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AACE AACE-PSP Exam Questions

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Planning & Scheduling Professional (PSP) Exam

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AACE AACE-PSP Practice Test Questions ( Updated) – Real Exam Questions & Dumps PDF

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AACE AACE-PSP Sample Questions – Free Practice Test & Real Exam Prep

Question #1

Which statement is true? 

  • A. Where compensability cannot be established, excusability is assumed.  
  • B. Where compensability can be established, excusabltity cannot be assumed.  
  • C. Where compensability cannot be established, excusability is a given.  
  • D. Where compensability can be established, excusability is assumed.  
Answer: D 
Question #2

The congested site only has room for 3 cranes to operate concurrently. Only 1.75 cubicyard ICY] or1.34 cubic meter [CM] concrete buckets are available. Each crane can performup to 35 lifts per day. Assuming a total of 30 lifts per crane pet day. what is the maximumvolume of concrete that could be placed using 3 small tower cranes over a 5-day period?

  • A. 263 CY  
  • B. 368 CM  
  • C. 201 CY  
  • D. 306 CY  
Answer: D 
Question #3

For which of these delays should an owner grant a time extension? 

  • A. Structural steel shop drawings.  
  • B. Shop drawings and centrifuge delay.  
  • C. Differing site conditions at parking structure.  
  • D. Differing site conditions and centrifuge delay.  
Answer: D 
Question #4

Prior to the start of work, Management determined the need to make the Product available10 workdays earlier than planned. Which activities need to be expedited?  

  • A. Product Testing. Manufacture Product and Package Product  
  • B. Product Testing and Manufacture Product  
  • C. Draft Product Manual. Proof Product Manual, and Print Product Manual  
  • D. Release tor Manufacture and Product Available  
Answer: B 
Question #5

In analyzing a logical chain of activities in a critical path method (CPM) schedule, what dodiffering 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.  
Answer: B 
Question #6

You are retained by a contractor who asks you to perform a simple as-planned versus asbuilt analysis (APAB) of a large hydro-electric dam project that took more than five years tocomplete. Your analysis will form the basis of a change order that requests a timeextension. You suggest using a different methodology for quantifying the delay. Which ofthe following reasons for recommending a different analysis does NOT apply to a simpleAPAB 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.  
Answer: B 
Question #7

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.  
Answer: D 
Question #8

Scenario: You are providing construction management services for a small office buildingproject. Your duties include reviewing and approving the contractor's baseline schedule.The contractor has submitted the first baseline schedule for the project.The contractor's baseline schedule submittal includes a bar chart, but no CPM diagram.Which of the following is the most significant shortcoming to using a bar chart to review thebaseline?

  • A. A bar chart cannot accurately reflect the impact of changes in durations or logic to thebaseline 
  • B. A bar chart is always an oversimplified view of the project schedule  
  • C. A tor chart does not show all the activities required to construct the project  
  • D. A bar chart does not show whether the project with be completed within the allowable time 
Answer: A 
Question #9

EBS is an acronym for: 

  • A. Elongated Budget Synopsis  
  • B. European Basic Schedule  
  • C. Enterprise Breakdown Structure  
  • D. Eventual Base Structure  
Answer: C 
Question #10

Determine the correct formula and date for the late finish for Activity 6002. 

  • A. LS of 6003 plus 1 day equaling 09 Mar 2023  
  • B. LS of 6003 less 1 day equaling 09 Mar 2022  
  • C. LS of 6003 less 1 day equaling 09 Mar 2023  
  • D. LS of 6003 plus 1 day equaling 09 Mar 2022  
Answer: C 
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