Pass the AACE International Professional Level Certifications PSP Questions and answers with CertsForce

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Questions # 1:

Using the "normal" schedule, given Activity 3001 and the relationship with Activity 4001, what is indicated?

Question # 1

Options:

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 occur in series with a 15-day lag.


D.

The activities run concurrently.


Expert Solution
Questions # 2:

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

Question # 2

Options:

A.

2003 and 7001.


B.

2004.


C.

4001, 5001 and 6001.


D.

4001 and 5001.


Expert Solution
Questions # 3:

Determine the correct formula and date for the late start for the Activity 11001:

Question # 3

Options:

A.

LF of 11001 less 27 days plus 1 day equaling 14 Jan 2024


B.

LF of 1000 less 25 days equaling 16 Jan 2024


C.

LF of 11001 less duration of 11001 equaling 16 Jan 2024


D.

LF of 11001 less 25 days plus 1 day equaling 16 Jan 2024


Expert Solution
Questions # 4:

Estimate to complete (ETC) is __________________.

Options:

A.

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


B.

The costs actually incurred in accomplishing the work performed


C.

The expected total cost of an activity, group of activities or the project


D.

The value of the completed work expressed in terms of the budget assigned to that work


Expert Solution
Questions # 5:

Activity C is a

Options:

A.

Contentious activity.


B.

Continuous activity.


C.

1-day activity.


D.

Milestone.


Expert Solution
Questions # 6:

Select the most appropriate explanation for use of a winter/wet weather seasonal calendar for use in this project?

Options:

A.

to highlight a time when there are more holidays and work therefore will be slower and there will be more absenteeism


B.

to denote a time during which work may not progress as fast as planned and cost and risk may be elevated


C.

to provide a key to co-a weather for safety meetings


D.

to show a difference in the calendar year


Expert Solution
Questions # 7:

What changes to logic would eliminate Activity B from the critical path?

Options:

A.

Replace the relationship from Activity B to Activity C with SSO


B.

Reduce the lag value of the relationship from Activity A to Activity B from 5 to 0


C.

Add a SS 15 relationship from Activity A to Activity B and replace the relationship from Activity A to Activity B with FFO


D.

Replace the relationship from Activity A to Activity B with FFO and add an FSO relationship from Activity A to Activity C


Expert Solution
Questions # 8:

What is the actual duration as of the status date or data date of Activity B?

Question # 8

Options:

A.

7.


B.

3.


C.

0.


D.

4.


Expert Solution
Questions # 9:

Project schedules help control all of the following EXCEPT for_____________________.

Options:

A.

Quality


B.

Cost


C.

Resources


D.

Time


Expert Solution
Questions # 10:

Which of the following will NOT affect the total float calculation of a non-resource leveled schedule?

Options:

A.

Multiple calendars.


B.

Start and finish constraints.


C.

Preferential logic.


D.

Front end loading.


Expert Solution
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