[Dec 20, 2021] AACE-PSP Dumps PDF and Test Engine Exam Questions - Prep4away
Verified AACE-PSP exam dumps Q&As with Correct 120 Questions and Answers
How much Planning & Scheduling Professional (PSP) Exam Cost
The cost of this exam differs according to the region from where you are applying from and the exact amount of the exam will be available when you complete the application at AACE’s website and proceed to the payment section. Roughly speaking, it costs around USD 200. Hover on to the official website of AACE by clicking Apply now button from this website and choose your region for more pricing information. Other costs may also incur like buying the PSP dumps and then practicing for the exam via the PSP practice exams. If you have an AACE membership or you do apply for one, the certifications will be offered to you at discounted prices.
What is the duration, language, and format of the Planning & Scheduling Professional (PSP) Exam
- Total questions: 119
- Passing score: 70%
- Language of Exam: English
- Format: Multiple choice, compound, scenario questions + 1 memo writing assignment
- Duration of Exam: 5 hours
NEW QUESTION 39
Crane operators require 1 hour prep and 1 hour clean-up and inspection per day. There is only 1 crane operator allocated per crane. Crane operators are not allowed to work more than 8 hours a day. Lunchtime break lasts 1 hour. Assuming a 10 minute cycle time, how many lifts per day can be expected?
- A. 24 lifts
- B. 36 lifts
- C. 30 lifts
- D. 48 lifts
Answer: B
NEW QUESTION 40
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. Certain activities in the critical path have no successors.
- B. The schedule is projecting an "early completion".
- C. The schedule has too much detail to reflect an accurate critical path.
- D. Different calendars are assigned to certain activities in the logical chain.
Answer: A
NEW QUESTION 41
Which letter of the alphabet best approximates the graphical shape of a project's cumulative cost baseline, or budgeted cost of work scheduled?
- A. W.
- B. S.
- C. C.
- D. B.
Answer: B
NEW QUESTION 42
During proofing of the product manual, a problem was discovered requiring 15 days additional time to effect a correction. How can the date of availability be maintained?
- A. Delay manufacturing by 5 days.
- B. Expedite printing by 5 days.
- C. Expedite packaging by 5 days.
- D. Delay product release by 5 days.
Answer: D
NEW QUESTION 43
Determine the correct formula and date for the late start for the Activity 11001:
- A. LF.11001 - Dur.11001 -> 01-16-04.
- B. LF.11001 - 27 days + 1 day -> 01-14- 04.
- C. LF.1001 + DUR.10001 -> 01-14-04.
- D. LF.10001 + 1 day -> 01-16-04.
Answer: D
NEW QUESTION 44
Estimate to complete (ETC) is __________________.
- A. The value of the completed work expressed in terms of the budget assigned to that work
- B. The expected remaining cost needed to complete an activity, group of activities or the project
- C. The costs actually incurred in accomplishing the work performed
- D. The expected total cost of an activity, group of activities or the project
Answer: B
NEW QUESTION 45
Which activity is drawn in the incorrect position?
- A. Activity C.
- B. Activity D.
- C. Activity G.
- D. Activity E.
Answer: B
NEW QUESTION 46
Which of the following is NOT a tool or technique used to perform scope planning?
- A. Schedule performance indexing.
- B. Alternatives identification.
- C. Benefit cost analysis.
- D. Expert Judgment.
Answer: A
NEW QUESTION 47
The linear scheduling velocity diagram has the following two-axis:
- A. Time and rate of progress
- B. Time and location
- C. Location and crew size
- D. Time and crew size
Answer: A
NEW QUESTION 48
When resource leveling craft labor for a critical path schedule, the scheduler
- A. Need only consider the non-union crafts persons.
- B. Can depend on the results of the resource leveling operation to reflect a useful realignment of all schedule activities without 'further analysis.
- C. Need not consider its effects, as it is a theoretical concept with limited application to construction projects.
- D. Must consider breaks in continuity of work for subcontractors, thereby possibly incurring additional subcontractor mobilization and demobilization costs.
Answer: B
NEW QUESTION 49
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 uses arrows, while PDM uses boxes.
- D. ADM is manual CPM calculations, while PDM is computerized.
Answer: A
NEW QUESTION 50
How much Total Float does drafting the product manual have?
- A. 10 workdays.
- B. 15 workdays.
- C. 0 workdays.
- D. 5 workdays.
Answer: A
NEW QUESTION 51
Theoretically construct a summary activity for activities 2001 through 2004. Using the "normal" schedule, what is the cost of the hammock?
- A. $289,000
- B. $299,000
- C. $271,000
- D. $139,000
Answer: A
NEW QUESTION 52
How many work days does it take to move the product from testing to sale?
- A. 70.
- B. 90.
- C. 60.
- D. 100.
Answer: D
NEW QUESTION 53
Scenario:
The entire network consists of the following activities and relationships. Activity A is twenty days long and is tied to Activity B, a ten-day activity, with a finish-to-finish tie with a lag value of five Activity B is tied to Activity C, a twenty-day activity, with a start-to-start relationship with a lag value of five.
PSP Activities Table
Scope Known about Rock-Filled Dam Project:
The dam requires river diversion and work over two or more rainy seasons. The contract is lump sum, competitively bid, and will be self-performed. The owner has attempted to shift all risk to the contractor by employing "no differing sit conditions" and "no damage for delay" clauses. There is a bonus/penalty provision of $2,500 per calendar day for early or late delivery. The early completion bonus is capped at $500,000, with no cap for late delivery penalty.
Liquidated damages end at the finish of demobilization. Indirect costs per calendar day are $2,800 for the
"normal" schedule and $3,200 for the "crashed" schedule. The winter/wet weather season is 151 days between October 15 and March 25 of each year, reduces the efficiency of the contractor's operations by 20% and costs the contractor $10,000 per day. Assume a start date of March 5, 2001 and use a 7-day work week.
The following table lists work activities as planned by the contractor.
Theoretically construct a summary activity for only those activities with a finish-to-start relationship for Activities 8001 through 10001. Using the "normal" schedule, what is the cost of this hammock?
- A. $420,000.
- B. $524,000.
- C. $552,000.
- D. $307,000.
Answer: C
NEW QUESTION 54
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