Pass AACE International AACE-PSP exam questions - convert Test Engine to PDF [Q48-Q69]

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Pass AACE International AACE-PSP exam questions - convert Test Engine to PDF

Pass Your AACE-PSP Exam Easily - Real AACE-PSP Practice Dump Updated Jan 29, 2022

NEW QUESTION 48
Which of the following is NOT true?

  • A. Multiple calendars can affect the total float calculation.
  • B. Remaining durations can exceed original durations.
  • C. A network must contain only one Critical Path.
  • D. Constraints can interfere with the longest path calculation.

Answer: B

 

NEW QUESTION 49
What is the primary difference between the arrow diagramming method (ADM) and the precedence diagramming method (PDM)?

  • A. ADM is limited to finish-to-start logic relationships, while PDM is not.
  • B. PDM is a bar chart with network logic, while ADM is a pure logic network.
  • C. ADM uses arrows, while PDM uses boxes.
  • D. ADM is manual CPM calculations, while PDM is computerized.

Answer: A

 

NEW QUESTION 50
Which of the following is NOT required when performing weekly or monthly schedule updates?

  • A. Original duration of activities.
  • B. Actual finish of activities.
  • C. Percent complete.
  • D. Remaining duration of activities.

Answer: D

 

NEW QUESTION 51
Scenario:
The entire network consists of the following activities and relationships. Activity A is twenty days long and is tied to Activity B, a ten-day activity, with a finish-to-finish tie with a lag value of five Activity B is tied to Activity C, a twenty-day activity, with a start-to-start relationship with a lag value of five.

PSP Activities Table
Scope Known about Rock-Filled Dam Project:
The dam requires river diversion and work over two or more rainy seasons. The contract is lump sum, competitively bid, and will be self-performed. The owner has attempted to shift all risk to the contractor by employing "no differing sit conditions" and "no damage for delay" clauses. There is a bonus/penalty provision of $2,500 per calendar day for early or late delivery. The early completion bonus is capped at $500,000, with no cap for late delivery penalty.
Liquidated damages end at the finish of demobilization. Indirect costs per calendar day are $2,800 for the
"normal" schedule and $3,200 for the "crashed" schedule. The winter/wet weather season is 151 days between October 15 and March 25 of each year, reduces the efficiency of the contractor's operations by 20% and costs the contractor $10,000 per day. Assume a start date of March 5, 2001 and use a 7-day work week.
The following table lists work activities as planned by the contractor.

Theoretically construct a summary activity for only those activities with a finish-to-start relationship for Activities 8001 through 10001. Using the "normal" schedule, what is the cost of this hammock?

  • A. $420,000.
  • B. $524,000.
  • C. $552,000.
  • D. $307,000.

Answer: C

 

NEW QUESTION 52
How could the structural steel drawing delay have been prevented?

  • A. Release the structural steel for fabrication concurrent with review of structural steel shop drawings.
  • B. Allow adequate time for review and resubmittal in the baseline schedule.
  • C. Switch to post-tensioned concrete construction.
  • D. Add a time buffer at the end of structural steel activities.

Answer: D

 

NEW QUESTION 53
Determine the correct formula and date for the late finish for Activity 9004.

  • A. LS.10002 - 1 day -> 11-27-03.
  • B. LS.10002 - Lag.7 - l day -> 11-20-03.
  • C. LS.10002 + 1 day -> 11-29-03.
  • D. LS.10002^ Lag.7 + i day -> 11-20-03.

Answer: D

 

NEW QUESTION 54
What method offers the best chance of the schedule being used effectively to implement the project in the field?

  • A. Obtain consent and agreement to the schedule from the key project personnel.
  • B. Include detailed and stringent set of scheduling specifications in the contract.
  • C. Issue detailed schedule updates as frequently as possible.
  • D. Allow large time contingencies on milestones and completion deadlines.

Answer: A

 

NEW QUESTION 55
Determine the correct formula and date for the late start for Activity 9001.

  • A. LS.6001 Dur.6001 -> 11-20-02.
  • B. LF.9001 Dur.9001 -> 11-20-02.
  • C. The early finish is required in order to determine the answer.
  • D. There is insufficient data provided to calculate the answer.

Answer: B

 

NEW QUESTION 56
Which of the following will always describe the critical path? The path with

  • A. Zero float.
  • B. The longest duration through the network.
  • C. Negative float.
  • D. The shortest duration and negative float.

Answer: A

 

NEW QUESTION 57
Resource planning must take all of the following into account except for

  • A. Types of materials, equipment and labor skills required to complete the project.
  • B. Earned value techniques established for the project.
  • C. Time available to complete the project.
  • D. Cash flow (expenditure) limitations for completing work on the project.

Answer: B

 

NEW QUESTION 58
What is the actual duration as of the status date or data date of Activity B?

  • A. 4.
  • B. 7.
  • C. 0.
  • D. 3.

Answer: D

 

NEW QUESTION 59
By subtracting a measured unit productivity rate during an impacted period from the unit productivity rate during an unimpacted period, the resulting value represents:

  • A. Production output.
  • B. Acceleration.
  • C. Productivity loss.
  • D. Productivity efficiency.

Answer: C

 

NEW QUESTION 60
What was the original planned duration for Activity A through Activity G?

  • A. 25.
  • B. 24.
  • C. 26.
  • D. 28.

Answer: D

 

NEW QUESTION 61
Which of the following project planning situations is the most frequent contributor to cost overruns?

  • A. Insufficient planning for change management
  • B. Inadequate definition of scope at the estimate (budget) stage
  • C. Inappropriate definition of work breakdown structure
  • D. lack of detailed planning for operational start-up

Answer: B

 

NEW QUESTION 62
Using the "normal" schedule, theoretically construct a hammock for activities 2001 through 2004. What is the duration of the hammock?

  • A. 91 days
  • B. 168 days
  • C. 193 days
  • D. 183 days

Answer: D

 

NEW QUESTION 63
Theoretically construct a summary activity for activities 6001 through 6003. Identify the governing predecessor and successor activities for the hammock:

  • A. Predecessor is activity 5001, successor is activity 8001
  • B. Predecessor is activity 5001, successor is activity 8002
  • C. Predecessor is activity 4001, successor is activity 8001
  • D. Predecessor is activity 9001, successor is activity 9002

Answer: A

 

NEW QUESTION 64
Each column must be poured in one day. Each column requires 2,000 cubic feet of concrete. The lift bucket has a capacity of 40 cubic feet. How many lifts will be required per column pour?

  • A. 50 lifts
  • B. 80 lifts
  • C. 5 lifts
  • D. 20 lifts

Answer: A

 

NEW QUESTION 65
Which of the following will NOT affect the total float calculation of a non-resource leveled schedule?

  • A. Front end loading.
  • B. Preferential logic.
  • C. Multiple calendars.
  • D. Start and finish constraints.

Answer: A

 

NEW QUESTION 66
What is the relationship depicted between Activity G and Activity H?

  • A. You cannot tell with the supplied information.
  • B. Start-to-start.
  • C. Finish-to-finish.
  • D. Finish-to-start.

Answer: B

 

NEW QUESTION 67
Why does activity 11001 not show successor activities?

  • A. The early finish and late finish are circular
  • B. It is the penultimate work required for the project
  • C. The scheduler forgot to add the successor activities
  • D. It is the final activity for the required work for the project

Answer: D

 

NEW QUESTION 68
Determine the driving activity for Activity 10001.

  • A. Activity 11001.
  • B. Activity 10002.
  • C. Activity 9005.
  • D. There is no driving activity for Activity 10001 in the backward pass.

Answer: B

 

NEW QUESTION 69
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