Planning & Scheduling Professional (PSP) Exam AACE-PSP Online Dumps

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Planning & Scheduling Professional (PSP) Exam AACE-PSP test contains 119 simple, multiple choice and compound, scenario questions, and you have 5 hours to answer all the questions. The required passing score for the AACE-PSP exam is 70% or higher. We have cracked the latest Planning & Scheduling Professional (PSP) Exam AACE-PSP online dumps, which can help you pass the test easily. Free Planning & Scheduling Professional (PSP) AACE-PSP exam online dumps are available below.

Page 1 of 4

1. Which of the following types of delay will NOT result in a time extension and additional compensation for a contractor?

Non-excusable delay

Compensable delay

Non-compensable delay

Excusable delay

2. 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.

The project plans and specifications

The project geotechnical report

The regulations published by the government aviation agency

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

3. In order for a claimant to be entitled to an extension of contract time for a delay event (and further to be considered compensable):

The delay must affect the critical path.

The delay must be concurrent with the delay attributable to both parties.

The delay must not cause monetary harm to the defendant.

The delay must affect the contractor's planned construction schedule.

4. Which of the following is NOT required when initially planning a project?

Resource Identification and leveling.

The duration of each task.

A schedule that identifies tasks required on a project.

Logical relationships between the tasks.

5. Which of the following is NOT a tool or technique used to perform scope planning?

Benefit cost analysis.

Schedule performance indexing.

Expert Judgment.

Alternatives identification.

6. Which of the following are NOT considerations or constraints of the planning process for construction scheduling?

Consideration of all stakeholders.

Value engineering.

Project variables.

Interest rate of owner's construction bonds.

7. What method offers the best chance of the schedule being used effectively to implement the project in the field?

Issue detailed schedule updates as frequently as possible.

Obtain consent and agreement to the schedule from the key project personnel.

Include detailed and stringent set of scheduling specifications in the contract.

Allow large time contingencies on milestones and completion deadlines.

8. At a minimum, periodic reporting must be done at what interval?

Monthly.

As requested by the project manager.

As requested by the owner.

As specified in the contract documents.

9. Which is NOT an industry-recognized methodology for quantifying critical delay?

Gantt Chart.

Periodic Windows.

Collapsed As-Built.

Time Impact.

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

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

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

ADM is manual CPM calculations, while PDM is computerized.

ADM uses arrows, while PDM uses boxes.

Page 2 of 4

11. Time-scaled logic diagrams are

Only calculated using a computer.

The same as a pure-logic diagram.

Used to calculate the most probable activity duration.

Logic networks that are drawn to match the calendar.

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

Use gross building square footages. The pluses and minuses all average out.

Look at each activity independently and don't follow specific logic paths when assigning activity durations.

Divide activities into smaller activities. This will increase activity detail and duration estimate accuracy.

Use the people responsible for performing the work as a resource to assign activity durations.

13. You are developing a detailed critical path schedule for a proposed petrochemical plant. The schedule will become a part of the project baseline document, which will be sent to the company's board of directors for its consideration.

What document or resource is likely to be MOST valuable in determining the schedule's work activity durations?

Industry publications.

Critical path schedules prepared by you for similar completed projects.

The Petrochemical Industry New Plant Task Duration Handbook.

The cost estimate for the plant prepared by your firm's estimating department.

14. Free float is the

Difference between the early dates and late dates of an activity.

Amount of time the early start of an activity can be delayed without impacting the early start of the successor activity.

Difference between the early finish dates and late finish dates of an activity.

Difference In float value of the critical path activities and the float value of the specific activity being analyzed.

15. What is a key first step in developing a critical path method schedule?

Drawing a bar chart of the key phrases of the work.

Defining the execution plan to meet the required scope of work.

Setting out the resource to be used and its limitations.

Drawing the logic diagram.

16. Assuming conventional finish-to-start relationships, to calculate a schedule retaining the existing logic means that

It is calculated using the original logic.

It is calculated using logic reflecting out-of-sequence progress.

An out-of-sequence activity cannot resume until all predecessors are finished.

There is no such thing.

17. A driving relationship is _____________________.

A critical relationship.

A finish-to-start relationship.

The link between two related activities.

The link between a predecessor and the activity whose dates it controls.

18. 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

Finish-no-earlier constraint on the first activity

Finish-no-earlier constraint on the last activity

Finish-no-later constraint on the last activity

Start-no-later constraint on the first activity

19. An early start constraint dictates

An activity's remaining duration.

The planned start of a successor activity

The planned start of an activity.

The actual start of an activity.

20. Constraints control events or activities that __________________.

Affect only the forward pass.

Are not based on project relationships.

Affect only the backward pass.

May be over-ridden by activity logic.

Page 3 of 4

21. Which of the following is NOT required when performing weekly or monthly schedule updates?

Percent complete.

Remaining duration of activities.

Actual finish of activities.

Original duration of activities.

22. Which of the following will always describe the critical path? The path with

The longest duration through the network.

Zero float.

Negative float.

The shortest duration and negative float.

23. Of the following update procedures, which is the least important in achieving an accurate forecast for completion of a construction schedule?

Estimating remaining durations of activities.

The correct recording of actual start dates.

Making "downstream" logic revisions as required.

Entering the time impacts of delays and change orders.

24. 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?

Use the progressed portion of the critical path of all the updates previous to the current update.

Use the progressed portion of the critical path of the baseline schedule.

Interview the project personnel for their perceptions and opinions because the schedule is usually inadequate.

Use the forward-looking critical path of the most current updates.

25. An earned value-based project control system can use either of which two budgets as the basis of its calculations?

Labor hours or dollars.

Direct or indirect cost.

Earned or budgeted cost yearly.

Linear feet or dollars.

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

27. Under which circumstance should one perform resource-leveling calculations?

When the contract contains a provision for float-banking.

When you believe that known resource limitations may override schedule logic.

Never, unless required by the contract.

When the schedule is resource-loaded.

28. Resource planning must take all of the following into account except for

Types of materials, equipment and labor skills required to complete the project.

Earned value techniques established for the project.

Time available to complete the project.

Cash flow (expenditure) limitations for completing work on the project.

29. When resource leveling craft labor for a critical path schedule, the scheduler

Must consider breaks in continuity of work for subcontractors, thereby possibly incurring additional subcontractor mobilization and demobilization costs.

Can depend on the results of the resource leveling operation to reflect a useful realignment of all schedule activities without 'further analysis.

Need not consider its effects, as it is a theoretical concept with limited application to construction projects.

Need only consider the non-union crafts persons.

30. Project delays are best analyzed

After either the contractor or the owner acknowledges ^responsibility for the delay.

Contemporaneously with the delay.

By an expert after the project is finished when complete records are available and the impact is known.

Late in the project.

Page 4 of 4

31. All the following describe the critical path of a schedule EXCEPT:

Determined by network logic and is the chain of activities that controls the overall project completion time.

Frequently defined as the shortest path through the schedule.

Changed by redefining the network logic or changing activity durations or both.

The series of activities having the least amount of total float.

32. 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?

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

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

The schedule is projecting an "early completion".

Certain activities in the critical path have no successors.

33. Each of the following accurately describes total float in a schedule EXCEPT:

The amount of time an activity can be delayed without delaying the overall project completion time.

Can be positive or negative.

The amount of time an activity can be delayed without delaying the start or occurrence of any other activity or event in the network.

Computed for an activity by subtracting its early finish from its late finish, or its early start from its late start.

34. The amount of time that an activity can be delayed from its early start date without delaying project completion is called

Negative float.

Free float.

Total float.

Interfering float.

35. In its simplest form, what is the main drawback of critical path method scheduling?

It requires a backward pass to calculate late dates.

It assumes that resources are unlimited.

It doesn't account for interdependent between activities.

It allows for Precedence Diagramming Method to be used in place of Arrow Diagramming Method.

36. If after calculating a schedule an activity exhibits negative total float, which of the following is certain? The activity

Is a milestone.

It is on the critical path.

Was completed in the past.

Has yet to be completed.

37. Which of the following will NOT affect the total float calculation of a non-resource leveled schedule?

Multiple calendars.

Start and finish constraints.

Preferential logic.

Front end loading.

38. 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?

Not suitable for complicated projects with multiple planned critical paths.

Accuracy is increased by inserting delaying events into the as-planned schedule.

Not suitable for projects with long durations.

Less accurate as the analysis advances through the project.

Planning & Scheduling Professional (PSP) Exam AACE-PSP Online Dumps

Planning & Scheduling Professional (PSP) Exam AACE-PSP Online Dumps

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