Updated PDF (New 2026) Actual AACE International AACE-PSP Exam Questions
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NEW QUESTION # 54
Identify the minimum project duration.
- A. 21 months.
- B. 16 months.
- C. 20 months.
- D. 19 months.
Answer: C
NEW QUESTION # 55
What activities are concurrent to Activity 2001 in the "normal" schedule?
- A. 1000.
- B. 2003.
- C. 7001.
- D. 1001.
Answer: C
NEW QUESTION # 56
If Activity E's duration changes to 4 months, what is the overall duration of the project.
- A. 21 months.
- B. 20 months.
- C. 19 months.
- D. 22 months.
Answer: B
NEW QUESTION # 57
When are project planning and scheduling specifications established?
- A. Before the tendering documents are finalized
- B. During the bidding process
- C. After the bid price is accepted
- D. Before me NTP
Answer: A
NEW QUESTION # 58
Based on the stated costs, what percentage of the total cost comes from the 2000 series of activities?
- A. 2.3% (1 : 43.501).
- B. 3.9% (1 : 25.708)
- C. 8.6% (1 : 11.591)
- D. 9.1% (1 : 11.000).
Answer: A
NEW QUESTION # 59
Project delays are best analyzed
- A. After either the contractor or the owner acknowledges ^responsibility for the delay.
- B. Late in the project.
- C. By an expert after the project is finished when complete records are available and the impact is known.
- D. Contemporaneously with the delay.
Answer: C
NEW QUESTION # 60
You are the project manager of the AHQ project. This project is scheduled to last for six months and will require S345.000 to complete. If the project completes earlier than scheduled your organization will receive a bonus of S5 000 per day of early completion Management has asked you to develop an aggressive schedule to realize as much of the bonus as possible but management does not want you to increase the costs of the project beyond $1,000 per day of the bonus realization. Which of the following approaches will likely add costs to the project?
- A. Crashing
- B. Using the critical chain method
- C. Fast tracking
- D. Rebaseline the project
Answer: A
NEW QUESTION # 61
Using the normal schedule, what is the early finish date and total float of Activity 10002?
- A. 21 Dec 2023. and 4 days of total float
- B. 17 Dec 2023. and 4 days of total float
- C. 24 Nov 2023. and 24 days of tree float
- D. 24 Dec 2023. and 24 days of tree float
Answer: A
Explanation:
The early finish date and total float are determined using CPM calculations. The PSP Study Guide outlines that early finish is calculated as the early start date plus activity duration, adjusted for calendar constraints (PSP Study Guide, Subchapter 2.2.5, "Constraints and Calendars").
Steps:
Determine early start using forward pass calculations.
Add the activity duration.
Consider non-working days or holidays as per the project calendar.
Calculate float as the difference between late start and early start or late finish and early finish.
NEW QUESTION # 62
Determine the driving activity for Activity 10001.
- A. Activity 10002.
- B. There is no driving activity for Activity 10001 in the backward pass.
- C. Activity 9005.
- D. Activity 11001.
Answer: A
NEW QUESTION # 63
Using the "normal" schedule, what is the early finish date of activity 10002 and its total float?
- A. 12-17-03 and 4 days of float
- B. 12-18-03 and 25 days of float
- C. 12-18-03 and 4 days of float
- D. 12-27-03 and 24 days of float
Answer: A
Explanation:
* Early Finish Date Calculation:
Duration of Activity 10002: 7 days.
Assuming the start date aligns with project calendars, calculate the early finish by adding the duration to the early start, considering working days.
Early finish date: 12-17-03.
* Float Calculation:
Total float is the difference between the late finish and early finish dates or derived by backward pass calculations.
Total float: 4 days.
* Verification with PSP Guidelines:
Float and early finish calculations are foundational in the PSP framework and involve analyzing forward and backward pass data (Ref: PSP Study Guide, Chapter 2A: Calculations and Float Analysis).
NEW QUESTION # 64
What is the result of a forward pass calculation?
- A. Value of free float for individual activities
- B. Early start and early finish date for individual activities
- C. Value of total float for individual activities
- D. Critical path
Answer: B
NEW QUESTION # 65
Which of these letters, symbols or words best approximates the graphical shape of a project's cumulative BCWS?
- A. _
- B. Bell curve
- C. /
- D. S
Answer: A
Explanation:
* Shape of Cumulative BCWS:
The Budgeted Cost of Work Scheduled (BCWS) reflects a cumulative expenditure curve over time, typically shaped like an "S".
* Explanation of the S-Curve:
Initially slow expenditure, acceleration during peak work, and tapering off near completion.
* Verification with PSP Guidelines:
The PSP Study Guide discusses BCWS as part of earned value management (Ref: PSP Study Guide, Chapter 1D: Earned Value Analysis).
NEW QUESTION # 66
What activities are concurrent to Activity 2001 in the "normal" schedule?
- A. 1000.
- B. 2003.
- C. 7001.
- D. 1001.
Answer: C
NEW QUESTION # 67
By subtracting a measured unit productivity rate during an impacted period from the unit productivity rate during an unimpacted period, the resulting value represents:
- A. Acceleration.
- B. Productivity loss.
- C. Productivity efficiency.
- D. Production output.
Answer: B
Explanation:
* Calculation of Productivity Loss:
Subtracting productivity during an impacted period from unimpacted productivity quantifies the reduction in efficiency or loss in productivity.
* PSP Study Guide Reference:
Productivity analysis includes evaluating impacted vs. unimpacted periods to assess losses.
* Conclusion: The correct answer is C, as the difference represents productivity loss.
NEW QUESTION # 68
If Activity A was delayed 5 days from starting, which of the following adjustments will NOT maintain the completion date of Activity C at Day 40?
- A. Replace the relationship from 'B' to 'C' with SSO
- B. Reduce the duration of B" from 10 days to 5 days by compressing work effort
- C. Reduce the duration of 'A' from 20 days to 10 days and replace the relationship from B' to 'C with FSO.
Answer: C
Explanation:
* Understanding the Problem Context:
Activity C is currently set to complete on Day 40.
Activity A has a 5-day delay in starting, so adjustments are needed to maintain the Day 40 completion date for Activity C.
The key is to identify which adjustment will fail to maintain the timeline.
* Option-by-Option Analysis:
A . Reduce the duration of 'A' from 20 days to 10 days and replace the relationship from 'B' to 'C' with FSO (Finish-to-Start with Offset):
Reducing Activity A's duration from 20 to 10 days might mitigate part of the delay, but replacing the relationship between B and C with FSO introduces an offset.
FSO relationships typically delay the start of successor activities (Activity C in this case).
This would likely push Activity C beyond Day 40 because the delay in B's finish, coupled with the offset, would result in C starting later.
This adjustment does NOT maintain the completion date of Activity C.
B . Replace the relationship from 'B' to 'C' with SSO (Start-to-Start with Offset):
An SSO relationship allows Activity C to begin once Activity B starts (with or without an offset).
This adjustment effectively overlaps the schedules of B and C, mitigating delays from A.
This adjustment can maintain the completion date of Activity C at Day 40.
C . Reduce the duration of 'B' from 10 days to 5 days by compressing work effort:
Reducing B's duration by compressing its schedule shortens its timeline, allowing Activity C to start sooner.
This adjustment offsets the delay caused by Activity A.
This adjustment can maintain the completion date of Activity C at Day 40.
* Final Answer and Justification:
The adjustment described in A will NOT maintain the completion date of Activity C at Day 40 because the FSO relationship introduces delays, making it ineffective in this scenario.
Options B and C offer feasible adjustments to maintain the timeline.
* Study Guide Reference:
Refer to the PSP Certification Study Guide, Chapter 2 - Scheduling, Subchapter 2.2.4: Relationships (p. 151-157), which details the impact of logical relationships (FSO, SSO) on schedule timelines.
Additionally, review AACE Recommended Practice 52R-06: Time Impact Analysis for insights into how delays affect dependent activities and methods for mitigating them.
NEW QUESTION # 69
By subtracting a measured unit productivity rate during an impacted period from the unit productivity rate during an unimpacted period, the resulting value represents:
- A. Acceleration.
- B. Productivity loss.
- C. Productivity efficiency.
- D. Production output.
Answer: B
Explanation:
* Calculation of Productivity Loss:
Subtracting productivity during an impacted period from unimpacted productivity quantifies the reduction in efficiency or loss in productivity.
* PSP Study Guide Reference:
Productivity analysis includes evaluating impacted vs. unimpacted periods to assess losses.
* Conclusion: The correct answer is C, as the difference represents productivity loss.
NEW QUESTION # 70
Why does activity 11001 not show successor activities?
- A. It is the final activity for the required work for the project
- B. It is the penultimate work required for the project
- C. The scheduler forgot to add the successor activities
- D. The early finish and late finish are circular
Answer: A
NEW QUESTION # 71
The congested site only has room for 3 cranes to operate concurrently. Only 1.75 cubic yard ICY] or1.34 cubic meter [CM] concrete buckets are available. Each crane can perform up to 35 lifts per day. Assuming a total of 30 lifts per crane pet day. what is the maximum volume of concrete that could be placed using 3 small tower cranes over a 5-day period?
- A. 201 CY
- B. 263 CY
- C. 306 CY
- D. 368 CM
Answer: C
NEW QUESTION # 72
Determine the correct formula and date for the late start for the Activity 11001:
- A. LF of 1000 less 25 days equaling 16 Jan 2024
- B. LF of 11001 less 25 days plus 1 day equaling 16 Jan 2024
- C. LF of 11001 less 27 days plus 1 day equaling 14 Jan 2024
- D. LF of 11001 less duration of 11001 equaling 16 Jan 2024
Answer: C
NEW QUESTION # 73
An earned value-based project control system can use either of which two budgets as the basis of its calculations?
- A. Labor hours or dollars.
- B. Earned or budgeted cost yearly.
- C. Linear feet or dollars.
- D. Direct or indirect cost.
Answer: A
Explanation:
An earned value management (EVM) system can base its calculations on labor hours or monetary values, depending on the nature of the project. Both methods are valid for tracking performance and forecasting outcomes.
Option B (direct or indirect cost) does not align with EVM's focus on performance metrics.
Option C confuses timeframes with budgeting principles.
Option D (linear feet or dollars) applies to physical progress tracking but not directly to EVM systems.
This is consistent with EVM principles as outlined in project control methodologies within the PSP materials.
NEW QUESTION # 74
Project delays are best analyzed
- A. After either the contractor or the owner acknowledges ^responsibility for the delay.
- B. Late in the project.
- C. Contemporaneously with the delay.
- D. By an expert after the project is finished when complete records are available and the impact is known.
Answer: C
NEW QUESTION # 75
How could the structural steel drawing delay have been prevented?
- A. Switch to post-tensioned concrete construction.
- B. Add a time buffer at the end of structural steel activities.
- C. Release the structural steel for fabrication concurrent with review of structural steel shop drawings.
- D. Allow adequate time for review and resubmittal in the baseline schedule.
Answer: B
NEW QUESTION # 76
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. Defining the execution plan to meet the required scope of work.
- D. Setting out the resource to be used and its limitations.
Answer: C
Explanation:
Defining the execution plan is the foundational step in creating a CPM schedule. This involves understanding the project's scope of work and outlining how it will be executed to meet project objectives.
Option A (bar chart) is a visualization step but does not address planning the sequence or scope execution.
Option C (resources) comes later in schedule development after the scope and plan are defined.
Option D (logic diagram) is a subsequent step that relies on the execution plan.
The PSP Study Guide emphasizes scope and execution planning as critical first steps.
NEW QUESTION # 77
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 last activity
- B. Finish-no-later constraint on the last activity
- C. Start-no-later constraint on the first activity
- D. Finish-no-earlier constraint on the first activity
Answer: B
NEW QUESTION # 78
An early start constraint dictates
- A. The planned start of a successor activity
- B. The actual start of an activity.
- C. The planned start of an activity.
- D. An activity's remaining duration.
Answer: C
Explanation:
* Early Start Constraint:
An early start constraint specifies the earliest date on which an activity can begin, aligning with project constraints or milestones.
It is a planning input and does not dictate actual or remaining durations.
* PSP Study Guide Reference:
Scheduling constraints, including early start, are critical for establishing realistic schedules and milestones.
* Conclusion: The correct answer is C, as an early start constraint refers to the planned start date of an activity.
NEW QUESTION # 79
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The Planning & Scheduling Professional (PSP) Exam certification process involves passing an extensive exam that covers topics such as project planning and scheduling, resource allocation, resource leveling, progress monitoring, and project reporting. Planning & Scheduling Professional (PSP) Exam certification is an internationally recognized credential that can be applied to a number of different industries including construction, engineering, manufacturing, and IT. Candidates who earn the AACE-PSP certification have the opportunity to advance their careers and demonstrate their expertise in project management.
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