[Mar 20, 2025] AACE-PSP Exam Dumps, AACE-PSP Practice Test Questions

Free AACE-PSP Study Guides Exam Questions and Answer

NEW QUESTION # 67
Which of these letters, symbols or words best approximates the graphical shape of a project's cumulative BCWS?

• A. S
• B. Bell curve
• C. _
• D. /

Answer: A

NEW QUESTION # 68
If all other work proceeds according to the Baseline plan, how many times will the critical path change?

• A. 1.
• B. Does not change.
• C. 3.
• D. 2.

Answer: B

NEW QUESTION # 69
An earned value-based project control system can use either of which two budgets as the basis of its calculations?

• A. Earned or budgeted cost yearly.
• B. Linear feet or dollars.
• C. Labor hours or dollars.
• D. Direct or indirect cost.

Answer: C

NEW QUESTION # 70
Theoretically construct a summary activity for activities 2001 through 2004. Using the "normal" schedule, what is the cost of the hammock?

• A. $299,000
• B. $289,000
• C. $139,000
• D. $271,000

Answer: B

NEW QUESTION # 71
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?

• A. The cost estimate for the plant prepared by your firm's estimating department.
• B. Critical path schedules prepared by you for similar completed projects.
• C. Industry publications.
• D. The Petrochemical Industry New Plant Task Duration Handbook.

Answer: B

NEW QUESTION # 72
The amount of time that an activity can be delayed from its early start date without delaying project completion is called

• A. Free float.
• B. Total float.
• C. Negative float.
• D. Interfering float.

Answer: B

NEW QUESTION # 73
Which of the following is NOT required when initially planning a project?

• A. The duration of each task.
• B. A schedule that identifies tasks required on a project.
• C. Resource Identification and leveling.
• D. Logical relationships between the tasks.

Answer: C

NEW QUESTION # 74
What activities are concurrent to Activity 2001 in the "normal" schedule?

• A. 1001.
• B. 1000.
• C. 2003.
• D. 7001.

Answer: D

NEW QUESTION # 75
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?

• A. 06-11-02.
• B. 06-05-02.
• C. 06-04-02.
• D. 06-18-02.

Answer: B

NEW QUESTION # 76
What is a key first step in developing a critical path method schedule?

• A. Defining the execution plan to meet the required scope of work.
• B. Drawing the logic diagram.
• C. Drawing a bar chart of the key phrases of the work.
• D. Setting out the resource to be used and its limitations.

Answer: B

NEW QUESTION # 77
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. A finish-to-start relationship with a ten-day lag assigned to activity 6002; activity 6001 will be dependent on activity 6002
• B. A start-to-start to relationship for both activities 6001 and 6002 with a ten-day lag assigned to activity
  6002.
• C. A start-to-start relationship with a ten-day lag assigned to activity 6001; activity 6002 will be dependent on activity 6001
• D. A start-to-finish relationship with both activities 6001 and 6002 having a ten-day lag

Answer: A

NEW QUESTION # 78
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 # 79
How much Total Float does drafting the product manual have?

• A. 15 workdays.
• B. 5 workdays.
• C. 10 workdays.
• D. 0 workdays.

Answer: C

NEW QUESTION # 80
Identify the late finish to develop plans and specs.

• A. 10 months.
• B. 7 months.
• C. 9 months.
• D. 8 months.

Answer: C

NEW QUESTION # 81
What day would Activity C complete if the duration of Activity B was reduced to zero?

• A. 0
• B. 1
• C. 2
• D. 3

Answer: B

NEW QUESTION # 82
What does the narrow band at "Y" represent?

• A. A rework period.
• B. Resource limitation period.
• C. Activity inactivity.
• D. You cannot tell with the information supplied.

Answer: D

NEW QUESTION # 83
Budgeted cost of work scheduled is _______________________.

• A. The total authorized budget for accomplishing the project scope
• B. The value of the completed work expressed in terms of the budget assigned to that work
• C. The expected total cost of an activity, group of activities or the project
• D. The sum of all budgets for work scheduled to be accomplished within a given time period

Answer: C

NEW QUESTION # 84
In a graphical earned value analysis, what time-scaled value determines the reporting intervals for both schedule and cost performance?

• A. Actual cost of work scheduled
• B. Budgeted cost of work scheduled
• C. Schedule performance index
• D. Budgeted cost of work performed

Answer: B

NEW QUESTION # 85
These are the activities on the critical path:

• A. A, B, G, & H.
• B. A, B, F, & J
• C. A, C, E, & H.
• D. A, D, & I.

Answer: A

NEW QUESTION # 86
......

AACE International is a professional association for cost engineering, project management, and planning and scheduling professionals. The association offers a range of certifications to its members, including the AACE-PSP (Planning & Scheduling Professional) certification. The AACE-PSP certification is designed for individuals who are involved in planning and scheduling activities for projects and programs. Planning & Scheduling Professional (PSP) Exam certification program is recognized worldwide and is considered a benchmark for planning and scheduling professionals.

 

AACE-PSP Exam Dumps, AACE-PSP Practice Test Questions: https://www.vce4dumps.com/AACE-PSP-valid-torrent.html

Attested AACE-PSP Dumps PDF Resource [2025]: https://drive.google.com/open?id=1Gb2QjmajrwPBWNQxK-wqT_Q9FZsDD-Yv