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PSP Exam Dumps - AACE International Professional Level Certifications Questions and Answers

Question # 34

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?

Options:

A.

8 work days

B.

18 work days

C.

7 work days

D.

15 workdays

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Question # 35

At the end of month one, did the delay to the parking structure foundation delay the project?

Options:

A.

NO.

B.

Yes, by 4 calendar days.

C.

Yes, by 14 calendar days.

D.

Yes, by 9 calendar days.

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Question # 36

As a change to the network for the current update, activity 6002 is required to begin ten days after the beginning of activity 6001. Which is the simplest logic organization?

Options:

A.

A start-to-start relationship with a ten-day lag assigned to activity 6001; activity 6002 will be dependent on activity 6001

B.

A start-to-start to relationship for both activities 6001 and 6002 with a ten-day lag assigned to activity 6002.

C.

A start-to-finish relationship with both activities 6001 and 6002 having a ten-day lag

D.

A finish-to-start relationship with a ten-day lag assigned to activity 6002; activity 6001 will be dependent on activity 6002

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Question # 37

Project delays are best analyzed

Options:

A.

After either the contractor or the owner acknowledges ^responsibility for the delay.

B.

Contemporaneously with the delay.

C.

By an expert after the project is finished when complete records are available and the impact is known.

D.

Late in the project.

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Question # 38

What does the narrow band at "Y" represent?

Options:

A.

Resource limitation period

B.

A delaying event

C.

You cannot tell with the information supplied

D.

A rework period

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Question # 39

You are the project manager of the AHQ project. This project is scheduled to last for six months and will require S345.000 to complete. If the project completes earlier than scheduled your organization will receive a bonus of S5 000 per day of early completion Management has asked you to develop an aggressive schedule to realize as much of the bonus as possible but management does not want you to increase the costs of the project beyond $1,000 per day of the bonus realization. Which of the following approaches will likely add costs to the project?

Options:

A.

Using the critical chain method

B.

Fast tracking

C.

Crashing

D.

Rebaseline the project

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Question # 40

The Cost Estimate is NOT developed to:

Options:

A.

quantify cost, and price the resources required by the Scope of Work

B.

predict uncertain future costs

C.

providing the basis for budgets

D.

determine the project performance goals

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Question # 41

Determine the driving activity for Activity 10001.

Options:

A.

Activity 11001.

B.

Activity 10002.

C.

Activity 9005.

D.

There is no driving activity for Activity 10001 in the backward pass.

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Question # 42

What day would Activity C complete if the duration of Activity A was reduced by five days?

Options:

A.

35

B.

30

C.

45

D.

40

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Question # 43

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

Options:

A.

Structural steel shop drawings.

B.

Shop drawings and centrifuge delay.

C.

Differing site conditions at parking structure.

D.

Differing site conditions and centrifuge delay.

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Exam Code: PSP
Exam Name: Planning & Scheduling Professional (PSP) Exam
Last Update: Nov 2, 2025
Questions: 216
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