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AACE-PSP Online Practice Questions and Answers

Questions 4

Crane operators require 1 hour prep and 1 hour clean-up and inspection per day. There is only 1 crane operator allocated per crane. Crane operators are not allowed to work more than 8 hours a day. Lunchtime break lasts 1 hour. Assuming a 10 minute cycle time, how many lifts per day can be expected?

A. 36 lifts

B. 24 lifts

C. 30 lifts

D. 48 lifts

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Questions 5

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

A. LS.11001 + 25 days.

B. 02-19-04.

C. EF.11001.

D. EF.11001 + 1 day.

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Questions 6

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

A. Percent complete.

B. Remaining duration of activities.

C. Actual finish of activities.

D. Original duration of activities.

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Questions 7

Which of the following is NOT a tool or technique used to perform scope planning?

A. Benefit cost analysis.

B. Schedule performance indexing.

C. Expert Judgment.

D. Alternatives identification.

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Questions 8

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. 80 lifts

B. 50 lifts

C. 5 lifts

D. 20 lifts

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Questions 9

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

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Questions 10

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

A. Detailed listing of working days for each calendar used

B. Predecessor and successor listing with logic type and lag duration, preferably sorted by activity ID

C. Assigned party responsibility for each work task

D. Tabular listing of activities showing duration, calendar ID, early and late dates

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Questions 11

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

A. The longest duration through the network.

B. Zero float.

C. Negative float.

D. The shortest duration and negative float.

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Questions 12

Each of the following accurately describes total float in a schedule EXCEPT:

A. The amount of time an activity can be delayed without delaying the overall project completion time.

B. Can be positive or negative.

C. The amount of time an activity can be delayed without delaying the start or occurrence of any other activity or event in the network.

D. Computed for an activity by subtracting its early finish from its late finish, or its early start from its late start.

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Questions 13

In its simplest form, what is the main drawback of critical path method scheduling?

A. It requires a backward pass to calculate late dates.

B. It assumes that resources are unlimited.

C. It doesn't account for interdependent between activities.

D. It allows for Precedence Diagramming Method to be used in place of Arrow Diagramming Method.

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Exam Code: AACE-PSP
Exam Name: Planning & Scheduling Professional (PSP)
Last Update: Jan 14, 2025
Questions: 163
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