Latest Jan 30, 2022 AACE-PSP Brain Dump: A Study Guide with Tips & Tricks for passing Exam
AACE-PSP Question Bank: Free PDF Download Recently Updated Questions
How to study the Planning & Scheduling Professional (PSP) Exam
In general, the education and professional experience of an applicant are the primary sources that prepare the person for the test. As mentioned in the eligibility criteria for the exam, the applicant must have at least 4 to 8 years of industry experience in the field which itself is preparatory material. There are, however, other ways to prepare for the test. AACE itself provides a distant learning opportunity through its website for which applicants can sign up. AACE conducts review sessions and annual meetings in which the participation of an applicant can prove to be very helpful as they will be able to participate and listen to discussions on the topics of planning and scheduling.
Participants must search for the answers to the following questions if they wish to prepare the best for the exam:
- Why is scheduling important?
- What is a CPM schedule?
- What is planning?
- What is a work breakdown structure (WBS) and how is it used?
- Why is planning important?
- What is scheduling?
Furthermore, PSP exam dumps pdf and PSP practice exams are available online, and students are highly encouraged to study those dumps as they are the best study materials. As always, We recommend a combination of hands-on experience, completion of the training course, and self-study in the areas described in the Exam Outline section of this exam guide as preparation for this exam. After all sorts of study, test your understanding by taking the PSP practice tests. Hover on to AACE’s Website and take a look at study materials provided for the exam. Check for the topics mentioned in the Exam Outline section of this guide to review the online documentation, tip sheets, and user guides and study the details relevant to those topics. Refer to the links at the end of this document for more study material. For further exam self-study materials, refer to the links down below.
NEW QUESTION 65
Which of the following is NOT true?
- A. Multiple calendars can affect the total float calculation.
- B. Remaining durations can exceed original durations.
- C. A network must contain only one Critical Path.
- D. Constraints can interfere with the longest path calculation.
Answer: B
NEW QUESTION 66
Theoretically construct a summary activity for activities 6001 through 6003. Identify the governing predecessor and successor activities for the hammock:
- A. Predecessor is activity 5001, successor is activity 8001
- B. Predecessor is activity 5001, successor is activity 8002
- C. Predecessor is activity 4001, successor is activity 8001
- D. Predecessor is activity 9001, successor is activity 9002
Answer: A
NEW QUESTION 67
Which of the following types of delay will NOT result in a time extension and additional compensation for a contractor?
- A. Non-excusable delay
- B. Excusable delay
- C. Non-compensable delay
- D. Compensable delay
Answer: C
NEW QUESTION 68
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
- A. Finish-no-earlier constraint on the first activity
- B. Start-no-later constraint on the first activity
- C. Finish-no-later constraint on the last activity
- D. Finish-no-earlier constraint on the last activity
Answer: C
NEW QUESTION 69
Activity durations are normally estimated in an intuitive and subjective way. All of the following will improve duration accuracy EXCEPT
- 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. Use the people responsible for performing the work as a resource to assign activity durations.
- D. Divide activities into smaller activities. This will increase activity detail and duration estimate accuracy.
Answer: A
NEW QUESTION 70
Time-scaled logic diagrams are
- A. Logic networks that are drawn to match the calendar.
- B. Only calculated using a computer.
- C. The same as a pure-logic diagram.
- D. Used to calculate the most probable activity duration.
Answer: A
NEW QUESTION 71
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?
- A. 150 lifts
- B. 45 lifts
- C. 450 lifts
- D. 300 lifts
Answer: C
NEW QUESTION 72
What does the heavy, vertical line at "X" represent?
- A. The status or data date.
- B. Change-over limits.
- C. International Date Line.
- D. Delay fault line.
Answer: A
NEW QUESTION 73
Constraints control events or activities that __________________.
- A. Are not based on project relationships.
- B. Affect only the forward pass.
- C. Affect only the backward pass.
- D. May be over-ridden by activity logic.
Answer: D
NEW QUESTION 74
Management has determined the need to release the product 20 days earlier than planned. What tasks need to be expedited?
- A. Drafting and Proofing the Manual.
- B. Testing, Manufacturing and Packaging.
- C. Printing the Manual.
- D. Packaging only.
Answer: B
NEW QUESTION 75
When reconstructing a CPM schedule electronically from a hardcopy, which of the following is NOT required to determine the critical path?
- A. Predecessor and successor listing with logic type and lag duration, preferably sorted by activity ID
- B. Tabular listing of activities showing duration, calendar ID, early and late dates
- C. Detailed listing of working days for each calendar used
- D. Assigned party responsibility for each work task
Answer: D
NEW QUESTION 76
Budgeted cost of work scheduled is _______________________.
- A. The value of the completed work expressed in terms of the budget assigned to that work
- B. The total authorized budget for accomplishing the project scope
- C. The sum of all budgets for work scheduled to be accomplished within a given time period
- D. The expected total cost of an activity, group of activities or the project
Answer: D
NEW QUESTION 77
For which of these delays should an owner grant a time extension?
- A. Shop drawings and centrifuge delay.
- B. Structural steel shop drawings.
- C. Differing site conditions and centrifuge delay.
- D. Differing site conditions at parking structure.
Answer: D
NEW QUESTION 78
What is the actual duration as of the status date or data date of Activity B?
- A. 4.
- B. 7.
- C. 0.
- D. 3.
Answer: D
NEW QUESTION 79
During proofing of the product manual, a problem was discovered requiring 15 days additional time to effect a correction. How can the date of availability be maintained?
- A. Delay manufacturing by 5 days.
- B. Expedite printing by 5 days.
- C. Expedite packaging by 5 days.
- D. Delay product release by 5 days.
Answer: D
NEW QUESTION 80
The sum of all budgets for work scheduled to be accomplished within a given time period is the
____________.
- A. Estimate at completion (EAC)
- B. Budgeted cost of work scheduled (BCWS)
- C. Budget at completion (BAC)
- D. Budgeted cost of work performed (BCWP)
Answer: C
NEW QUESTION 81
Determine the correct formula and date for the late finish for Activity 2002.
- A. LS.2003 + 1 day -> 10-07-01.
- B. LS.2003 - 1 day -> 10-05-01.
- C. LS.2003 - 1 day -> 10-06-01.
- D. LS.2003 - 1 day -> 11.06.01.
Answer: B
NEW QUESTION 82
Each of the following accurately describes total float in a schedule EXCEPT:
- A. The amount of time an activity can be delayed without delaying the start or occurrence of any other activity or event in the network.
- B. The amount of time an activity can be delayed without delaying the overall project completion time.
- C. Computed for an activity by subtracting its early finish from its late finish, or its early start from its late start.
- D. Can be positive or negative.
Answer: A
NEW QUESTION 83
......
New AACE-PSP Exam Dumps with High Passing Rate: https://www.2pass4sure.com/AACE-Certification/AACE-PSP-actual-exam-braindumps.html
AACE-PSP Certification Exam Dumps with 120 Practice Test Questions: https://drive.google.com/open?id=1ylQbUB1My1viG3zVHXOP8wDE0LkF-5Y4