[Sep-2021] Dumps Brief Outline Of The AACE-PSP Exam - TorrentExam
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NEW QUESTION 23
The activity with the most total float is:
- A. Activity D.
- B. Activity I.
- C. Activity C.
- D. Activity F.
Answer: B
NEW QUESTION 24
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. Certain activities in the critical path have no successors.
- B. The schedule has too much detail to reflect an accurate critical path.
- C. Different calendars are assigned to certain activities in the logical chain.
- D. The schedule is projecting an "early completion".
Answer: A
NEW QUESTION 25
What is a key first step in developing a critical path method schedule?
- A. Drawing the logic diagram.
- B. Drawing a bar chart of the key phrases of the work.
- C. Setting out the resource to be used and its limitations.
- D. Defining the execution plan to meet the required scope of work.
Answer: A
NEW QUESTION 26
Which of the following is NOT required when performing weekly or monthly schedule updates?
- A. Actual finish of activities.
- B. Percent complete.
- C. Original duration of activities.
- D. Remaining duration of activities.
Answer: D
NEW QUESTION 27
What problems can a soils engineer deal with on a project?
- A. Survey error.
- B. Archeological findings.
- C. Hidden subsurface conditions.
- D. Toxic soils.
Answer: C
NEW QUESTION 28
Determine the driving activity for Activity 10001.
- A. There is no driving activity for Activity 10001 in the backward pass.
- B. Activity 10002.
- C. Activity 11001.
- D. Activity 9005.
Answer: B
NEW QUESTION 29
What method offers the best chance of the schedule being used effectively to implement the project in the field?
- A. Obtain consent and agreement to the schedule from the key project personnel.
- B. Allow large time contingencies on milestones and completion deadlines.
- C. Issue detailed schedule updates as frequently as possible.
- D. Include detailed and stringent set of scheduling specifications in the contract.
Answer: A
NEW QUESTION 30
As a change to the network for the current update, activity 6002 is required to begin ten days after the beginning of activity 6001. Which is the simplest logic organization?
- A. A start-to-finish relationship with both activities 6001 and 6002 having a ten-day lag
- B. A finish-to-start relationship with a ten-day lag assigned to activity 6002; activity 6001 will be dependent on activity 6002
- C. A start-to-start relationship with a ten-day lag assigned to activity 6001; activity 6002 will be dependent on activity 6001
- D. A start-to-start to relationship for both activities 6001 and 6002 with a ten-day lag assigned to activity
6002.
Answer: B
NEW QUESTION 31
If a detailed estimate is NOT available to assist in the formulation of activity durations but unit quantities have been identified, what information can be utilized to estimate work package/activity durations?
- A. Historical production rates
- B. Black-Scholes model
- C. Time impact analysis
- D. The Eichleay formula
Answer: A
NEW QUESTION 32
How much Total Float does drafting the product manual have?
- A. 5 workdays.
- B. 0 workdays.
- C. 10 workdays.
- D. 15 workdays.
Answer: C
NEW QUESTION 33
You are developing a detailed critical path schedule for a proposed petrochemical plant. The schedule will become a part of the project baseline document, which will be sent to the company's board of directors for its consideration. What document or resource is likely to be MOST valuable in determining the schedule's work activity durations?
- A. Critical path schedules prepared by you for similar completed projects.
- B. The Petrochemical Industry New Plant Task Duration Handbook.
- C. Industry publications.
- D. The cost estimate for the plant prepared by your firm's estimating department.
Answer: A
NEW QUESTION 34
What is the cycle time?
- A. 17 minutes
- B. 6 minutes
- C. 14 minutes
- D. 5 minutes
Answer: A
NEW QUESTION 35
What is the result of a forward pass calculation?
- A. Critical path
- B. Value of free float for individual activities
- C. Early start and early finish date for individual activities
- D. Value of total float for individual activities
Answer: C
NEW QUESTION 36
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 37
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 38
What is the free float for Activity F?
- A. 0months.
- B. 1months.
- C. 3 months.
- D. 2month.
Answer: A
NEW QUESTION 39
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 40
If all other work proceeds according to the Baseline plan, how many times will the critical path change?
- A. 1.
- B. 2.
- C. 3.
- D. Does not change.
Answer: D
NEW QUESTION 41
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