AACE International AACE-PSP Online Practice Questions and Exam Preparation

AACE International AACE-PSP Online Questions & Answers

• Question 41:

  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 4001, successor is activity 8001
  C. Predecessor is activity 9001, successor is activity 9002
  D. Predecessor is activity 5001, successor is activity 8002
  A. Predecessor is activity 5001, successor is activity 8001

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  Explanation/Reference:

• Question 42:

  Which of the following are NOT normally included in the project scope statement, either directly or by reference?

  A. Project objectives in terms of cost, schedule and quality measures
  B. Project contract between the contractor and owner
  C. Project justification
  D. Project deliverables
  C. Project justification

• Question 43:

  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
  A. The overall project completion

• Question 44:

  Activity durations are normally estimated in an intuitive and subjective way. All of the following will improve duration accuracy EXCEPT

  A. Use gross building square footages. The pluses and minuses all average out.
  B. Look at each activity independently and don't follow specific logic paths when assigning activity durations.
  C. Divide activities into smaller activities. This will increase activity detail and duration estimate accuracy.
  D. Use the people responsible for performing the work as a resource to assign activity durations.
  A. Use gross building square footages. The pluses and minuses all average out.

• Question 45:

  What method would be the best way to determine the most likely as-built critical path of a project that is underway, and the schedule of which has been partially progressed?

  A. Use the progressed portion of the critical path of all the updates previous to the current update.
  B. Use the progressed portion of the critical path of the baseline schedule.
  C. Interview the project personnel for their perceptions and opinions because the schedule is usually inadequate.
  D. Use the forward-looking critical path of the most current updates.
  D. Use the forward-looking critical path of the most current updates.

• Question 46:

  Which of the following is NOT true?

  A. Remaining durations can exceed original durations.
  B. Constraints can interfere with the longest path calculation.
  C. Multiple calendars can affect the total float calculation.
  D. A network must contain only one Critical Path.
  A. Remaining durations can exceed original durations.

• Question 47:

  How much Total Float does drafting the product manual have?

  

  A. 15 workdays.
  B. 0 workdays.
  C. 10 workdays.
  D. 5 workdays.
  C. 10 workdays.

• Question 48:

  Project delays are best analyzed

  A. After either the contractor or the owner acknowledges ^responsibility for the delay.
  B. Contemporaneously with the delay.
  C. By an expert after the project is finished when complete records are available and the impact is known.
  D. Late in the project.
  C. By an expert after the project is finished when complete records are available and the impact is known.

• Question 49:

  If a cost estimate assumes that 240 hours will be expended on a given activity, and the projected crew size expected to perform that activity is 5 personnel working and 8-hour workday, what is the calculated duration for the activity?

  A. 8 days
  B. 6 days
  C. 4 days
  D. 5 days
  B. 6 days

• Question 50:

  If the administrative constraints for developing the precedence diagram, as provided in the contract documents, indicate that no individual construction activities shall have a longer duration of two months, how many activities in the "normal" schedule would be affected?

  

  A. 12.
  B. 14.
  C. 13.
  D. Cannot be determined.
  A. 12.

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  Explanation/Reference: