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[General] AACE-PSP Guide Torrent - AACE-PSP Exam Prep - AACE-PSP Pass Rate

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【General】 AACE-PSP Guide Torrent - AACE-PSP Exam Prep - AACE-PSP Pass Rate

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The AACE-PSP exam is a rigorous assessment that tests the knowledge and skills of professionals in the planning and scheduling field. AACE-PSP exam covers a wide range of topics, including schedule development and maintenance, schedule analysis and reporting, risk management, and resource management. It is designed to assess the ability of professionals to analyze data, develop effective schedules, and communicate effectively with project stakeholders.
To be eligible for the AACE-PSP Certification Exam, candidates must have a minimum of 4 years of professional experience in project planning and scheduling. They must also have a bachelor's degree or equivalent education in a related field. Once they meet these requirements, candidates can register for the exam and begin preparing for it.
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The AACE-PSP (Planning and Scheduling Professional) Certification Program is an internationally recognized certification offered by AACE International. It is one of the most widely recognized certifications for professionals seeking to work in project planning and scheduling. This program has gained widespread acceptance across various industries, including construction, oil and gas, mining, and many more.
AACE International Planning & Scheduling Professional (PSP) Exam Sample Questions (Q214-Q219):NEW QUESTION # 214
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?
  • A. Not suitable for projects with long durations.
  • B. Accuracy is increased by inserting delaying events into the as-planned schedule.
  • C. Not suitable for complicated projects with multiple planned critical paths.
  • D. Less accurate as the analysis advances through the project.
Answer: B
Explanation:
* As-Planned vs. As-Built (APAB) Analysis:
A simple APAB compares the planned schedule to the actual schedule to identify deviations.
It does not involve inserting delaying events or re-forecasting the schedule, which makes it unsuitable for detailed analysis.
* Limitations of APAB:
Unsuitable for complex projects (A).
Inserting delays is not part of APAB (B).
Accuracy diminishes for long projects (C) or those requiring granular mid-project analyses (D).
* Conclusion: The correct answer is B, as inserting delays into the as-planned schedule is not a feature of simple APAB analysis.

NEW QUESTION # 215
Determine the correct formula and date for the late finish for Activity 2002.

  • A. LS.2003 - 1 day -> 10-06-01.
  • B. LS.2003 - 1 day -> 10-05-01.
  • C. LS.2003 + 1 day -> 10-07-01.
  • D. LS.2003 - 1 day -> 11.06.01.
Answer: B
Explanation:
* Activity Relationships:
Activity 2002 is directly succeeded by Activity 2003 in the schedule.
The late start (LS) of Activity 2003 determines the late finish (LF) of Activity 2002, adjusted by any lags or additional constraints.
* Late Finish Calculation Formula:
LF of 2002 = LS of 2003 - 1 day.
This accounts for the predecessor-successor logic and the sequence of activities.
* Date Calculation:
Late start of 2003 = 10-06-01.
Late finish of 2002 = 10-06-01 - 1 day = 10-05-01.
* Verification:
PSP guidelines emphasize that late finish values are derived by subtracting any relevant time constraints from the successor's late start (Ref: PSP Study Guide, Chapter 2A: Backward Pass Calculations)

NEW QUESTION # 216
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 9001, successor is activity 9002
  • C. Predecessor is activity 4001, successor is activity 8001
  • D. Predecessor is activity 5001, successor is activity 8002
Answer: A

NEW QUESTION # 217
EBS is an acronym for:
  • A. Enterprise Breakdown Structure
  • B. Elongated Budget Synopsis
  • C. European Basic Schedule
  • D. Eventual Base Structure
Answer: A

NEW QUESTION # 218
Before the work begins, the contractor considers crashing the schedule. How much would the crashed general conditions have to be reduced to break even with the normal cost budget?

  • A. S1.772 per day
  • B. General conditions do not need to be reduced to break even
  • C. $1.223 per day
  • D. $195 per day
Answer: A

NEW QUESTION # 219
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