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PSP Exam Dumps - AACE International Professional Level Questions and Answers

Question # 24

Project schedules help control all of the following EXCEPT for_____________________.

Options:

A.

Quality

B.

Cost

C.

Resources

D.

Time

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Question # 25

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

Options:

A.

Acceleration.

B.

Production output.

C.

Productivity loss.

D.

Productivity efficiency.

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Question # 26

Resource planning must take all of the following into account except for:

Options:

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.

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Question # 27

When using a detailed estimate as the basis for work package/activity durations, which element does NOT need to be identified before the activity durations can be calculated?

Options:

A.

Projected crew size

B.

Estimated labor hours

C.

Hours in a standard work day

D.

Estimated cost

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Question # 28

Which statement is true?

Options:

A.

Where compensability cannot be established, excusability is assumed.

B.

Where compensability can be established, excusabltity cannot be assumed.

C.

Where compensability cannot be established, excusability is a given.

D.

Where compensability can be established, excusability is assumed.

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Question # 29

SUBCO is a potential concrete bridge contractor based in a metropolitan area 300 miles away from your project. They have offered to supply manpower and equipment t BILCO at a per diem rate of $3,000 above their direct labor and equipment rates. In doing a cost benefit analysis, which of the following is NOT a consideration?

Options:

A.

SUBCO direct labor and equipment rates

B.

BILCO liquidated damages in the SDOT contract

C.

Pending negotiations with GOUGE.

D.

The distance of SUBCO to your project

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Question # 30

The data date or status date of a schedule represents the:

Options:

A.

date the monthly update is performed

B.

date the project manager turns in the schedule update

C.

system date when the software calculates the update

D.

date on which progress is based

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Question # 31

Management has determined the need to release the product 20 days earlier than planned. What tasks need to be expedited?

Options:

A.

Drafting and Proofing the Manual.

B.

Packaging only.

C.

Printing the Manual.

D.

Testing, Manufacturing and Packaging.

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Question # 32

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

Options:

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

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Question # 33

Determine the correct formula and date for the late finish for Activity 2002.

Options:

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.

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Exam Code: PSP
Exam Name: Planning & Scheduling Professional (PSP) Exam
Last Update: Feb 22, 2025
Questions: 163
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