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

 Crashed Schedule Predecessors to Activity 2004:

Activity 2004 (River Diversion to Pipeline) depends on completion of:

1001 (Preliminary Civil Work).

2001 (River Diversion Stage 1).

2002 (River Diversion Stage 2).

2003 (River Diversion Dam).

 Exclusion of Other Activities:

Activity 2007 is not part of the crashed schedule's direct predecessor chain.

Other options include duplicated or incorrect entries.

 PSP Study Guide Reference:

Logical sequence analysis confirms these predecessors (Ref: PSP Study Guide, Chapter 2A: Activity Sequencing and Critical Path Analysis).

 Understand the Concept of a Hammock Activity:

A hammock activity spans over multiple activities and reflects the cumulative duration from the earliest start to the latest finish of the grouped activities.

 Activities in the Hammock (6001–6003):

Activity 6001: Duration = 102 days, FS relationship with successor.

Activity 6002: Duration = 140 days, FS with 6001.

Activity 6003: Duration = 115 days, FS with 6002.

 Calculate the Duration:

Earliest Start of Activity 6001 → Latest Finish of Activity 6003.

Total duration = 102 + 140 + 115 = 362 days.

 Cross-Verification with Answer Options:

Option A: Incorrect. Overestimates.

Option C: Incorrect. Underestimates.

Option D: Incorrect. Underestimates.

Option B: Correct. Matches the calculated duration.

 Schedule Update Procedures:

Accurate schedule updates rely on entering actual data (start/finish dates, durations) and evaluating impacts of changes.

"Downstream" logic revisions may be needed but are less critical compared to ensuring accurate historical data and reflecting immediate changes.

 PSP Study Guide References:

Schedule updating emphasizes capturing accurate historical data and estimating remaining durations accurately​.

 Analysis of Options:

Option A and B: Key to progress tracking and forecasting.

Option D: Essential for reflecting impacts of delays and change orders.

Option C: While important, downstream logic revisions are less immediate compared to other procedures.

 Conclusion: The correct answer is C, as downstream logic revisions are less critical in achieving an accurate schedule forecast compared to other updates

Scheduling Professional Study Guide and Documents References

Forward Pass Calculation:

A forward pass determines the earliest start (ES) and earliest finish (EF) dates for all activities, progressing from project start to finish.

Total float is calculated later by comparing early and late dates.

PSP Study Guide References:

Forward and backward pass calculations are core elements of CPM scheduling methodology​.

Conclusion: The correct answer is B, as forward pass provides ES and EF for activities.

 Time-Scaled Logic Diagrams:

Represent activities with respect to a time scale (e.g., a calendar).

Show logical relationships and durations in a visually aligned manner, aiding in analysis and reporting.

 Common Misconceptions:

They are not the same as pure logic diagrams (B).

While often created using computer software, manual versions are also possible, so (A) is incorrect.

They are not specifically for calculating activity durations (C).

 PSP Study Guide References:

The guide identifies time-scaled logic diagrams as a tool for better visualization of schedules, where activities align with calendar dates​.

 Conclusion: The correct answer is D, as time-scaled logic diagrams are drawn to align activities with a calendar.

The use of a winter/wet weather seasonal calendar is essential in planning and scheduling to account for climatic conditions that can impact project timelines. The PSP Study Guide emphasizes identifying project variables, such as environmental conditions, and incorporating them into the project plan to manage risks and constraints effectively. Seasonal calendars help planners predict periods of reduced productivity, increased costs, and potential delays due to adverse weather conditions (PSP Study Guide, Subchapter 1.2.4, "Project Variables").

These calendars are particularly useful for:

Forecasting potential schedule impacts during specific periods.

Enhancing the accuracy of risk management plans (PSP Study Guide, Section 1.3.13, "Risk and Recovery Plan").

Aiding in decision-making regarding resource allocation during slow periods.

Free float is a concept in Critical Path Method (CPM) scheduling that refers to the amount of time an activity's early start can be delayed without affecting the early start of any immediately succeeding activities.

Option A refers to total float, which considers early and late dates of an activity​.

Option C also points to total float.

Option D does not define free float.

Free float is critical for project planners as it provides flexibility in scheduling without impacting downstream activities​.

 Late Finish (LF) is calculated by adjusting the Late Start (LS) of the subsequent activity (2003) by the lag value.

 The formula, LS of 2003 - 1 day, aligns with CPM principles where the predecessor's LF must occur before the successor starts.

 The date calculation, considering lags and dependencies, results in 06 Oct 2021.

 References: PSP Study Guide, Section 2.2.4 – Relationships and Calculations, Appendix A – Sample Calculations for LF and LS relationships.