AACE-PSP Exam Dumps, AACE-PSP Practice Test Questions [Q65-Q86]

AACE-PSP Exam Dumps, AACE-PSP Practice Test Questions

PDF (New 2021) Actual AACE International AACE-PSP Exam Questions

NEW QUESTION 65
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 66
Time-scaled logic diagrams are

A. Logic networks that are drawn to match the calendar.
B. Only calculated using a computer.
C. The same as a pure-logic diagram.
D. Used to calculate the most probable activity duration.

Answer: A

NEW QUESTION 67
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?

A. 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.
B. 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.
C. 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.

Answer: C

NEW QUESTION 68
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 69
These are the activities on the critical path:

A. A, B, F, & J
B. A, C, E, & H.
C. A, D, & I.
D. A, B, G, & H.

Answer: D

NEW QUESTION 70
What is the result of a forward pass calculation?

A. Value of total float for individual activities
B. Critical path
C. Value of free float for individual activities
D. Early start and early finish date for individual activities

Answer: D

NEW QUESTION 71
Activity C is a

A. 1-day activity.
B. Continuous activity.
C. Milestone.
D. Contentious activity.

Answer: C

NEW QUESTION 72
Using the "normal" schedule, and assuming you are billing on the last day of the month for previous month and for appropriate partial months, how many invoices will you have for this project?

A. 42.
B. 40.
C. 36.
D. 37.

Answer: C

NEW QUESTION 73
Theoretically construct a summary activity for activities 6001 through 6003. Identify the governing predecessor and successor activities for the hammock:

A. Predecessor is activity 5001, successor is activity 8001
B. Predecessor is activity 5001, successor is activity 8002
C. Predecessor is activity 4001, successor is activity 8001
D. Predecessor is activity 9001, successor is activity 9002

Answer: A

NEW QUESTION 74
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 75
At a minimum, periodic reporting must be done at what interval?

A. Monthly.
B. As requested by the project manager.
C. As requested by the owner.
D. As specified in the contract documents.

Answer: D

NEW QUESTION 76
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 77
At the end of month one, did the delay to the parking structure foundation delay the project?

A. NO.
B. Yes, by 9 calendar days.
C. Yes, by 4 calendar days.
D. Yes, by 14 calendar days.

Answer: C

NEW QUESTION 78
Constraints control events or activities that __________________.

A. Are not based on project relationships.
B. Affect only the forward pass.
C. Affect only the backward pass.
D. May be over-ridden by activity logic.

Answer: D

NEW QUESTION 79
The amount of time that an activity can be delayed from its early start date without delaying project completion is called

A. Total float.
B. Free float.
C. Negative float.
D. Interfering float.

Answer: A

NEW QUESTION 80
For the late finish for Activity 11001, select the most appropriate response for transitioning from the forward pass.

A. EF.11001.
B. EF.11001 + 1 day.
C. LS.11001 + 25 days.
D. 02-19-04.

Answer: D

NEW QUESTION 81
What is the workweek period for this project?

A. Monday through Friday
B. Monday through Saturday
C. Sunday through Friday
D. Sunday through Saturday

Answer: D

NEW QUESTION 82
What is the free float for Activity F?

A. 2month.
B. 3 months.
C. 0months.
D. 1months.

Answer: C

NEW QUESTION 83
For which of these delays should an owner grant a time extension?

A. Shop drawings and centrifuge delay.
B. Structural steel shop drawings.
C. Differing site conditions and centrifuge delay.
D. Differing site conditions at parking structure.

Answer: D

NEW QUESTION 84
If the administrative constraints for developing the precedence diagram, as provided in the contract documents, indicate that no individual construction activities shall have a longer duration of two months, how many activities in the "normal" schedule would be affected?

A. 12.
B. Cannot be determined.
C. 14.
D. 13.

Answer: A

NEW QUESTION 85
Assuming that you had only one crane capable of 30 lifts per day, 3 column pours requiring 28 lifts each, plus associated assorted work requiring an additional 150 lifts, what is the minimum planned working duration for this work?