NEW 2025 Certification Sample Questions AACE-PSP Dumps & Practice Exam
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AACE International AACE-PSP (Planning & Scheduling Professional) certification is a leading standard in the field of project planning and scheduling. Planning & Scheduling Professional (PSP) Exam certification is recognized globally as the mark of excellence, expertise, and commitment to the profession by professional planners and schedulers. Planning & Scheduling Professional (PSP) Exam certification, which is awarded by AACE International, is designed to test and demonstrate the knowledge, skills, and abilities of candidates in the field of project planning and scheduling.
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NEW QUESTION # 95
Total float is defined as the amount of time an activity can be delayed without impacting
- A. The next activity
- B. The overall project completion
- C. The buoyancy of a successor activity
- D. The end of that activity
Answer: B
NEW QUESTION # 96
Assuming a total of 30 lifts per crane per day, what is the maximum number of lifts that could be accomplished using 3 small tower cranes over a 5-day period?
- A. 150 lifts
- B. 450 lifts
- C. 300 lifts
- D. 45 lifts
Answer: B
NEW QUESTION # 97
What is the actual duration as of the status date or data date of Activity B?
- A. 4.
- B. 7.
- C. 3.
- D. 0.
Answer: C
NEW QUESTION # 98
What is accurate about Activity 7001 in the precedence diagram?
- A. The LF is not correct
- B. The LF is correct
- C. The TF is not calculated correctly
- D. The successor FF lag from 7001 to 11001 is not shown
Answer: D
NEW QUESTION # 99
Using the "normal" schedule, given Activity 3001 and the relationship with Activity 4001, what is indicated?
- A. These activities are concurrent with Activity 4001 starting 15 days after the start of Activity 3001.
- B. These activities are concurrent with Activity 4001 starting 15 days earlier than the start of Activity 3001.
- C. The activities run concurrently.
- D. The activities occur in series with a 15-day lag.
Answer: D
NEW QUESTION # 100
Constraints control events or activities that __________________.
- A. Are not based on project relationships.
- B. May be over-ridden by activity logic.
- C. Affect only the forward pass.
- D. Affect only the backward pass.
Answer: B
NEW QUESTION # 101
Is activity 7001 pictured correctly in the precedence diagram?
- A. Yes, except the early finish date is not shown.
- B. Yes, the duration is 48 days.
- C. No, the total float is not shown correctly.
- D. No, the start-to-start and finish-to-finish relationships are backwards.
Answer: B
NEW QUESTION # 102
Background
Your name is Evan Marshal. You are the corporate scheduler for Happy Insurance Corporation (HIC), a general health insurance company located in Ridgemond, Illinois. HIC is very busy with 49 unique software development projects. The organization structure at HIC gives the project scheduling responsibility to the Project Manager assigned to each project. You are charged with coordination of the project schedules into a Master Schedule and quality control for scheduling on the individual development projects. You report directly to the Director of Information Services (DIS), Desmond Rayburn.
It has come to your attention Project JP-114 has fallen behind schedule and Rita Belateau, the Project Manager, wants to accelerate the project in order to reclaim lost time. Rita is a strong supporter of Total Quality Management and strives for zero failures; therefore she is assessing the need for overtime for resources assigned to an activity that is not projecting a completion prior to the early finish depicted in the current schedule.
You and Rita review the current schedule to identify which activities are on the critical path and which activities have plenty of float. The review reveals several activities have suffered less than planned productivity and have contributed to falling behind. In the process of this review, you and Rita also review the budget for Project JP-114 and notice not only the schedule has fallen behind but the cost to date is more than she had expected. To total budget is $150,000, planned to date is $30,000; expended to date is $37,000.
With nine months remaining until baseline contract completion, Rita needs to bring Project JP-114 back on track; knowing overtime for an extended period of time is not always the right answer, especially with the cost to date already over planned.
In order to truly understand the options available to help remedy the current situation, you and Rita brainstorm on several potential courses of action. All the potential courses of action will require an evaluation of budget impact versus schedule correction.
1. Pull the project team together and ensure everyone understands which activities are on the critical path. Rita would like to use the existing project team and focus them on these critical path activities, laying out a plan for periodic overtime when needed to crunch through a deliverable. This approach could add approximately 20% to the budget.
2. Outsource various modules of activities to qualified and known consultants. This could drive up the costs and must be evaluated before implemented. Having an outside source working in parallel with the project team could also accelerate the schedule to mitigate some of the delays, as well as keep overtime down to a minimum for the project team. Potentially this could add as much as 40% to the budget, but could also be very productive schedule wise.
3. Mandatory overtime for the project team - entire project goes on a 50-hour work week. If the entire project team works overtime for an extended period of time, the budget could see an additional 60% increase.
4. The project continues as is completes the project late and accepts the penalties imposed. Penalties imposed for late delivery could add as much as 50% to the budget.
Assignment
Draft a proper memorandum to Desmond Raybum, IS Director, explaining in your own words:
a. the current problem and potential impact(s);
b. each course of action, stating advantages and disadvantages as appropriate; c. your recommendations, properly supported.
Please be sure to include the rationale for your recommendations. Be sure to summarize your thoughts and address (To, From, Date, and Subject/Project Name) and close the memo appropriately. If you are uncomfortable with the courses of action noted, provide your own with appropriate substantiation for your position. Limit your answer to one, full typewritten page (roughly three handwritten pages).
While your email can be a detailed as you like, be sure to write sufficiently to address each element of the assignment, yet not so long that you go beyond the scope of the exercise.
Take time to read the problem and consider what you want Evan to say. Good luck!
Answer:
Explanation:
Pending
NEW QUESTION # 103
If Activity E's duration changes to 4 months, what is the overall duration of the project.
- A. 22 months.
- B. 21 months.
- C. 20 months.
- D. 19 months.
Answer: C
NEW QUESTION # 104
Using the normal schedule and excluding general conditions, which activities are NOT on the critical path?
- A. 7001, 8001, 9001. 9003. 9004. 10002
- B. 2003,8001.9001.9002,9005,10001
- C. 6001, 8001, 9001. 9002, 9004. 9005
- D. 5001,7001.8001,9001,9004,9005
Answer: C
NEW QUESTION # 105
Which of these letters, symbols or words best approximates the graphical shape of a project's cumulative BCWS?
- A. Bell curve
- B. _
- C. /
- D. S
Answer: D
NEW QUESTION # 106
Why does activity 11001 not show successor activities?
- A. The scheduler forgot to add the successor activities
- B. The early finish and late finish are circular
- C. It is the penultimate work required for the project
- D. It is the final activity for the required work for the project
Answer: D
NEW QUESTION # 107
An early start constraint dictates
- A. The planned start of an activity.
- B. The actual start of an activity.
- C. An activity's remaining duration.
- D. The planned start of a successor activity
Answer: B
NEW QUESTION # 108
What was the original planned duration for Activity A through Activity G?
- A. 25.
- B. 26.
- C. 24.
- D. 28.
Answer: D
NEW QUESTION # 109
Identify the late finish to develop plans and specs.
- A. 8 months.
- B. 7 months.
- C. 10 months.
- D. 9 months.
Answer: D
NEW QUESTION # 110
What is the workweek period for this project?
- A. Sunday through Friday
- B. Sunday through Saturday
- C. Monday through Saturday
- D. Monday through Friday
Answer: B
NEW QUESTION # 111
The work breakdown structure is used to organize
- A. The chart of accounts
- B. The smallest defined work packet
- C. Similar activity coding of schedule activities
- D. "Smart activity ID codes" representing similar items of scheduled work
Answer: B
NEW QUESTION # 112
Determine the correct formula and date for the late start for the Activity 11001:
- A. LF of 11001 less 25 days plus 1 day equaling 16 Jan 2024
- B. LF of 11001 less 27 days plus 1 day equaling 14 Jan 2024
- C. LF of 1000 less 25 days equaling 16 Jan 2024
- D. LF of 11001 less duration of 11001 equaling 16 Jan 2024
Answer: B
NEW QUESTION # 113
Project schedules help control all of the following EXCEPT for_____________________.
- A. Quality
- B. Resources
- C. Cost
- D. Time
Answer: A
NEW QUESTION # 114
Determine the driving activity for Activity 10001.
- A. Activity 9005.
- B. There is no driving activity for Activity 10001 in the backward pass.
- C. Activity 11001.
- D. Activity 10002.
Answer: D
NEW QUESTION # 115
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Planning & Scheduling Professional (PSP) Exam Certification Path
The certification path for the Planning & Scheduling Professional (PSP) Exam consists only of this Planning & Scheduling Professional (PSP) Examination. The applicants must fulfill the eligibility criteria of having at least 8 years of industry experience only or 4 years of industry experience plus 4 years of a related degree from a college.
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