AACE International Exam 2024 AACE-PSP Dumps Updated Questions UPDATED Jan-2024 [Q25-Q49]

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AACE International Exam 2024 AACE-PSP Dumps Updated Questions UPDATED Jan-2024

Get The Most Updated AACE-PSP Dumps To AACE Certification Certification

AACE International, the certifying body for the AACE-PSP certification, is a non-profit organization that specializes in providing education, certification, and technical resources to professionals in the cost engineering, project management, and total cost management domains. The AACE-PSP certification is one of the many credentials offered by AACE International to help professionals advance their career prospects and enhance their skills and expertise in the field of project management.

AACE International is a professional association for cost engineering, project management, and planning and scheduling professionals. The association offers a range of certifications to its members, including the AACE-PSP (Planning & Scheduling Professional) certification. The AACE-PSP certification is designed for individuals who are involved in planning and scheduling activities for projects and programs. Planning & Scheduling Professional (PSP) Exam certification program is recognized worldwide and is considered a benchmark for planning and scheduling professionals.

NO.25 A driving relationship is _____________________.

A critical relationship.

A finish-to-start relationship.

The link between two related activities.

The link between a predecessor and the activity whose dates it controls.

NO.26 In a “crashed” schedule, which is a chain of activities that precede activity 2004?

1001, 2001, 2002, 2003

2001, 2002, 2003, 2007

1001, 2002, 2003

1001, 2002, 2002, 2003, 3001

NO.27 Which of the following phases does NOT describe the commonly accepted construction life cycle?

Claims and disputes phase.

Installation phase.

Planning and design phase.

Turnover and start-up phase.

NO.28 Which of the following will always describe the critical path? The path with

The longest duration through the network.

Zero float.

Negative float.

The shortest duration and negative float.

NO.29 What activities are concurrent to Activity 2001 in the “normal” schedule?

7001.

1001.

1000.

2003.

NO.30 Each of the following accurately describes total float in a schedule EXCEPT:

The amount of time an activity can be delayed without delaying the overall project completion time.

Can be positive or negative.

The amount of time an activity can be delayed without delaying the start or occurrence of any other activity or event in the network.

Computed for an activity by subtracting its early finish from its late finish, or its early start from its late start.

NO.31 Midway through the project you received an executed change order for this project, adding thirty-three days to the contract for weather delays. In its simplest form, how would your next project update display the changed condition?

After Activity 1000, add a new Activity 1050 with a start-to-start relationship to Activity 1000, and tie the end of this new activity with a finish-to-finish relationship to the final activity of the project.

After Activity 1000, add a new Activity 1010 with a finish-to-start relationship to Activity 1000, and tie the end of this new activity with a finish-to-start relationship to the final activity of the project.

After Activity 1001, add a new Activity 1011 with a finish-to-start relationship to Activity 1000, and tie the end of this new activity with a finish-to-start relationship to the final activity of the project.

NO.32 Which of the following are NOT normally included in the project scope statement, either directly or by reference?

Project objectives in terms of cost, schedule and quality measures

Project contract between the contractor and owner

Project justification

Project deliverables

NO.33 What method offers the best chance of the schedule being used effectively to implement the project in the field?

Issue detailed schedule updates as frequently as possible.

Obtain consent and agreement to the schedule from the key project personnel.

Include detailed and stringent set of scheduling specifications in the contract.

Allow large time contingencies on milestones and completion deadlines.

NO.34 Determine the driving activity for Activity 10001.

Activity 11001.

Activity 10002.

Activity 9005.

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

NO.35 If after calculating a schedule an activity exhibits negative total float, which of the following is certain? The activity

Is a milestone.

It is on the critical path.

Was completed in the past.

Has yet to be completed.

NO.36 Theoretically construct a summary activity for activities 6001 through 6003. Identify the governing predecessor and successor activities for the hammock:

Predecessor is activity 5001, successor is activity 8001

Predecessor is activity 4001, successor is activity 8001

Predecessor is activity 9001, successor is activity 9002

Predecessor is activity 5001, successor is activity 8002

NO.37 What is the remaining work duration of Active D?

NO.38 How much Total Float does drafting the product manual have?

15 workdays.

0 workdays.

10 workdays.

5 workdays.

NO.39 All the following describe the critical path of a schedule EXCEPT:

Determined by network logic and is the chain of activities that controls the overall project completion time.

Frequently defined as the shortest path through the schedule.

Changed by redefining the network logic or changing activity durations or both.

The series of activities having the least amount of total float.

NO.40 What problems can a soils engineer deal with on a project?

Survey error.

Hidden subsurface conditions.

Archeological findings.

Toxic soils.

NO.41 Determine the correct formula and date for the late start for the Activity 11001:

LF.1001 + DUR.10001 -> 01-14-04.

LF.11001 – Dur.11001 -> 01-16-04.

LF.11001 – 27 days + 1 day -> 01-14- 04.

LF.10001 + 1 day -> 01-16-04.

NO.42 Estimate to complete (ETC) is __________________.

The expected remaining cost needed to complete an activity, group of activities or the project

The costs actually incurred in accomplishing the work performed

The expected total cost of an activity, group of activities or the project

The value of the completed work expressed in terms of the budget assigned to that work

NO.43 Identify the late finish to develop plans and specs.

9 months.

10 months.

8 months.

7 months.

NO.44 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?

450 lifts

300 lifts

45 lifts

150 lifts

NO.45 If drafting of the product manual overruns its planned duration by 5 days, how many days may the manufacturing be delayed without affecting release of the product?

15 days.

10 days.

0 days.

5 days.

NO.46 What does the heavy, vertical line at “X” represent?

Delay fault line.

The status or data date.

Change-over limits.

International Date Line.

NO.47 An early start constraint dictates

An activity’s remaining duration.

The planned start of a successor activity

The planned start of an activity.

The actual start of an activity.

NO.48 As a change to the network for the current update, activity 6002 is required to begin ten days after the beginning of activity 6001. Which is the simplest logic organization?

A start-to-start relationship with a ten-day lag assigned to activity 6001; activity 6002 will be dependent on activity 6001

A start-to-start to relationship for both activities 6001 and 6002 with a ten-day lag assigned to activity
6002.

A start-to-finish relationship with both activities 6001 and 6002 having a ten-day lag

A finish-to-start relationship with a ten-day lag assigned to activity 6002; activity 6001 will be dependent on activity 6002

NO.49 At the end of month one, did the delay to the parking structure foundation delay the project?

NO.

Yes, by 4 calendar days.

Yes, by 14 calendar days.

Yes, by 9 calendar days.

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AACE International Exam 2024 AACE-PSP Dumps Updated Questions UPDATED Jan-2024 [Q25-Q49]

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