AACE International AACE-PSP Online Practice Questions and Exam Preparation

AACE International AACE-PSP Online Questions & Answers

• Question 71:

  Why does activity 1001 have two successor activities?

  

  A. Because the late finish of 1001 and the late start of 7001 require two successors
  B. Because the problem could not effectively work with only one successor
  C. Because there are two defined logic paths for the work
  D. Because the duration of activities 2001, 2002 and 200.f require two successors
  C. Because there are two defined logic paths for the work

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  Explanation/Reference:

• Question 72:

  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.
  D. Testing, Manufacturing and Packaging.

• Question 73:

  Which activity is drawn in the incorrect position?

  

  A. Activity G
  B. Activity E
  C. Activity C
  D. Activity D
  D. Activity D

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  Explanation/Reference:

• Question 74:

  An early start constraint dictates

  A. An activity's remaining duration.
  B. The planned start of a successor activity
  C. The planned start of an activity.
  D. The actual start of an activity.
  B. The planned start of a successor activity

• Question 75:

  Estimate to complete (ETC) is __________________.

  A. The expected remaining cost needed to complete an activity, group of activities or the project
  B. The costs actually incurred in accomplishing the work performed
  C. The expected total cost of an activity, group of activities or the project
  D. The value of the completed work expressed in terms of the budget assigned to that work
  A. The expected remaining cost needed to complete an activity, group of activities or the project

• Question 76:

  What is the free float for Activity F?

  

  A. 3 months.
  B. 0months.
  C. 1months.
  D. 2month.
  B. 0months.

• Question 77:

  Which of the following is NOT input data to the construction planning process?

  A. Input from the owner
  B. The contract
  C. Bonding capacity of subcontractors
  D. Input from the contractor
  C. Bonding capacity of subcontractors

• Question 78:

  Midway through the project you received an executed change order for this project, adding thirty-three days to the contract for weather delays. In its simplest form, how would your next project update display the changed condition?

  

  A. After Activity 1000, add a new Activity 1050 with a start-to-start relationship to Activity 1000, and tie the end of this new activity with a finish-to-finish relationship to the final activity of the project.
  B. After Activity 1000, add a new Activity 1010 with a finish-to-start relationship to Activity 1000, and tie the end of this new activity with a finish-to-start relationship to the final activity of the project.
  C. After Activity 1001, add a new Activity 1011 with a finish-to-start relationship to Activity 1000, and tie the end of this new activity with a finish-to-start relationship to the final activity of the project.
  C. After Activity 1001, add a new Activity 1011 with a finish-to-start relationship to Activity 1000, and tie the end of this new activity with a finish-to-start relationship to the final activity of the project.

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  Explanation/Reference:

• Question 79:

  If someone wanted to constrain a project's end date so that any project slippage would cause negative float, they would do so by using

  A. Finish-no-earlier constraint on the first activity
  B. Finish-no-earlier constraint on the last activity
  C. Finish-no-later constraint on the last activity
  D. Start-no-later constraint on the first activity
  C. Finish-no-later constraint on the last activity

• Question 80:

  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.
  B. -14 calendar days.