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

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Questions # 1:

What is the workweek period for this project?

Question # 1

Options:

A.

Monday through Friday


B.

Sunday through Friday


C.

Monday through Saturday


D.

Sunday through Saturday


Expert Solution
Questions # 2:

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


Expert Solution
Questions # 3:

Which of the following options is NOT a feasible method to reduce the overall completion time of the toll road program?

Options:

A.

Subcontract outside forces to accelerate the Phase A Schedule


B.

Allocating forces from other BILCO contracts to the toll road project


C.

Proceeding with the work in advance of the environmental studies


D.

Reduce the phasing from 5 phases to 3 phases


Expert Solution
Questions # 4:

If someone wanted to constrain a project's end date so that any project slippage would cause negative float, they would do so by using

Options:

A.

Finish-no-earlier constraint on the first activity


B.

Finish-no-earlier constraint on the last activity


C.

Finish-no-later constraint on the last activity


D.

Start-no-later constraint on the first activity


Expert Solution
Questions # 5:

What is the free float for Activity F?

Question # 5

Options:

A.

3 months.


B.

0months.


C.

1months.


D.

2month.


Expert Solution
Questions # 6:

A KPI is an acronym for:

Options:

A.

Key Planning Index


B.

Known Planning Impediments


C.

Keep Parameter Integrity


D.

Key Performance Indicator


Expert Solution
Questions # 7:

What day would Activity C complete if the duration of Activity B was reduced to zero?

Options:

A.

50


B.

20


C.

30


D.

40


Expert Solution
Questions # 8:

Using the crashed schedule, if you start Activity 2002 on 12 August 2021. what is the finish date for Activity 2002?

Options:

A.

19 Sep 2021


B.

08 Sep 2021


C.

09 Sep 2021


D.

27 Aug 2021


Expert Solution
Questions # 9:

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

Question # 9

Options:

A.

LS.11001 + 25 days.


B.

02-19-04.


C.

EF.11001.


D.

EF.11001 + 1 day.


Expert Solution
Questions # 10:

Determine the correct formula and date for the late finish for Activity 2002.

Question # 10

Options:

A.

LS.2003 - 1 day -> 11.06.01.


B.

LS.2003 - 1 day -> 10-06-01.


C.

LS.2003 + 1 day -> 10-07-01.


D.

LS.2003 - 1 day -> 10-05-01.


Expert Solution
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