AACE International Planning & Scheduling Professional (PSP) Exam PSP Question # 27 Topic 3 Discussion
PSP Exam Topic 3 Question 27 Discussion:
Question #: 27
Topic #: 3
Which of the following statements is true?
A.
In the absence of contrary contractual language network float, as opposed to project float, there is a shared commodity between the owner and contractor
B.
In the absence of a contrary contractual language total float, as opposed to free float, there is a commodity belonging to the contractor
C.
In the absence of contrary contractual language total float, as opposed to tree float, there is a commodity belonging to the owner
D.
In the absence of contrary contractual language free float, as opposed to project float, there is not a shared commodity between the owner and the contractor
Network Float: The shared amount of time that non-critical activities can be delayed without affecting the project completion date.
Float ownership is not exclusive unless explicitly stated in the contract.
Evaluation of Options:
Option B: Incorrect. Total float does not belong solely to the contractor unless stated.
Option C: Incorrect. Total float is not exclusively owned by the owner unless stated in the contract.
Option D: Incorrect. Free float is tied to specific activities and not shared.
Option A: Correct. In the absence of specific contract terms, network float is generally shared.
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