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AACE-PSP Online Practice Questions and Answers

Questions 4

Determine the correct formula and date for the late finish for Activity 2001.

A. LF.2001 - 1 day -> 08-28-01.

B. LS.2002- 1 day-> 08-29-01.

C. LS.2002 + 1 day -> 08-30-01.

D. LS.2002 - 1 day -> 08-28-01.

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Questions 5

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. 36 lifts

B. 24 lifts

C. 30 lifts

D. 48 lifts

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Questions 6

Activity 1001 started on the scheduled date but has slipped 10 days. Activity 10002 will slip 35 days. All remaining activities retain their original duration. What is the revised completion date?

A. 02-19-04

B. 03-21-04

C. 03-11-04

D. 03-20-04

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Questions 7

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

A. The delay must affect the critical path.

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

C. The delay must not cause monetary harm to the defendant.

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

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Questions 8

These are the activities on the critical path: A. A, D, and I.

B. A, C, E, and H.

C. A, B, G, and H.

D. A, B, F, and J

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Questions 9

In the "normal" schedule, excluding Activity 1000, what activity(s) are concurrent with Activity 3001?

A. 2003 and 7001.

B. 2004.

C. 4001, 5001 and 6001.

D. 4001 and 5001.

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Questions 10

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

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Questions 11

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

A. 2.

B. 1.

C. Does not change.

D. 3.

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Questions 12

Activity C is a

A. Contentious activity.

B. Continuous activity.

C. 1-day activity.

D. Milestone.

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Questions 13

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

A. Budget at completion (BAC)

B. Budgeted cost of work performed (BCWP)

C. Estimate to complete (ETC)

D. Estimate at completion (EAC)

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Questions 14

How much Total Float does drafting the product manual have?

A. 15 workdays.

B. 0 workdays.

C. 10 workdays.

D. 5 workdays.

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Questions 15

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.

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Questions 16

Why does activity 11001 not show successor activities?

A. The early finish and late finish are circular

B. It is the penultimate work required for the project

C. The scheduler forgot to add the successor activities

D. It is the final activity for the required work for the project

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Questions 17

If Activity E's duration changes to 4 months, what is the overall duration of the project.

A. 19 months.

B. 20 months.

C. 22 months.

D. 21 months.

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Questions 18

A driving relationship is _____________________.

A. A critical relationship.

B. A finish-to-start relationship.

C. The link between two related activities.

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

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Exam Code: AACE-PSP
Exam Name: Planning & Scheduling Professional (PSP)
Last Update: Mar 16, 2025
Questions: 163 Q&As

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