AACE International AACE-PSP Online Practice Questions and Exam Preparation

AACE International AACE-PSP Online Questions & Answers

• Question 61:

  Identify the minimum project duration.

  

  A. 20 months.
  B. 16 months.
  C. 19 months.
  D. 21 months.
  A. 20 months.

• Question 62:

  You are retained by a contractor who asks you to perform a simple as-planned versus as- built analysis (APAB) of a large hydro-electric dam project that took more than five years to complete. Your analysis will form the basis of a change order that requests a time extension. You suggest using a different methodology for quantifying the delay. Which of the following reasons for recommending a different analysis does NOT apply to a simple APAB analysis?

  A. Not suitable for complicated projects with multiple planned critical paths.
  B. Accuracy is increased by inserting delaying events into the as-planned schedule.
  C. Not suitable for projects with long durations.
  D. Less accurate as the analysis advances through the project.
  B. Accuracy is increased by inserting delaying events into the as-planned schedule.

• Question 63:

  Each column must be poured in one day. Each column requires 2,000 cubic feet of concrete. The lift bucket has a capacity of 40 cubic feet. How many lifts will be required per column pour?

  

  A. 80 lifts
  B. 50 lifts
  C. 5 lifts
  D. 20 lifts
  B. 50 lifts

• Question 64:

  Using the "normal" schedule, given Activity 3001 and the relationship with Activity 4001, what is indicated?

  

  A. These activities are concurrent with Activity 4001 starting 15 days after the start of Activity 3001.
  B. These activities are concurrent with Activity 4001 starting 15 days earlier than the start of Activity 3001.
  C. The activities occur in series with a 15-day lag.
  D. The activities run concurrently.
  C. The activities occur in series with a 15-day lag.

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  Explanation/Reference:

• Question 65:

  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.
  B. It assumes that resources are unlimited.

• Question 66:

  Assuming that you had only one crane capable of 30 lifts per day, 3 column pours requiring 28 lifts each, plus associated assorted work requiring an additional 150 lifts, what is the minimum planned working duration for this work?

  

  A. 8 work days
  B. 18 work days
  C. 7 work days
  D. 15 workdays
  A. 8 work days

• Question 67:

  When reconstructing a CPM schedule electronically from a hardcopy, which of the following is NOT required to determine the critical path?

  A. Detailed listing of working days for each calendar used
  B. Predecessor and successor listing with logic type and lag duration, preferably sorted by activity ID
  C. Assigned party responsibility for each work task
  D. Tabular listing of activities showing duration, calendar ID, early and late dates
  C. Assigned party responsibility for each work task

• Question 68:

  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.
  C. Activity inactivity.

• Question 69:

  Activity C is a

  A. Contentious activity.
  B. Continuous activity.
  C. 1-day activity.
  D. Milestone.
  D. Milestone.

• Question 70:

  Using the "normal" schedule, and assuming you are billing on the last day of the month for previous month and for appropriate partial months, how many invoices will you have for this project?

  A. 42.
  B. 36.
  C. 40.
  D. 37.
  B. 36.