

Question 8

NO: 98

The activity with the most total float is:

as

Options:

A.

Activity I.

B.

Activity C.

C.

Activity F.

D.

Activity D.

Question 9

The characteristic of the precedence diagramming method that models construction projects differently than the arrow diagramming method is that it____________.

Options:

A.

uses arrows to signify logic in a network

B.

allows more than one critical path to be represented

C.

can be used to calculate the late start and late finish of all activities

D.

allows multiple relationship types to be associated with activities

Question 10

Should you verify the as-built schedule before proceeding with a schedule analysis?

Options:

A.

Yes, every dale needs to be verified but to not waste client money it should be restricted to just a few dates

B.

Yes. the accuracy of the analysis depends on the accuracy of the dates

C.

No. the contractor/owner dates should be reliable

D.

No the analysis should use the dates provided

Question 11

An early start constraint dictates

Options:

A.

An activity's remaining duration.

B.

The planned start of a successor activity

C.

The planned start of an activity.

D.

The actual start of an activity.

Question 12

If a new hammock activity covering activities 6001 through 6003 is developed, what are governing predecessor and successor activities?

Options:

A.

Predecessor is Activity 4001. successor is Activity 9004

B.

Predecessor is Activity 8001, successor is Activity 5001

C.

Predecessor is Activity 5001, successor is Activity 8001

D.

Predecessor is Activity 4001, successor is Activity 9003

Question 13

When are project planning and scheduling specifications established?

Options:

A.

Before me NTP

B.

Before the tendering documents are finalized

C.

After the bid price is accepted

D.

During the bidding process

Question 14

Using a 1.75 cubic yard [1.34 cubic meter] bucket, how many lifts does it take to pour each 2.000-cubic foot [56.64 cubic meter] column?

Options:

A.

30 lifts

B.

133 lifts

C.

42 lifts

D.

60 lifts

Question 15

Based on the available scope information and required accuracy, different cost estimated models or methodologies are utilized Which of the following statements is NOT true?

Options:

A.

The Deterministic model is used when Class 3 through 1 estimates are required

B.

The Parametric model is used when Class 5 or Class 4 estimates are required

C.

The Deterministic model is used when Class 5 through 3 estimated are required

D.

The Parametric model is used when detailed quantities are not known

Question 16

Value engineering is:

Options:

A.

targeted at the design itself

B.

intended to provide the least life-cycle cost

C.

established to provide the greatest value

D.

intended to determine if the project will be completed economically

Question 17

The Cost Estimate is NOT developed to:

Options:

A.

quantify cost, and price the resources required by the Scope of Work

B.

predict uncertain future costs

C.

providing the basis for budgets

D.

determine the project performance goals

Question 18

Which activity is drawn in the incorrect position?

as

Options:

A.

Activity G.

B.

Activity E.

C.

Activity C.

D.

Activity D.

Question 19

Assuming that you had only one crane capable of 30 lifts per day, 3 column pours requiring 28 lifts each, plus associated assorted work requiring an additional 150 lifts, what is the minimum planned working duration for this work?

as

Options:

A.

8 work days

B.

18 work days

C.

7 work days

D.

15 workdays

Question 20

Which of the following procedures is generally recognized as acceptable when updating a schedule?

Options:

A.

Report an actual date when the activity is on a non-work calendar for that date

B.

Change a previously reported actual date

C.

Change the WBS assignment for an activity

D.

Change a calculated date in the future

Question 21

A KPI is an acronym for:

Options:

A.

Key Planning Index

B.

Known Planning Impediments

C.

Keep Parameter Integrity

D.

Key Performance Indicator

Question 22

Scenario: You are providing construction management services for a small office building project. Your duties include reviewing and approving the contractor's baseline schedule. The contractor has submitted the first baseline schedule for the project.

The contractor subsequently submits a CPM schedule for its baseline schedule submittal. As part of your review, you look at the durations for each activity in the schedule. How do you determine if a duration of 10 work days for drywall installation is accurate?

Options:

A.

The duration for drywall installation should De proportional to how critical the activity is

B.

Review the drywall quantity, methods and location with the project superintendent to determine a reasonable duration

C.

Review the location of drywall work in the contract drawings

D.

Divide the quantity of drywall by the construction crew's dairy production rate for this work

Question 23

SUBCO is a potential concrete bridge contractor based in a metropolitan area 300 miles away from your project. They have offered to supply manpower and equipment t BILCO at a per diem rate of $3,000 above their direct labor and equipment rates. In doing a cost benefit analysis, which of the following is NOT a consideration?

Options:

A.

SUBCO direct labor and equipment rates

B.

BILCO liquidated damages in the SDOT contract

C.

Pending negotiations with GOUGE.

D.

The distance of SUBCO to your project

Question 24

In the "normal" schedule, excluding Activity 1000, what activity(s) are concurrent with Activity 3001?

as

Options:

A.

2003 and 7001.

B.

2004.

C.

4001, 5001 and 6001.

D.

4001 and 5001.

Question 25

A good change management plan___________.

Options:

A.

is provided to stakeholders after it is created

B.

is detailed during the planning phase

C.

tracks minor decisions

D.

involves only the project controls team

Question 26

You are developing a detailed critical path schedule for a proposed petrochemical plant. The schedule will become a part of the project baseline document, which will be sent to the company's board of directors for its consideration. What document or resource is likely to be MOST valuable in determining the schedule's work activity durations?

Options:

A.

Industry publications.

B.

Critical path schedules prepared by you for similar completed projects.

C.

The Petrochemical Industry New Plant Task Duration Handbook.

D.

The cost estimate for the plant prepared by your firm's estimating department.

Question 27

: 20

Constraints control events or activities that __________________.

Options:

A.

Affect only the forward pass.

B.

Are not based on project relationships.

C.

Affect only the backward pass.

D.

May be over-ridden by activity logic.

Question 28

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?

Options:

A.

The Eichleay formula

B.

Historical production rates

C.

Time impact analysis

D.

Black-Scholes model

Question 29

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

Options:

A.

Consideration of all stakeholders.

B.

Value engineering.

C.

Project variables.

D.

Interest rate of owner's construction bonds.

Question 30

Before the work begins, the contractor considers crashing the schedule. How much would the crashed general conditions have to be reduced to break even with the normal cost budget?

as

Options:

A.

$195 per day

B.

S1.772 per day

C.

General conditions do not need to be reduced to break even

D.

$1.223 per day

Question 31

Schedule forecasts are periodically conducted to project the project schedule performance at completion Which of the following situations would probably result in an incorrect forecast?

Options:

A.

The cost variance

B.

The profit or loss for the project

C.

The variance at completion

D.

The schedule variance

Question 32

How much Total Float does drafting the product manual have?

as

Options:

A.

15 workdays.

B.

0 workdays.

C.

10 workdays.

D.

5 workdays.

Question 33

How could the structural steel drawing delay have been prevented?

Options:

A.

Add a time buffer at the end of structural steel activities.

B.

Allow adequate time for review and resubmittal in the baseline schedule.

C.

Release the structural steel for fabrication concurrent with review of structural steel shop drawings.

D.

Switch to post-tensioned concrete construction.

Question 34

The schedule or budget at completion less the estimate at completion is___________.

Options:

A.

the schedule variance

B.

the variance at completion

C.

the cost variance

D.

the profit or loss for the project

Question 35

Using the crashed schedule, if you start Activity 2002 on 12 August 2021. what is the finish date for Activity 2002?

Options:

A.

19 Sep 2021

B.

08 Sep 2021

C.

09 Sep 2021

D.

27 Aug 2021

Question 36

Which of the following risks CANNOT be estimated by BILCO with only a resource-loaded schedule?

Options:

A.

Delay due to SDOT's other projects

B.

Delay due to labor shortage

C.

Liquidated damages on the SDOT contract

D.

Cost overruns due to cement shortage

Question 37

What was the original planned duration for Activity A through Activity G?

as

Options:

A.

26.

B.

28.

C.

24.

D.

25.

Question 38

When using a detailed estimate as the basis for work package/activity durations, which element does NOT need to be identified before the activity durations can be calculated?

Options:

A.

Projected crew size

B.

Estimated labor hours

C.

Hours in a standard work day

D.

Estimated cost

Question 39

For activity 11001. why would the crashed direct cost be greater than the direct cost of the normal schedule?

Options:

A.

Additional extended overhead is also being shown in this activity

B.

Some costs resulting from the crashed efforts were forgotten in previous activities

C.

Generally, more equipment is used for a crashed project; therefore, it costs more to demobilize

D.

Management bonuses for early completion were included in this activity

Question 40

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

Options:

A.

Project objectives in terms of cost, schedule and quality measures

B.

Project contract between the contractor and owner

C.

Project justification

D.

Project deliverables

Question 41

Why does activity 11001 not show successor activities?

as

Options:

A.

The early finish and late finish are circular

B.

It is the penultimate work required for the project

C.

The scheduler forgot to add the successor activities

D.

It is the final activity for the required work for the project

Question 42

Under which circumstance should one perform resource-leveling calculations?

Options:

A.

When the contract contains a provision for float-banking.

B.

When you believe that known resource limitations may override schedule logic.

C.

Never, unless required by the contract.

D.

When the schedule is resource-loaded.

Question 43

When project risk is reflected in scheduled activities, what is the most significant characteristic of those activities?

Options:

A.

The level of resources available to the activity

B.

The Remaining Duration of the activity

C.

The criticality of toe activities

D.

The Late Start of the last activity in that float path

Question 44

Determine the correct formula and date for the late start for Activity 9001.

as

Options:

A.

The early finish is required in order to determine the answer.

B.

LS.6001 Dur.6001 -> 11-20-02.

C.

There is insufficient data provided to calculate the answer.

D.

LF.9001 Dur.9001 -> 11-20-02.

Question 45

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

as

Options:

A.

LF.2001 - 1 day -> 08-28-01.

B.

LS.2002- 1 day-> 08-29-01.

C.

LS.2002 + 1 day -> 08-30-01.

D.

LS.2002 - 1 day -> 08-28-01.

Question 46

Using the "normal" schedule, given Activity 3001 and the relationship with Activity 4001, what is indicated?

as

Options:

A.

These activities are concurrent with Activity 4001 starting 15 days after the start of Activity 3001.

B.

These activities are concurrent with Activity 4001 starting 15 days earlier than the start of Activity 3001.

C.

The activities occur in series with a 15-day lag.

D.

The activities run concurrently.

Question 47

Using the normal schedule, what is the early finish date and total float of Activity 10002?

Options:

A.

24 Nov 2023. and 24 days of tree float

B.

24 Dec 2023. and 24 days of tree float

C.

17 Dec 2023. and 4 days of total float

D.

21 Dec 2023. and 4 days of total float

Question 48

The project goals_________.

Options:

A.

are the foundation for breakdown structures

B.

are defined independent of any external stakeholder opinions

C.

quantify performance and interface requirements

D.

consider all aspects of the project

Question 49

If someone wanted to constrain a project's end date so that any project slippage would cause negative float, they would do so by using

Options:

A.

Finish-no-earlier constraint on the first activity

B.

Finish-no-earlier constraint on the last activity

C.

Finish-no-later constraint on the last activity

D.

Start-no-later constraint on the first activity

Question 50

Why does activity 1001 have two successor activities?

as

Options:

A.

Because the late finish of 1001 and the late start of 7001 require two successors

B.

Because the problem could not effectively work with only one successor

C.

Because there are two defined logic paths for the work

D.

Because the duration of activities 2001, 2002 and 200.f require two successors

Question 51

Schedule Risk may affect the following:

Options:

A.

Activity resource allocation

B.

Long-duration activities

C.

The final milestones phase milestones, critical and non-critical activities

D.

Calendar shifts

Question 52

Which of these letters, symbols or words best approximates the graphical shape of a project's cumulative BCWS?

Options:

A.

/

B.

Bell curve

C.

S

D.

_

Question 53

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

Options:

A.

Multiple calendars.

B.

Start and finish constraints.

C.

Preferential logic.

D.

Front end loading.

Question 54

At a minimum, periodic reporting must be done at what interval?

Options:

A.

Monthly.

B.

As requested by the project manager.

C.

As requested by the owner.

D.

As specified in the contract documents.

Question 55

What does the heavy, vertical line at "X" represent?

as

Options:

A.

Delay fault line.

B.

The status or data date.

C.

Change-over limits.

D.

International Date Line.

Question 56

The best source of project risk or opportunities is:

Options:

A.

A similar project in another state

B.

Rumors from the local Chamber of Commerce

C.

Failures by other contractors

D.

Internal and external stakeholders

Question 57

Project Life Cycle Phases do NOT include the following item:

Options:

A.

procurement

B.

budgeting

C.

design

D.

start-up

Question 58

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?

as

Options:

A.

80 lifts

B.

50 lifts

C.

5 lifts

D.

20 lifts

Question 59

Free float is the

Options:

A.

Difference between the early dates and late dates of an activity.

B.

Amount of time the early start of an activity can be delayed without impacting the early start of the successor activity.

C.

Difference between the early finish dates and late finish dates of an activity.

D.

Difference In float value of the critical path activities and the float value of the specific activity being analyzed.

Question 60

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

Question 61

Using the "normal" schedule, if you start Activity 7001 on April 1, 2002, and using a 5-day workweek, what the finish date for Activity 7001?

as

Options:

A.

06-11-02.

B.

06-04-02.

C.

06-18-02.

D.

06-05-02.

Question 62

In the normal schedule, excluding Activity 1000. what activity(s) are concurrent with Activity 3001?

Options:

A.

4001, 5001, and 6001

B.

2003 and 7001

C.

4001 and 5001

D.

2004, 4001. and 5001

Question 63

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.

Question 64

At the end of month one, did the delay to the parking structure foundation delay the project?

Options:

A.

NO.

B.

Yes, by 4 calendar days.

C.

Yes, by 14 calendar days.

D.

Yes, by 9 calendar days.

Page: 1 / 22
Total 216 questions