Advance Your Career by Using Online AACE-PSP Dumps

Obtaining the Professional Level Certifications AACE-PSP certification can help you demonstrate your expertise in AACE solutions and advance your career in related industry. Using AACE-PSP dumps as part of your study plan can help you identify knowledge gaps, improve your exam-taking skills, provide immediate feedback, and increase your chances of passing the AACE-PSP exam. AACE AACE-PSP exam free dumps questions are available below.

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1. Activity durations are normally estimated in an intuitive and subjective way. All of the following will improve duration accuracy EXCEPT

Use gross building square footages. The pluses and minuses all average out.

Look at each activity independently and don't follow specific logic paths when assigning activity durations.

Divide activities into smaller activities. This will increase activity detail and duration estimate accuracy.

Use the people responsible for performing the work as a resource to assign activity durations.

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2. How could the structural steel drawing delay have been prevented?

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

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

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

Switch to post-tensioned concrete construction.

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3. How many work days does it take to move the product from testing to sale?

60.

70.

100.

90.

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4. Using the "normal" schedule, what is the early finish date of activity 10002 and its total float?

12-27-03 and 24 days of float

12-18-03 and 4 days of float

12-17-03 and 4 days of float

12-18-03 and 25 days of float

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5. Time-scaled logic diagrams are

Only calculated using a computer.

The same as a pure-logic diagram.

Used to calculate the most probable activity duration.

Logic networks that are drawn to match the calendar.

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6. Which of the following is NOT a tool or technique used to perform scope planning?

Benefit cost analysis.

Schedule performance indexing.

Expert Judgment.

Alternatives identification.

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7. What is the result of a forward pass calculation?

Value of total float for individual activities

Early start and early finish date for individual activities

Value of free float for individual activities

Critical path

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8. Which is NOT an industry-recognized methodology for quantifying critical delay?

Gantt Chart.

Periodic Windows.

Collapsed As-Built.

Time Impact.

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9. Which of the following is NOT true?

Remaining durations can exceed original durations.

Constraints can interfere with the longest path calculation.

Multiple calendars can affect the total float calculation.

A network must contain only one Critical Path.

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10. 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?

15 days.

0 days.

5 days.

10 days.

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11. The sum of all budgets for work scheduled to be accomplished within a given time period is the ____________.

Estimate at completion (EAC)

Budget at completion (BAC)

Budgeted cost of work performed (BCWP)

Budgeted cost of work scheduled (BCWS)

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

Project objectives in terms of cost, schedule and quality measures

Project contract between the contractor and owner

Project justification

Project deliverables

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13. If no time extensions are granted and all actual delays are as described above, what will the total float calculation be at the end of the project?

0 calendar days.

-14 calendar days.

-20 calendar days.

10 calendar days.

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14. What is a key first step in developing a critical path method schedule?

Drawing a bar chart of the key phrases of the work.

Defining the execution plan to meet the required scope of work.

Setting out the resource to be used and its limitations.

Drawing the logic diagram.

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15. Assuming a total of 30 lifts per crane per day, what is the maximum number of lifts that could be accomplished using 3 small tower cranes over a 5-day period?

450 lifts

300 lifts

45 lifts

150 lifts

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16. Assuming conventional finish-to-start relationships, to calculate a schedule retaining the existing logic means that

It is calculated using the original logic.

It is calculated using logic reflecting out-of-sequence progress.

An out-of-sequence activity cannot resume until all predecessors are finished.

There is no such thing.

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17. When reconstructing a CPM schedule electronically from a hardcopy, which of the following is NOT required to determine the critical path?

Detailed listing of working days for each calendar used

Predecessor and successor listing with logic type and lag duration, preferably sorted by activity ID

Assigned party responsibility for each work task

Tabular listing of activities showing duration, calendar ID, early and late dates

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18. 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 start-to-start relationship with a ten-day lag assigned to activity 6001; activity 6002 will be dependent on activity 6001

A start-to-start to relationship for both activities 6001 and 6002 with a ten-day lag assigned to activity 6002.

A start-to-finish relationship with both activities 6001 and 6002 having a ten-day lag

A finish-to-start relationship with a ten-day lag assigned to activity 6002; activity 6001 will be dependent on activity 6002

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

L

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

L

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

L

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

L

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

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

Percent complete.

Remaining duration of activities.

Actual finish of activities.

Original duration of activities.

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21. The activity with the most total float is:

Activity

Activity

Activity

Activity

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22. 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?

80 lifts

50 lifts

5 lifts

20 lifts

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

Refer to the time-scaled network diagram and other information to answer the following questions. Please consider this to be the entire network.

Delay fault line.

The status or data date.

Change-over limits.

International Date Line.

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24. In its simplest form, what is the main drawback of critical path method scheduling?

It requires a backward pass to calculate late dates.

It assumes that resources are unlimited.

It doesn't account for interdependent between activities.

It allows for Precedence Diagramming Method to be used in place of Arrow Diagramming Method.

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25. These are the activities on the critical path:

A,D,&

A,C,E,&

A,B,G,&

A,B,F,&J

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26. Of the following update procedures, which is the least important in achieving an accurate forecast for completion of a construction schedule?

Estimating remaining durations of activities.

The correct recording of actual start dates.

Making "downstream" logic revisions as required.

Entering the time impacts of delays and change orders.

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27. The work breakdown structure is used to organize

"Smart activity ID codes" representing similar items of scheduled work

The chart of accounts

Similar activity coding of schedule activities

The smallest defined work packet

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28. Which statement is true?

Where compensability cannot be established, excusability is assumed.

Where compensability can be established, excusabltity cannot be assumed.

Where compensability cannot be established, excusability is a given.

Where compensability can be established, excusability is assumed.

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29. In order for a claimant to be entitled to an extension of contract time for a delay event (and further to be considered compensable):

The delay must affect the critical path.

The delay must be concurrent with the delay attributable to both parties.

The delay must not cause monetary harm to the defendant.

The delay must affect the contractor's planned construction schedule.

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30. If Activity E's duration changes to 4 months, what is the overall duration of the project.

19 months.

20 months.

22 months.

21 months.

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31. Which of the following will always describe the critical path? The path with

The longest duration through the network.

Zero float.

Negative float.

The shortest duration and negative float.

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32. What does the narrow band at "Y" represent?

Refer to the time-scaled network diagram and other information to answer the following questions. Please consider this to be the entire network.

Resource limitation period.

A rework period.

Activity inactivity.

You cannot tell with the information supplied.

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33. What is the workweek period for this project?

Monday through Friday

Sunday through Friday

Monday through Saturday

Sunday through Saturday

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34. What is the primary difference between the arrow diagramming method (ADM) and the precedence diagramming method (PDM)?

ADM is limited to finish-to-start logic relationships, while PDM is not.

PDM is a bar chart with network logic, while ADM is a pure logic network.

ADM is manual CPM calculations, while PDM is computerized.

ADM uses arrows, while PDM uses boxes.

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35. Identify the minimum project duration.

20 months.

16 months.

19 months.

21 months.

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36. 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?

The Eichleay formula

Historical production rates

Time impact analysis

Black-Scholes model

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37. A driving relationship is _____________________.

A critical relationship.

A finish-to-start relationship.

The link between two related activities.

The link between a predecessor and the activity whose dates it controls.

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