[Aug-2021] AACE Certification AACE-PSP Exam Practice Dumps [Q52-Q75]

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[Aug-2021] AACE Certification AACE-PSP Exam Practice Dumps

2021 AACE-PSP Premium Files Test pdf - Free Dumps Collection

NEW QUESTION 52
The expected remaining cost needed to complete an activity, group of activities or the project is the____________.

  • A. Estimate at completion (EAC)
  • B. Estimate to complete (ETC)
  • C. Budget at completion (BAC)
  • D. Budgeted cost of work performed (BCWP)

Answer: B

 

NEW QUESTION 53
Of the following update procedures, which is the least important in achieving an accurate forecast for completion of a construction schedule?

  • A. Estimating remaining durations of activities.
  • B. The correct recording of actual start dates.
  • C. Entering the time impacts of delays and change orders.
  • D. Making "downstream" logic revisions as required.

Answer: D

 

NEW QUESTION 54
Determine the correct formula and date for the late finish for Activity 9004.

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

Answer: B

 

NEW QUESTION 55
Which of the following project planning situations is the most frequent contributor to cost overruns?

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

Answer: B

 

NEW QUESTION 56
When reconstructing a CPM schedule electronically from a hardcopy, which of the following is NOT required to determine the critical path?

  • A. Assigned party responsibility for each work task
  • B. Predecessor and successor listing with logic type and lag duration, preferably sorted by activity ID
  • C. Tabular listing of activities showing duration, calendar ID, early and late dates
  • D. Detailed listing of working days for each calendar used

Answer: A

 

NEW QUESTION 57
If drafting of the product manual overruns its planned duration by 5 days, how many days may the manufacturing be delayed without affecting release of the product?

  • A. 10 days.
  • B. 0 days.
  • C. 5 days.
  • D. 15 days.

Answer: B

 

NEW QUESTION 58
Constraints control events or activities that __________________.

  • A. May be over-ridden by activity logic.
  • B. Affect only the backward pass.
  • C. Affect only the forward pass.
  • D. Are not based on project relationships.

Answer: A

 

NEW QUESTION 59
Using the "normal" schedule, given Activity 3001 and the relationship with Activity 4001, what is indicated?

  • A. These activities are concurrent with Activity 4001 starting 15 days earlier than the start of Activity 3001.
  • B. These activities are concurrent with Activity 4001 starting 15 days after the start of Activity 3001.
  • C. The activities run concurrently.
  • D. The activities occur in series with a 15-day lag.

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 forward-looking critical path of the most current updates.
  • B. Use the progressed portion of the critical path of the baseline schedule.
  • 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 all the updates previous to the current update.

Answer: A

 

NEW QUESTION 61
If Activity E's duration changes to 4 months, what is the overall duration of the project.

  • A. 20 months.
  • B. 22 months.
  • C. 21 months.
  • D. 19 months.

Answer: A

 

NEW QUESTION 62
Why does activity 11001 not show successor activities?

  • A. It is the penultimate work required for the project
  • B. The early finish and late finish are circular
  • 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 63
The activity with the most total float is:

  • A. Activity D.
  • B. Activity I.
  • C. Activity C.
  • D. Activity F.

Answer: B

 

NEW QUESTION 64
Based on the stated costs, what percentage of the total cost comes from the 2000 series of activities?

  • A. 2.3% (1 : 43.501).
  • B. 3.9% (1 : 25.708)
  • C. 8.6% (1 : 11.591)
  • D. 9.1% (1 : 11.000).

Answer: A

 

NEW QUESTION 65
Free float is the

  • A. Difference between the early dates and late dates of an activity.
  • B. Difference between the early finish dates and late finish dates of an activity.
  • C. Amount of time the early start of an activity can be delayed without impacting the early start of the successor activity.
  • D. Difference In float value of the critical path activities and the float value of the specific activity being analyzed.

Answer: C

 

NEW QUESTION 66
Which letter of the alphabet best approximates the graphical shape of a project's cumulative cost baseline, or budgeted cost of work scheduled?

  • A. B.
  • B. C.
  • C. W.
  • D. S.

Answer: D

 

NEW QUESTION 67
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. Switch to post-tensioned concrete construction.
  • C. Add a time buffer at the end of structural steel activities.
  • D. Allow adequate time for review and resubmittal in the baseline schedule.

Answer: C

 

NEW QUESTION 68
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. Productivity loss.
  • B. Productivity efficiency.
  • C. Acceleration.
  • D. Production output.

Answer: A

 

NEW QUESTION 69
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 70
What does the narrow band at "Y" represent?

  • A. Resource limitation period.
  • B. You cannot tell with the information supplied.
  • C. A rework period.
  • D. Activity inactivity.

Answer: D

 

NEW QUESTION 71
Theoretically construct a summary activity for activities 2001 through 2004. Using the "normal" schedule, what is the cost of the hammock?

  • A. $289,000
  • B. $271,000
  • C. $139,000
  • D. $299,000

Answer: A

 

NEW QUESTION 72
If the administrative constraints for developing the precedence diagram, as provided in the contract documents, indicate that no individual construction activities shall have a longer duration of two months, how many activities in the "normal" schedule would be affected?

  • A. 12.
  • B. 14.
  • C. 13.
  • D. Cannot be determined.

Answer: A

 

NEW QUESTION 73
What is the free float for Activity F?

  • A. 0months.
  • B. 1months.
  • C. 3 months.
  • D. 2month.

Answer: A

 

NEW QUESTION 74
Which is NOT an industry-recognized methodology for quantifying critical delay?

  • A. Time Impact.
  • B. Gantt Chart.
  • C. Periodic Windows.
  • D. Collapsed As-Built.

Answer: B

 

NEW QUESTION 75
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