Get AACE International AACE-PSP Dumps Questions Study Exam Guide Dec 20, 2024
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NEW QUESTION # 45
If after calculating a schedule an activity exhibits negative total float, which of the following is certain? The activity
- A. Has yet to be completed.
- B. Is a milestone.
- C. It is on the critical path.
- D. Was completed in the past.
Answer: A
NEW QUESTION # 46
Activity durations are normally estimated in an intuitive and subjective way. All of the following will improve duration accuracy EXCEPT
- A. Use gross building square footages. The pluses and minuses all average out.
- B. Divide activities into smaller activities. This will increase activity detail and duration estimate accuracy.
- C. Use the people responsible for performing the work as a resource to assign activity durations.
- D. Look at each activity independently and don't follow specific logic paths when assigning activity durations.
Answer: A
NEW QUESTION # 47
What method offers the best chance of the schedule being used effectively to implement the project in the field?
- A. Issue detailed schedule updates as frequently as possible.
- B. Include detailed and stringent set of scheduling specifications in the contract.
- C. Allow large time contingencies on milestones and completion deadlines.
- D. Obtain consent and agreement to the schedule from the key project personnel.
Answer: D
NEW QUESTION # 48
Assuming that you had only one crane capable of 30 lifts per day, 3 column pours requiring 28 lifts each, plus associated assorted work requiring an additional 150 lifts, what is the minimum planned working duration for this work?
- A. 15 workdays
- B. 7 work days
- C. 18 work days
- D. 8 work days
Answer: D
NEW QUESTION # 49
In order for a claimant to be entitled to an extension of contract time for a delay event (and further to be considered compensable):
- A. The delay must affect the contractor's planned construction schedule.
- B. The delay must not cause monetary harm to the defendant.
- C. The delay must be concurrent with the delay attributable to both parties.
- D. The delay must affect the critical path.
Answer: D
NEW QUESTION # 50
What problems can a soils engineer deal with on a project?
- A. Archeological findings.
- B. Survey error.
- C. Hidden subsurface conditions.
- D. Toxic soils.
Answer: C
NEW QUESTION # 51
For the late finish for Activity 11001, select the most appropriate response for transitioning from the forward pass.
- A. EF.11001.
- B. EF.11001 + 1 day.
- C. LS.11001 + 25 days.
- D. 02-19-04.
Answer: D
NEW QUESTION # 52
Theoretically construct a summary activity for activities 6001 through 6003. Identify the governing predecessor and successor activities for the hammock:
- A. Predecessor is activity 4001, successor is activity 8001
- B. Predecessor is activity 5001, successor is activity 8001
- C. Predecessor is activity 9001, successor is activity 9002
- D. Predecessor is activity 5001, successor is activity 8002
Answer: B
NEW QUESTION # 53
Using the "normal" schedule, and assuming you are billing on the last day of the month for previous month and for appropriate partial months, how many invoices will you have for this project?
- A. 36.
- B. 40.
- C. 42.
- D. 37.
Answer: A
NEW QUESTION # 54
How many work days does it take to move the product from testing to sale?
- A. 70.
- B. 60.
- C. 90.
- D. 100.
Answer: D
NEW QUESTION # 55
Which of the following is NOT required when performing weekly or monthly schedule updates?
- A. Original duration of activities.
- B. Percent complete.
- C. Actual finish of activities.
- D. Remaining duration of activities.
Answer: D
NEW QUESTION # 56
What is the actual duration as of the status date or data date of Activity B?
- A. 4.
- B. 3.
- C. 7.
- D. 0.
Answer: B
NEW QUESTION # 57
If all other work proceeds according to the Baseline plan, how many times will the critical path change?
- A. 1.
- B. 3.
- C. Does not change.
- D. 2.
Answer: C
NEW QUESTION # 58
Which statement is true?
- A. Where compensability cannot be established, excusability is assumed.
- B. Where compensability can be established, excusabltity cannot be assumed.
- C. Where compensability can be established, excusability is assumed.
- D. Where compensability cannot be established, excusability is a given.
Answer: A
NEW QUESTION # 59
Estimate to complete (ETC) is __________________.
- A. The costs actually incurred in accomplishing the work performed
- B. The value of the completed work expressed in terms of the budget assigned to that work
- C. The expected total cost of an activity, group of activities or the project
- D. The expected remaining cost needed to complete an activity, group of activities or the project
Answer: D
NEW QUESTION # 60
What method would be the best way to determine the most likely as-built critical path of a project that is underway, and the schedule of which has been partially progressed?
- A. Use the progressed portion of the critical path of all the updates previous to the current update.
- B. Use the forward-looking critical path of the most current updates.
- C. Interview the project personnel for their perceptions and opinions because the schedule is usually inadequate.
- D. Use the progressed portion of the critical path of the baseline schedule.
Answer: B
NEW QUESTION # 61
Constraints control events or activities that __________________.
- A. Are not based on project relationships.
- B. Affect only the backward pass.
- C. Affect only the forward pass.
- D. May be over-ridden by activity logic.
Answer: D
NEW QUESTION # 62
The sum of all budgets for work scheduled to be accomplished within a given time period is the
____________.
- A. Budgeted cost of work performed (BCWP)
- B. Budgeted cost of work scheduled (BCWS)
- C. Budget at completion (BAC)
- D. Estimate at completion (EAC)
Answer: C
NEW QUESTION # 63
An earned value-based project control system can use either of which two budgets as the basis of its calculations?
- A. Earned or budgeted cost yearly.
- B. Labor hours or dollars.
- C. Direct or indirect cost.
- D. Linear feet or dollars.
Answer: A
NEW QUESTION # 64
Resource planning must take all of the following into account except for
- A. Earned value techniques established for the project.
- B. Cash flow (expenditure) limitations for completing work on the project.
- C. Time available to complete the project.
- D. Types of materials, equipment and labor skills required to complete the project.
Answer: A
NEW QUESTION # 65
What is the result of a forward pass calculation?
- A. Value of free float for individual activities
- B. Critical path
- C. Early start and early finish date for individual activities
- D. Value of total float for individual activities
Answer: C
NEW QUESTION # 66
The amount of time that an activity can be delayed from its early start date without delaying project completion is called
- A. Interfering float.
- B. Negative float.
- C. Free float.
- D. Total float.
Answer: D
NEW QUESTION # 67
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