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AACE International is a non-profit professional association that provides education and certification to professionals in the project management and cost engineering fields. One of the certifications offered by AACE International is the Planning & Scheduling Professional (PSP) certification. The PSP certification is designed for professionals who specialize in planning and scheduling in the construction, engineering, and project management industries.

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AACE International Planning & Scheduling Professional (PSP) Exam Sample Questions (Q48-Q53):

NEW QUESTION # 48
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. Certain activities in the critical path have no successors.
D. The schedule is projecting an "early completion".

Answer: C

NEW QUESTION # 49
Using the "normal" schedule, theoretically construct a hammock for activities 2001 through 2004. What is the duration of the hammock?

A. 91 days
B. 193 days
C. 183 days
D. 168 days

Answer: C

NEW QUESTION # 50
The BEST reason to use multiple calendars is to:

A. evaluate float for the benefit of the contractor
B. more accurately show how the project will be built
C. allow each specialty contractor to have a unique schedule of work/non-work periods
D. track owner activities according to their specific calendar in order to develop a good working relationship

Answer: B

NEW QUESTION # 51
Which of the following types of delay will NOT result in a time extension and additional compensation for a contractor?

A. Compensable delay
B. Non-excusable delay
C. Non-compensable delay
D. Excusable delay

Answer: B

NEW QUESTION # 52
Activity 1001 started on the scheduled date but has slipped 10 days. Activity 10002 will slip 35 days. All remaining activities retain their original duration. What is the revised completion date?

A. 03-20-04
B. 03-11-04
C. 02-19-04
D. 03-21-04

Answer: B

NEW QUESTION # 53
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