AACE-PSP Revolutionary Guide To Exam AACE International Dumps
AACE-PSP Free Study Guide! with New Update 218 Exam Questions
NEW QUESTION # 97
What was the original planned duration for Activity A through Activity G?
- A. 26.
- B. 25.
- C. 24.
- D. 28.
Answer: D
NEW QUESTION # 98
What changes to logic would eliminate Activity B from the critical path?
- A. Reduce the lag value of the relationship from Activity A to Activity B from 5 to 0
- B. Replace the relationship from Activity B to Activity C with SSO
- C. Replace the relationship from Activity A to Activity B with FFO and add an FSO relationship from Activity A to Activity C
- D. Add a SS 15 relationship from Activity A to Activity B and replace the relationship from Activity A to Activity B with FFO
Answer: C
Explanation:
* To eliminate Activity B from the critical path, its dependencies must change so that its delay no longer impacts the path's completion time.
* Replacing the A → B relationship with a Finish-to-Finish with Offset (FFO) and adding an FSO (Finish-to-Start with Offset) relationship from A → C allows Activity C to proceed independently of Activity B.
* Reference: PSP Study Guide, Section 2.2.4 - Relationships and Calculations, explains how relationship types can influence critical path determination.
NEW QUESTION # 99
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 # 100
Which of the following statements is true?
- A. In the absence of contrary contractual language total float, as opposed to tree float, there is a commodity belonging to the owner
- B. In the absence of contrary contractual language free float, as opposed to project float, there is not a shared commodity between the owner and the contractor
- C. In the absence of contrary contractual language network float, as opposed to project float, there is a shared commodity between the owner and contractor
- D. In the absence of a contrary contractual language total float, as opposed to free float, there is a commodity belonging to the contractor
Answer: C
Explanation:
* Understanding Float:
Network Float: The shared amount of time that non-critical activities can be delayed without affecting the project completion date.
Float ownership is not exclusive unless explicitly stated in the contract.
* Evaluation of Options:
Option B: Incorrect. Total float does not belong solely to the contractor unless stated.
Option C: Incorrect. Total float is not exclusively owned by the owner unless stated in the contract.
Option D: Incorrect. Free float is tied to specific activities and not shared.
Option A: Correct. In the absence of specific contract terms, network float is generally shared.
NEW QUESTION # 101
The Organizational Breakdown Structure (OBS) is a hierarchical structure that does NOT include which of the following:
- A. subcontractors
- B. sub-subcontractors
- C. stakeholders
- D. project director
Answer: C
NEW QUESTION # 102
Assumptions made during the planning stage should be_____________.
- A. a risk that is shifted to the implemented in the field
- B. replaced with facts as soon as they are known
- C. clearly stated as such in an internal memo
- D. solely based on a solid experiential database
Answer: B
Explanation:
* Assumptions in Planning:
Assumptions are placeholders until verified facts are available. Replacing them enhances schedule reliability and accuracy.
* Evaluation of Other Options:
A: Shifting risks is not a proactive solution.
C: Sole reliance on experience without verification is risky.
D: Internal memos clarify assumptions but do not replace facts.
* Verification with PSP Guidelines:
PSP emphasizes validating assumptions during the planning phase (Ref: PSP Study Guide, Chapter 1B: Planning Fundamentals).
NEW QUESTION # 103
What owner action could have mitigated the late completion of the project?
- A. Prepare better structural steel drawings.
- B. Hire a more senior project manager.
- C. Use a procurement agent to monitor and expedite equipment deliveries.
- D. Self-perform more of the work.
Answer: C
Explanation:
* Mitigating Late Completion:
A procurement agent could monitor and expedite long-lead equipment, reducing delivery delays that often affect project timelines.
* Evaluation of Other Options:
A: Hiring a senior project manager may not address the specific issue.
B: Self-performing may not resolve procurement delays.
D: Better structural steel drawings relate to design, not equipment delays.
* Verification with PSP Guidelines:
PSP emphasizes early identification and mitigation of procurement risks (Ref: PSP Study Guide, Chapter 2B: Procurement and Supply Chain Management).
NEW QUESTION # 104
Which of the following options is NOT a feasible method to reduce the overall completion time of the toll road program?
- A. Subcontract outside forces to accelerate the Phase A Schedule
- B. Reduce the phasing from 5 phases to 3 phases
- C. Proceeding with the work in advance of the environmental studies
- D. Allocating forces from other BILCO contracts to the toll road project
Answer: C
Explanation:
* Proceeding without completing environmental studies introduces compliance risks, such as legal challenges or project shutdowns. This is not a feasible method for reducing the overall completion time as it contradicts environmental regulations and ethical standards.
* Methods like subcontracting (A) or reallocating resources (B) are feasible, as they leverage resource management.
* Reference: PSP Study Guide, Section 1.2.3 - Stakeholder Considerations, and Section 1.3.13 - Risk and Recovery Planning, which emphasize compliance with regulations and avoiding unmanageable risks.
NEW QUESTION # 105
Which of the following will always describe the critical path? The path with
- A. Zero float.
- B. The longest duration through the network.
- C. The shortest duration and negative float.
- D. Negative float.
Answer: A
Explanation:
A
* Critical Path Characteristics:
The critical path is the sequence of activities that determines the overall project duration.
It represents the longest duration path through the network and typically has zero float unless delays or constraints introduce negative float.
* PSP Study Guide Reference:
Critical path analysis is a foundational concept in schedule management, as covered extensively in the PSP guide.
* Analysis of Options:
Option A: Correct. The critical path always has the longest duration.
Option B: Zero float is common but not universal due to constraints or delays.
Option C and D: Negative float describes specific scenarios but does not define the critical path universally.
* Conclusion: The correct answer is A, as the critical path is the longest-duration path through the network.
NEW QUESTION # 106
Using the "normal" schedule, theoretically construct a hammock for activities 6001-6003. What is the duration of the hammock?
- A. 362 days
- B. 407 days
- C. 255 days
- D. 267 days
Answer: A
Explanation:
* Understand the Concept of a Hammock Activity:
A hammock activity spans over multiple activities and reflects the cumulative duration from the earliest start to the latest finish of the grouped activities.
* Activities in the Hammock (6001-6003):
Activity 6001: Duration = 102 days, FS relationship with successor.
Activity 6002: Duration = 140 days, FS with 6001.
Activity 6003: Duration = 115 days, FS with 6002.
* Calculate the Duration:
Earliest Start of Activity 6001 → Latest Finish of Activity 6003.
Total duration = 102 + 140 + 115 = 362 days.
* Cross-Verification with Answer Options:
Option A: Incorrect. Overestimates.
Option C: Incorrect. Underestimates.
Option D: Incorrect. Underestimates.
Option B: Correct. Matches the calculated duration.
NEW QUESTION # 107
What is the relationship depicted between Activity G and Activity H?
- A. Start-to-start.
- B. Finish-to-finish.
- C. You cannot tell with the supplied information.
- D. Finish-to-start.
Answer: A
NEW QUESTION # 108
What is the free float for Activity F?
- A. 3 months.
- B. 0 months.
- C. 2 month.
- D. 1 months.
Answer: B
Explanation:
* Understand Free Float:
Free float is the time an activity can be delayed without delaying the start of its immediate successor.
* Review Activity F in the Diagram:
Activity F has a successor that starts later, providing room for 2 months of free float.
* Cross-Verification:
Option A: Incorrect. Overestimates the float.
Option B: Incorrect. No float is incorrect for F.
Option C: Incorrect. 1 month is insufficient.
Option D: Correct. Matches the calculated free float for Activity F.
NEW QUESTION # 109
Determine the correct formula and date for the late finish for Activity 2001.
- A. LF.2001 - 1 day -> 08-28-01.
- B. LS.2002 - 1 day -> 08-28-01.
- C. LS.2002- 1 day-> 08-29-01.
- D. LS.2002 + 1 day -> 08-30-01.
Answer: C
Explanation:
* Activity Details (2001 - "River Diversion Stage 1"):
Successor: 2002 ("River Diversion Stage 2").
Relationship: Finish-to-Start (FS) with no lag.
Normal schedule duration for Activity 2001 = 92 days.
* Backward Pass Calculation for Late Finish (LF):
The Late Finish (LF) of Activity 2001 is derived from the Late Start (LS) of its successor, Activity 2002.
Formula: LF.2001 = LS.2002 - 1 day.
* Date Calculation:
Given: LS.2002 = 08-30-01 (as per data in the schedule).
LF.2001 = LS.2002 - 1 day = 08-30-01 - 1 day = 08-29-01.
* Cross-Verification with Answer Options:
Option A: Incorrect. Misrepresents the Late Finish formula.
Option C: Incorrect. Adds 1 day instead of subtracting.
Option D: Incorrect. Incorrect date application.
Option B: Correct. Matches both formula and calculation.
NEW QUESTION # 110
When resource leveling craft labor for a critical path schedule, the scheduler
- A. Need not consider its effects, as it is a theoretical concept with limited application to construction projects.
- B. Need only consider the non-union crafts persons.
- C. Must consider breaks in continuity of work for subcontractors, thereby possibly incurring additional subcontractor mobilization and demobilization costs.
- D. Can depend on the results of the resource leveling operation to reflect a useful realignment of all schedule activities without 'further analysis.
Answer: C
Explanation:
* Resource Leveling:
Resource leveling adjusts start and finish dates of activities to resolve resource conflicts or constraints, balancing availability and demand.
In construction projects, breaks in continuity of work for subcontractors can result in increased costs due to remobilization and demobilization.
* PSP Study Guide Reference:
The PSP guide explains that resource leveling must be carefully analyzed to avoid disruptions in work continuity.
* Conclusion: The correct answer is A, as the scheduler must account for potential cost implications of resource leveling on subcontractors.
NEW QUESTION # 111
Using the normal schedule, theoretically construct a hammock for activities 6001-6003. What is the duration of the hammock?
- A. 267 days
- B. 477 days
- C. 407 days
- D. 255 days
Answer: A
NEW QUESTION # 112
Assuming activities 2001 through 2004 comprise the same WBS element, construct a WBS summary activity for activities 2001 through 2004. Use the normal schedule, what is the cost of the activity?
- A. $321.000
- B. $327,000
- C. $193,000
- D. $289.000
Answer: D
NEW QUESTION # 113
Determine the correct formula and date for the late start for the Activity 11001:
- A. LF of 11001 less 25 days plus 1 day equaling 16 Jan 2024
- B. LF of 11001 less 27 days plus 1 day equaling 14 Jan 2024
- C. LF of 1000 less 25 days equaling 16 Jan 2024
- D. LF of 11001 less duration of 11001 equaling 16 Jan 2024
Answer: B
NEW QUESTION # 114
Activity durations are normally estimated in an intuitive and subjective way. All of the following will improve duration accuracy EXCEPT
- A. Divide activities into smaller activities. This will increase activity detail and duration estimate accuracy.
- B. Look at each activity independently and don't follow specific logic paths when assigning activity durations.
- C. Use the people responsible for performing the work as a resource to assign activity durations.
- D. Use gross building square footages. The pluses and minuses all average out.
Answer: C
NEW QUESTION # 115
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?
- 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
Answer: C
NEW QUESTION # 116
Determine the correct formula and date for the late finish for Activity 9004.
- A. LS.10002 - Lag.7 - l day -> 11-20-03.
- B. LS.10002 - 1 day -> 11-27-03.
- C. LS.10002^ Lag.7 + i day -> 11-20-03.
- D. LS.10002 + 1 day -> 11-29-03.
Answer: C
NEW QUESTION # 117
What problems can a soils engineer deal with on a project?
- A. Archeological findings.
- B. Survey error.
- C. Toxic soils.
- D. Hidden subsurface conditions.
Answer: D
Explanation:
* Role of Soils Engineer:
Soils engineers address subsurface conditions, such as soil stability, unexpected geology, and underground obstacles.
* Evaluation of Other Options:
A: Survey errors are typically addressed by surveyors.
C: Archeological findings involve specialists in historical preservation.
D: Toxic soils are typically handled by environmental engineers.
* Verification with PSP Guidelines:
The PSP Study Guide includes subsurface investigations as a key responsibility for geotechnical professionals (Ref: PSP Study Guide, Chapter 1A: Site Conditions).
NEW QUESTION # 118
What changes to logic would eliminate Activity B from the critical path?
- A. Reduce the lag value of the relationship from Activity A to Activity B from 5 to 0
- B. Replace the relationship from Activity B to Activity C with SSO
- C. Replace the relationship from Activity A to Activity B with FFO and add an FSO relationship from Activity A to Activity C
- D. Add a SS 15 relationship from Activity A to Activity B and replace the relationship from Activity A to Activity B with FFO
Answer: C
NEW QUESTION # 119
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?
- A. 10 calendar days.
- B. 0 calendar days.
- C. -14 calendar days.
- D. -20 calendar days.
Answer: C
NEW QUESTION # 120
Each of the following accurately describes total float in a schedule EXCEPT:
- A. Computed for an activity by subtracting its early finish from its late finish, or its early start from its late start.
- 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. The amount of time an activity can be delayed without delaying the overall project completion time.
- D. Can be positive or negative.
Answer: B
Explanation:
Total float measures the flexibility in an activity's timing within a schedule. It is defined as the amount of time an activity can be delayed without affecting the project's overall completion date or the completion date of any of its successors.
Option A, B, and D accurately describe total float: it is calculated as the difference between early and late start/finish dates, can be positive or negative, and is associated with project completion.
Option C describes free float, not total float, and thus is incorrect.
NEW QUESTION # 121
......
AACE International AACE-PSP (Planning & Scheduling Professional) Exam is a globally recognized certification program designed to help professionals in the planning and scheduling field to enhance their knowledge and skills in project management. AACE-PSP exam is designed to test the candidates’ proficiency in project planning, scheduling, controlling, and monitoring. The AACE-PSP certification is highly valued in the industry and is recognized by employers and clients worldwide.
Get up-to-date Real Exam Questions for AACE-PSP: https://www.itpassleader.com/AACE-International/AACE-PSP-dumps-pass-exam.html
Pass AACE-PSP Exam Latest Practice Questions: https://drive.google.com/open?id=1kz75BhNioTbzJ1bfmfxiRaWRqHgRjswP