AACE International AACE International Certifications AACE-PSP Questions & Answers

• Question 111:

  Which of the following project planning situations is the most frequent contributor to cost overruns?

  A. lack of detailed planning for operational start-up

  B. Insufficient planning for change management

  C. Inappropriate definition of work breakdown structure

  D. Inadequate definition of scope at the estimate (budget) stage

  Correct Answer: D

• Question 112:

  If no time extensions are granted and all actual delays are as described above, what will the total float calculation be at the end of the project?

  A. 0 calendar days.

  B. -14 calendar days.

  C. -20 calendar days.

  D. 10 calendar days.

  Correct Answer: B

• Question 113:

  What is the free float for Activity F?

  

  A. 3 months.

  B. 0months.

  C. 1months.

  D. 2month.

  Correct Answer: B

• Question 114:

  The activity with the most total float is:

  

  A. Activity I.

  B. Activity C.

  C. Activity F.

  D. Activity D.

  Correct Answer: A

• Question 115:

  In its simplest form, what is the main drawback of critical path method scheduling?

  A. It requires a backward pass to calculate late dates.

  B. It assumes that resources are unlimited.

  C. It doesn't account for interdependent between activities.

  D. It allows for Precedence Diagramming Method to be used in place of Arrow Diagramming Method.

  Correct Answer: B

• Question 116:

  Total float is defined as the amount of time an activity can be delayed without impacting

  A. The overall project completion

  B. The buoyancy of a successor activity

  C. The next activity

  D. The end of that activity

  Correct Answer: A

• Question 117:

  A driving relationship is _____________________.

  A. A critical relationship.

  B. A finish-to-start relationship.

  C. The link between two related activities.

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

  Correct Answer: D

• Question 118:

  What is the actual duration as of the status date or data date of Activity B?

  

  A. 7.

  B. 3.

  C. 0.

  D. 4.

  Correct Answer: B

• Question 119:

  Which of the following are NOT considerations or constraints of the planning process for construction scheduling?

  A. Consideration of all stakeholders.

  B. Value engineering.

  C. Project variables.

  D. Interest rate of owner's construction bonds.

  Correct Answer: D