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AACE International PSP Dumps

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Total 163 questions

Planning & Scheduling Professional (PSP) Exam Questions and Answers

Question 1

What is the remaining work duration of Active D?

as

Options:

A.

4.

B.

11

C.

8.

D.

3.

Question 2

Resource planning must take all of the following into account except for:

Options:

A.

Types of materials, equipment and labor skills required to complete the project.

B.

Earned value techniques established for the project.

C.

Time available to complete the project.

D.

Cash flow (expenditure) limitations for completing work on the project.

Question 3

Using the "normal" schedule, and assuming you are billing on the last day of the month for previous month and for appropriate partial months, how many invoices will you have for this project?

Options:

A.

42.

B.

36.

C.

40.

D.

37.

Question 4

Activity C is a

Options:

A.

Contentious activity.

B.

Continuous activity.

C.

1-day activity.

D.

Milestone.

Question 5

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 6

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

Options:

A.

Benefit cost analysis.

B.

Schedule performance indexing.

C.

Expert Judgment.

D.

Alternatives identification.

Question 7

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 8

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

Options:

A.

The activities are independent, with Activity 4001 starting 15 days earlier than the start

of Activity 5001

B.

These activities are partially concurrent, with Activity 4001 starting 15 days after the

start of Activity 3001

C.

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

Question 9

Project delays are best analyzed

Options:

A.

After either the contractor or the owner acknowledges ^responsibility for the delay.

B.

Contemporaneously with the delay.

C.

By an expert after the project is finished when complete records are available and the impact is known.

D.

Late in the project.

Question 10

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 11

Who will receive the most benefit from a master schedule of the Spring Highway project?

Options:

A.

ALPHA

B.

GOUGE. Inc

C.

BILCO

D.

SDOT

Question 12

Using the "normal" schedule, theoretically construct a hammock for activities 6001-6003. What is the duration of the hammock?

as

Options:

A.

407 days

B.

362 days

C.

255 days

D.

267 days

Question 13

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

Options:

A.

The longest duration through the network.

B.

Zero float.

C.

Negative float.

D.

The shortest duration and negative float.

Question 14

Determine the driving activity for Activity 10001.

as

Options:

A.

Activity 11001.

B.

Activity 10002.

C.

Activity 9005.

D.

There is no driving activity for Activity 10001 in the backward pass.

Question 15

In analyzing a logical chain of activities in a critical path method (CPM) schedule, what do differing total float values within that chain typically indicate?

Options:

A.

The schedule has too much detail to reflect an accurate critical path.

B.

Different calendars are assigned to certain activities in the logical chain.

C.

The schedule is projecting an "early completion".

D.

Certain activities in the critical path have no successors.

Question 16

There is only enough room for a maximum of 4 cranes to be placed on-site. Assuming that a single crane can perform 35 lifts per day and that a column pour requires 60 lifts, what is the minimum number of tower cranes that should be used for the above described column pours?

as

Options:

A.

2 cranes

B.

1 crane

C.

4 cranes

D.

3 cranes

Question 17

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 18

Scenario:

The entire network consists of the following activities and relationships. Activity A is twenty days long and is tied to Activity B, a ten-day activity, with a finish-to-finish tie with a lag value of five Activity B is tied to Activity C, a twenty-day activity, with a start-to-start relationship with a lag value of five.

as

PSP Activities Table

Scope Known about Rock-Filled Dam Project:

The dam requires river diversion and work over two or more rainy seasons. The contract is lump sum, competitively bid, and will be self-performed. The owner has attempted to shift all risk to the contractor by employing "no differing sit conditions" and "no damage for delay" clauses. There is a bonus/penalty provision of $2,500 per calendar day for early or late delivery. The early completion bonus is capped at $500,000, with no cap for late delivery penalty.

Liquidated damages end at the finish of demobilization. Indirect costs per calendar day are $2,800 for the "normal" schedule and $3,200 for the "crashed" schedule. The winter/wet weather season is 151 days between October 15 and March 25 of each year, reduces the efficiency of the contractor's operations by 20% and costs the contractor $10,000 per day. Assume a start date of March 5, 2001 and use a 7-day work week.

The following table lists work activities as planned by the contractor.

as

Theoretically construct a summary activity for only those activities with a finish-to-start relationship for Activities 8001 through 10001. Using the "normal" schedule, what is the cost of this hammock?

Options:

A.

$420,000.

B.

$307,000.

C.

$524,000.

D.

$552,000.

Question 19

What is the result of a forward pass calculation?

Options:

A.

Value of total float for individual activities

B.

Early start and early finish date for individual activities

C.

Value of free float for individual activities

D.

Critical path

Question 20

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 21

Determine the correct formula and date for the late start for the Activity 11001:

as

Options:

A.

LF of 11001 less 27 days plus 1 day equaling 14 Jan 2024

B.

LF of 1000 less 25 days equaling 16 Jan 2024

C.

LF of 11001 less duration of 11001 equaling 16 Jan 2024

D.

LF of 11001 less 25 days plus 1 day equaling 16 Jan 2024

Question 22

What day would Activity C complete if the duration of Activity A was reduced by five days?

Options:

A.

35

B.

30

C.

45

D.

40

Question 23

The activity with the most total float is:

as

Options:

A.

Activity I.

B.

Activity C.

C.

Activity F.

D.

Activity D.

Question 24

What is a critical path method schedule?

Options:

A.

List of work to be accomplished by responsible party and when it is to be accomplished

B.

The timeline of the riskiest work

C.

A graphical means of showing the important work

D.

A network diagram of logically interconnected activities

Question 25

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

as

Options:

A.

2.

B.

1.

C.

Does not change.

D.

3.

Question 26

If the administrative constraints for developing the precedence diagram, as provided in the contract documents, indicate that no individual construction activities shall have a longer duration of two months, how many activities in the "normal" schedule would be affected?

as

Options:

A.

12.

B.

14.

C.

13.

D.

Cannot be determined.

Question 27

Activity 1001 started on the scheduled date but has slipped 10 days. Activity 10002 will slip 35 days. All remaining activities retain their original duration. What is the revised completion date?

as

Options:

A.

02-19-04

B.

03-21-04

C.

03-11-04

D.

03-20-04

Question 28

Which of the following is NOT input data to the construction planning process?

Options:

A.

Input from the owner

B.

The contract

C.

Bonding capacity of subcontractors

D.

Input from the contractor

Question 29

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 30

What is the actual duration as of the status date or data date of Activity B?

as

Options:

A.

7.

B.

3.

C.

0.

D.

4.

Question 31

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.

Question 32

Which of the following types of delay will NOT result in a time extension and additional compensation for a contractor?

Options:

A.

Non-excusable delay

B.

Compensable delay

C.

Non-compensable delay

D.

Excusable delay

Question 33

Determine the correct formula and date for the late finish for Activity 2002.

as

Options:

A.

LS.2003 - 1 day -> 11.06.01.

B.

LS.2003 - 1 day -> 10-06-01.

C.

LS.2003 + 1 day -> 10-07-01.

D.

LS.2003 - 1 day -> 10-05-01.

Question 34

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?

Options:

A.

$289.000

B.

$321.000

C.

$193,000

D.

$327,000

Question 35

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

Options:

A.

ALPHA

B.

GOUGE

C.

BILCO

D.

DEVCO

Question 36

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

Options:

A.

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

B.

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

C.

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

D.

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

Question 37

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 38

You are retained by a contractor who asks you to perform a simple as-planned versus as-built analysis (APAB) of a large hydro-electric dam project that took more than five years to complete. Your analysis will form the basis of a change order that requests a time extension. You suggest using a different methodology for quantifying the delay. Which of the following reasons for recommending a different analysis does NOT apply to a simple APAB analysis?

Options:

A.

Not suitable for complicated projects with multiple planned critical paths.

B.

Accuracy is increased by inserting delaying events into the as-planned schedule.

C.

Not suitable for projects with long durations.

D.

Less accurate as the analysis advances through the project.

Question 39

For the late finish for Activity 11001, select the most appropriate response for transitioning from the forward pass.

as

Options:

A.

LS.11001 + 25 days.

B.

02-19-04.

C.

EF.11001.

D.

EF.11001 + 1 day.

Question 40

Which letter of the alphabet best approximates the graphical shape of a project's cumulative cost baseline, or budgeted cost of work scheduled?

Options:

A.

C.

B.

B.

C.

S.

D.

W.

Question 41

Based on the stated costs, what percentage of the total cost comes from the 2000 series of activities?

Options:

A.

3.9% (1 : 25.708)

B.

2.3% (1 : 43.501).

C.

9.1% (1 : 11.000).

D.

8.6% (1 : 11.591)

Question 42

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

as

Options:

A.

26.

B.

28.

C.

24.

D.

25.

Question 43

What is the cycle time?

as

Options:

A.

5 minutes

B.

17 minutes

C.

14 minutes

D.

6 minutes

Question 44

How many workdays occur from the start of the Product Testing to the Product Available milestone?

Options:

A.

70

B.

100

C.

60

D.

90

Question 45

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 46

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 47

Which of the following phases does NOT describe the commonly accepted construction life cycle?

Options:

A.

Claims and disputes phase.

B.

Installation phase.

C.

Planning and design phase.

D.

Turnover and start-up phase.

Question 48

Project schedules help control all of the following EXCEPT for_____________________.

Options:

A.

Quality

B.

Cost

C.

Resources

D.

Time

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Total 163 questions