AACE International AACE International Certifications AACE-PSP Questions & Answers

• Question 51:

  Which of the following documents is most likely to be of the LEAST value to a planner/ scheduler when planning a contractor's baseline critical path schedule for the construction of a large high-clearance bridge located very near an airport? The contractor has been awarded the contract.

  A. The project plans and specifications

  B. The project geotechnical report

  C. The regulations published by the government aviation agency

  D. The government's report on future high-clearance bridge projects

  Correct Answer: D

• Question 52:

  The sum of all budgets for work scheduled to be accomplished within a given time period is the ____________.

  A. Estimate at completion (EAC)

  B. Budget at completion (BAC)

  C. Budgeted cost of work performed (BCWP)

  D. Budgeted cost of work scheduled (BCWS)

  Correct Answer: B

• Question 53:

  What is the primary difference between the arrow diagramming method (ADM) and the precedence diagramming method (PDM)?

  A. ADM is limited to finish-to-start logic relationships, while PDM is not.

  B. PDM is a bar chart with network logic, while ADM is a pure logic network.

  C. ADM is manual CPM calculations, while PDM is computerized.

  D. ADM uses arrows, while PDM uses boxes.

  Correct Answer: A

• Question 54:

  Management has determined the need to release the product 20 days earlier than planned. What tasks need to be expedited?

  

  A. Drafting and Proofing the Manual.

  B. Packaging only.

  C. Printing the Manual.

  D. Testing, Manufacturing and Packaging.

  Correct Answer: D

• Question 55:

  Using the "normal" schedule, what is the early finish date of activity 10002 and its total float?

  A. 12-27-03 and 24 days of float

  B. 12-18-03 and 4 days of float

  C. 12-17-03 and 4 days of float

  D. 12-18-03 and 25 days of float

  Correct Answer: C

• Question 56:

  What does the narrow band at "Y" represent?

  

  A. Resource limitation period.

  B. A rework period.

  C. Activity inactivity.

  D. You cannot tell with the information supplied.

  Correct Answer: C

• Question 57:

  Which letter of the alphabet best approximates the graphical shape of a project's cumulative cost baseline, or budgeted cost of work scheduled?

  A. C.

  B. B.

  C. S.

  D. W.

  Correct Answer: C

• Question 58:

  In analyzing a logical chain of activities in a critical path method (CPM) schedule, what do differing total float values within that chain typically indicate?

  A. The schedule has too much detail to reflect an accurate critical path.

  B. Different calendars are assigned to certain activities in the logical chain.

  C. The schedule is projecting an "early completion".

  D. Certain activities in the critical path have no successors.

  Correct Answer: D

• Question 59:

  What is the remaining work duration of Active D?

  

  A. 4.

  B. 11

  C. 8.

  D. 3.

  Correct Answer: A

• Question 60:

  Which activity is drawn in the incorrect position?

  

  .

  A. Activity G

  B. Activity E

  C. Activity C

  D. Activity D

  Correct Answer: D