AACE International AACE-PSP Online Practice Questions and Exam Preparation

AACE International AACE-PSP Online Questions & Answers

• Question 101:

  Which is NOT an industry-recognized methodology for quantifying critical delay?

  A. Gantt Chart.
  B. Periodic Windows.
  C. Collapsed As-Built.
  D. Time Impact.
  A. Gantt Chart.

• Question 102:

  If a detailed estimate is NOT available to assist in the formulation of activity durations but unit quantities have been identified, what information can be utilized to estimate work package/activity durations?

  A. The Eichleay formula
  B. Historical production rates
  C. Time impact analysis
  D. Black-Scholes model
  B. Historical production rates

• Question 103:

  Which of the following is NOT required when initially planning a project?

  A. Resource Identification and leveling.
  B. The duration of each task.
  C. A schedule that identifies tasks required on a project.
  D. Logical relationships between the tasks.
  B. The duration of each task.

• Question 104:

  What method offers the best chance of the schedule being used effectively to implement the project in the field?

  A. Issue detailed schedule updates as frequently as possible.
  B. Obtain consent and agreement to the schedule from the key project personnel.
  C. Include detailed and stringent set of scheduling specifications in the contract.
  D. Allow large time contingencies on milestones and completion deadlines.
  B. Obtain consent and agreement to the schedule from the key project personnel.

• Question 105:

  Which of the following is NOT required when performing weekly or monthly schedule updates?

  A. Percent complete.
  B. Remaining duration of activities.
  C. Actual finish of activities.
  D. Original duration of activities.
  B. Remaining duration of activities.

• Question 106:

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

  A. Benefit cost analysis.
  B. Schedule performance indexing.
  C. Expert Judgment.
  D. Alternatives identification.
  B. Schedule performance indexing.

• Question 107:

  Assuming conventional finish-to-start relationships, to calculate a schedule retaining the existing logic means that

  A. It is calculated using the original logic.
  B. It is calculated using logic reflecting out-of-sequence progress.
  C. An out-of-sequence activity cannot resume until all predecessors are finished.
  D. There is no such thing.
  A. It is calculated using the original logic.

• Question 108:

  The linear scheduling velocity diagram has the following two-axis:

  A. Location and crew size
  B. Time and location
  C. Time and rate of progress
  D. Time and crew size
  C. Time and rate of progress

• Question 109:

  All the following describe the critical path of a schedule EXCEPT:

  A. Determined by network logic and is the chain of activities that controls the overall project completion time.
  B. Frequently defined as the shortest path through the schedule.
  C. Changed by redefining the network logic or changing activity durations or both.
  D. The series of activities having the least amount of total float.
  B. Frequently defined as the shortest path through the schedule.

• Question 110:

  By subtracting a measured unit productivity rate during an impacted period from the unit productivity rate during an unimpacted period, the resulting value represents:

  A. Acceleration.
  B. Production output.
  C. Productivity loss.
  D. Productivity efficiency.
  C. Productivity loss.