Prepare Top AACE International AACE-PSP Exam Study Guide Practice Questions Edition [Q10-Q27] : Latest Exam Prep : http://certify.vceprep.com

Q10. How many work days does it take to move the product from testing to sale?

60.

70.

100.

90.

Q11. 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.

Q12. In the “normal” schedule, excluding Activity 1000, what activity(s) are concurrent with Activity 3001?

2003 and 7001.

2004.

4001, 5001 and 6001.

4001 and 5001.

Q13. 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?

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.

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.

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.

Q14. The BEST reason to use multiple calendars is to:

more accurately show how the project will be built

allow each specialty contractor to have a unique schedule of work/non-work periods

track owner activities according to their specific calendar in order to develop a good working relationship

evaluate float for the benefit of the contractor

Q15. 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.

Q16. Estimate to complete (ETC) is __________________.

The expected remaining cost needed to complete an activity, group of activities or the project

The costs actually incurred in accomplishing the work performed

The expected total cost of an activity, group of activities or the project

The value of the completed work expressed in terms of the budget assigned to that work

Q17. Using the “normal” schedule, given Activity 3001 and the relationship with Activity 4001, what is indicated?

These activities are concurrent with Activity 4001 starting 15 days after the start of Activity 3001.

These activities are concurrent with Activity 4001 starting 15 days earlier than the start of Activity 3001.

The activities occur in series with a 15-day lag.

The activities run concurrently.

Q18. Determine the correct formula and date for the late finish for Activity 9004.

LF of 10002 less 24 days

LS of 9004 plus 72 days

LF of 8001 plus 72 days

LS of 10002 less lag of 7 days plus 1 day equaling 20 Nov 2023

Q19. How many work days does it take to move the product from testing to sale?

60.

70.

100.

90.

Q20. If all other work proceeds according to the Baseline plan, how many times will the critical path change?

Does not change.

Q21. In a graphical earned value analysis, what time-scaled value determines the reporting intervals for both schedule and cost performance?

Budgeted cost of work scheduled

Budgeted cost of work performed

Schedule performance index

Actual cost of work scheduled

Q22. What is the relationship depicted between Activity G and Activity H?

You cannot tell with the supplied information.

Start-to-start.

Finish-to-start.

Finish-to-finish.

Q23. Assumptions made during the planning stage should be_____________.

a risk that is shifted to the implemented in the field

replaced with facts as soon as they are known

solely based on a solid experiential database

clearly stated as such in an internal memo

Q24. Using the “normal” schedule, if you start Activity 7001 on April 1, 2002, and using a 5-day workweek, what the finish date for Activity 7001?

06-11-02.

06-04-02.

06-18-02.

06-05-02.

Q25. 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.

Q26. Which activity is drawn in the incorrect position?

Activity G.

Activity E.

Activity C.

Activity D.

Q27. There is only enough room for a maximum of 4 cranes to be placed on-site. Assuming that a single crane can perform 35 lifts per day and that a column pour requires 60 lifts, what is the minimum number of tower cranes that should be used for the above described column pours?

2 cranes

1 crane

4 cranes

3 cranes