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Free PDF AACE International - AACE-PSP Perfect Exam Questions Answers

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Free PDF AACE International - AACE-PSP Perfect Exam Questions Answers

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AACE-PSP certification serves as the gold standard for professionals specializing in project planning and scheduling. Planning & Scheduling Professional (PSP) Exam certification program promotes individual excellence, ethical behavior, and professional growth among project managers emphasizing the importance of effective project management, risk management, and cost controls in today's rapidly evolving global landscape. By obtaining the AACE-PSP Certification, professionals can demonstrate their expertise, secure promotion opportunities, and navigate their careers to new heights.
AACE International AACE-PSP (Planning & Scheduling Professional) Certification Exam is a rigorous examination designed to test the knowledge and competency of professionals in the field of project planning and scheduling. AACE International is a renowned professional association for project management professionals, and their PSP certification program is recognized globally as a mark of excellence in the planning and scheduling profession.
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AACE International Planning & Scheduling Professional (PSP) Exam Sample Questions (Q75-Q80):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. 06-18-02.
  • B. 06-11-02.
  • C. 06-05-02.
  • D. 06-04-02.
Answer: C

NEW QUESTION # 76
Select the most appropriate explanation for use of a winter/wet weather seasonal calendar for use in this project?
  • A. to provide a key to co-a weather for safety meetings
  • B. to highlight a time when there are more holidays and work therefore will be slower and there will be more absenteeism
  • C. to denote a time during which work may not progress as fast as planned and cost and risk may be elevated
  • D. to show a difference in the calendar year
Answer: B

NEW QUESTION # 77
Which of the following is NOT true?
  • A. Multiple calendars can affect the total float calculation.
  • B. A network must contain only one Critical Path.
  • C. Remaining durations can exceed original durations.
  • D. Constraints can interfere with the longest path calculation.
Answer: C

NEW QUESTION # 78
In the "normal" schedule, excluding Activity 1000, what activity(s) are concurrent with Activity 3001?

  • A. 4001, 5001 and 6001.
  • B. 2003 and 7001.
  • C. 2004.
  • D. 4001 and 5001.
Answer: D
Explanation:
Activity Overview and Dependencies:
From the provided schedule data, Activity 3001 (Excavation, Dam Site) starts with multiple logical relationships:
Successor activities include SS (Start-to-Start) and FS (Finish-to-Start) dependencies with other tasks.
Specifically, these relationships link 3001 to 4001 (Excavation, Spillway) and 5001 (Drill and Grout, Dam Site).
Normal Schedule Context:
Excluding Activity 1000, we focus on Activity 3001's logical relationships to determine which activities are concurrent.
In the "Normal Schedule", Activity 3001 has a duration of 152 days and overlaps with Activities 4001 (152 days) and 5001 (102 days). Both activities share similar dependencies and durations with Activity 3001, making them concurrent.
Schedule Dependency Analysis:
Concurrent activities are identified by overlapping durations and logical relationships that align their schedules.
Activity 4001 is linked via SS and FF dependencies, ensuring simultaneous start and finish points.
Activity 5001 starts as 3001 progresses (SS and FS dependencies).
Final Answer Validation:
Other listed activities, such as 2003 and 7001 (Answer A) or 2004 (Answer B), are not logically or temporally concurrent based on their dependencies and durations.
Only 4001 and 5001 have concurrent schedules aligning with Activity 3001.
Study Guide Reference:
Planning and Scheduling Professional Certification Study Guide, Chapter 2 - Scheduling, sections on "Dependencies and Constraints" (p. 157) and "Sequencing Activities" (p. 151).
For further insights into identifying concurrency using logical relationships, refer to AACE's Recommended Practice 10S-90: Cost Engineering Terminology.
This structured approach ensures alignment with PSP standards and principles in evaluating concurrent activities in complex schedules.

NEW QUESTION # 79
The sum of all budgets for work scheduled to be accomplished within a given time period is the ____________.
  • A. Budgeted cost of work scheduled (BCWS)
  • B. Budget at completion (BAC)
  • C. Estimate at completion (EAC)
  • D. Budgeted cost of work performed (BCWP)
Answer: B

NEW QUESTION # 80
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