Planning Scheduling Professional (PSP) Exam AACE-PSP Dumps

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AACE-PSP
Exam Name: Planning & Scheduling Professional (PSP)
Exam
Full version: 120 Q&As
Full version of AACE-PSP Dumps
Share some AACE-PSP exam dumps below.
1. Which is NOT an industry-recognized methodology for quantifying critical delay?
A. Gantt Chart.
B. Periodic Windows.
C. Collapsed As-Built.
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D. Time Impact.
Answer: A
2. Why does activity 11001 not show successor activities?
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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
3. What is the relationship depicted between Activity G and Activity H?
Refer to the time-scaled network diagram and other information to answer the following
questions. Please consider this to be the entire network.
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A. You cannot tell with the supplied information.
B. Start-to-start.
C. Finish-to-start.
D. Finish-to-finish.
Answer: B
4. Determine the correct formula and date for the late finish for Activity 2002.
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A. LS.2003 - 1 day -> 11.06.01.
B. LS.2003 - 1 day -> 10-06-01.
C. LS.2003 + 1 day -> 10-07-01.
D. LS.2003 - 1 day -> 10-05-01.
Answer: D
5. Budgeted cost of work scheduled is _______________________.
A. The value of the completed work expressed in terms of the budget assigned to that work
B. The total authorized budget for accomplishing the project scope
C. The expected total cost of an activity, group of activities or the project
D. The sum of all budgets for work scheduled to be accomplished within a given time period
Answer: C
6. Mandatory overtime for the project team - entire project goes on a 50-hour work week. If the
entire project team works overtime for an extended period of time, the budget could see an
additional 60% increase.
7. The project continues as is completes the project late and accepts the penalties imposed.
Penalties imposed for late delivery could add as much as 50% to the budget.
Assignment
Draft a proper memorandum to Desmond Raybum, IS Director, explaining in your own words:
A. the current problem and potential impact(s);
b. each course of action, stating advantages and disadvantages as appropriate; c. your
recommendations, properly supported.
Please be sure to include the rationale for your recommendations. Be sure to summarize your
thoughts and address (To, From, Date, and Subject/Project Name) and close the memo
appropriately. If you are uncomfortable with the courses of action noted, provide your own with
appropriate substantiation for your position. Limit your answer to one, full typewritten page
(roughly three handwritten pages).
While your email can be a detailed as you like, be sure to write sufficiently to address each
element of the assignment, yet not so long that you go beyond the scope of the exercise. Take
time to read the problem and consider what you want Evan to say. Good luck!
Answer: Pending
8. An earned value-based project control system can use either of which two budgets as the
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basis of its calculations?
A. Labor hours or dollars.
B. Direct or indirect cost.
C. Earned or budgeted cost yearly.
D. Linear feet or dollars.
Answer: A
9. Using the "crashed" schedule, if you start Activity 2002 on August 12, 2001, what is the finish
date for Activity 2002?
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A. 09-28-01.
B. 09-08-01.
C. 09-15-01.
D. 09-18-01.
Answer: B
10. Theoretically construct a summary activity for activities 6001 through 6003.
Identify the governing predecessor and successor activities for the hammock:
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A. Predecessor is activity 5001, successor is activity 8001
B. Predecessor is activity 4001, successor is activity 8001
C. Predecessor is activity 9001, successor is activity 9002
D. Predecessor is activity 5001, successor is activity 8002
Answer: A
11. Determine the driving activity for Activity 10001.
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A. Activity 11001.
B. Activity 10002.
C. Activity 9005.
D. There is no driving activity for Activity 10001 in the backward pass.
Answer: C
12. If someone wanted to constrain a project's end date so that any project slippage would
cause negative float, they would do so by using
A. Finish-no-earlier constraint on the first activity
B. Finish-no-earlier constraint on the last activity
C. Finish-no-later constraint on the last activity
D. Start-no-later constraint on the first activity
Answer: C
13. At a minimum, periodic reporting must be done at what interval?
A. Monthly.
B. As requested by the project manager.
C. As requested by the owner.
D. As specified in the contract documents.
Answer: D
14. In analyzing a logical chain of activities in a critical path method (CPM) schedule, what do
differing total float values within that chain typically indicate?
A. The schedule has too much detail to reflect an accurate critical path.
B. Different calendars are assigned to certain activities in the logical chain.
C. The schedule is projecting an "early completion".
D. Certain activities in the critical path have no successors.
Answer: C
15. What activities are concurrent to Activity 2001 in the "normal" schedule?
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A. 7001.
B. 1001.
C. 1000.
D. 2003.
Answer: A
16. Based on the stated costs, what percentage of the total cost comes from the 2000 series of
activities?
A. 3.9% (1 : 25.708)
B. 2.3% (1 : 43.501).
C. 9.1% (1 : 11.000).
D. 8.6% (1 : 11.591)
Answer: B
17. Pull the project team together and ensure everyone understands which activities are on the
critical path. Rita would like to use the existing project team and focus them on these critical
path activities, laying out a plan for periodic overtime when needed to crunch through a
deliverable. This approach could add approximately 20% to the budget.
18. Total float is defined as the amount of time an activity can be delayed without impacting
A. The overall project completion
B. The buoyancy of a successor activity
C. The next activity
D. The end of that activity
Answer: A
19. In a "crashed" schedule, which is a chain of activities that precede activity 2004?
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A. 1001, 2001, 2002, 2003
B. 2001, 2002, 2003, 2007
C. 1001, 2002, 2003
D. 1001, 2002, 2002, 2003, 3001
Answer: A
 
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