Easy To Download AACE International AACE-PSP Exam Dumps Updated 218 Questions
New Updated AACE-PSP Exam Questions 2026
To be eligible for the AACE-PSP certification exam, candidates must have a minimum of four years of professional experience in project planning and scheduling. Additionally, candidates must have completed a minimum of 40 hours of relevant education or training in project planning and scheduling. AACE-PSP exam itself consists of 125 multiple-choice questions, and candidates have four hours to complete the exam.
NEW QUESTION # 62
All the following describe the critical path of a schedule EXCEPT:
- A. Frequently defined as the shortest path through the schedule.
- B. Changed by redefining the network logic or changing activity durations or both.
- C. The series of activities having the least amount of total float.
- D. Determined by network logic and is the chain of activities that controls the overall project completion time.
Answer: A
Explanation:
* Critical Path Characteristics:
The critical path is the longest path through the network, defining the minimum project completion time. It cannot be the shortest path.
* PSP Study Guide Reference:
Critical path analysis emphasizes that it is determined by network logic and represents the chain of activities controlling the project duration.
* Analysis for Selection:
Option A, C, and D: Accurately describe the critical path.
Option B: Incorrect; the critical path is not the shortest path.
* Conclusion: The correct answer is B, as the critical path is the longest path, not the shortest.
NEW QUESTION # 63
At a minimum, periodic reporting must be done at what interval?
- A. As requested by the owner.
- B. Monthly.
- C. As requested by the project manager.
- D. As specified in the contract documents.
Answer: D
NEW QUESTION # 64
If all other work proceeds according to the Baseline plan, how many times will the critical path change?
- A. Does not change.
- B. 3.
- C. 2.
- D. 1.
Answer: A
Explanation:
* Critical Path Analysis:
Critical path activities include proofing, printing, and packaging.
Delays or baseline adherence does not alter the sequence of critical activities.
* Impact Assessment:
No additional changes occur to the baseline critical path in the given scenario.
* Cross-Verification:
Option A: Incorrect. Assumes two path changes.
Option B: Incorrect. Incorrect number of changes.
Option D: Incorrect. Overestimates critical path shifts.
Option C: Correct. Reflects no critical path changes.
NEW QUESTION # 65
Under which circumstance should one perform resource-leveling calculations?
- A. When the contract contains a provision for float-banking.
- B. When you believe that known resource limitations may override schedule logic.
- C. Never, unless required by the contract.
- D. When the schedule is resource-loaded.
Answer: B
Explanation:
Resource-leveling is used when resource constraints such as labor, materials, or equipment availability might prevent schedule logic from being followed.
Option A references float-banking, unrelated to resource leveling.
Option C suggests never performing leveling unless required, which overlooks the need to address actual resource limitations.
Option D is incorrect as a resource-loaded schedule may still need leveling for optimization.
Resource management principles in the PSP Study Guide discuss when and why to apply resource leveling.
NEW QUESTION # 66
Project delays are best analyzed
- A. By an expert after the project is finished when complete records are available and the impact is known.
- B. After either the contractor or the owner acknowledges ^responsibility for the delay.
- C. Late in the project.
- D. Contemporaneously with the delay.
Answer: D
Explanation:
* Delay Analysis:
Analyzing delays contemporaneously ensures accurate understanding of their causes and effects, helping stakeholders mitigate impacts in real time.
Waiting until after the project introduces risks of incomplete or inaccurate records.
* PSP Study Guide Reference:
Contemporary delay analysis is highlighted as a best practice for effective delay resolution and management.
* Conclusion: The correct answer is B, as contemporaneous analysis is the most effective way to address project delays.
NEW QUESTION # 67
Which of the following is NOT required when performing weekly or monthly schedule updates?
- A. Percent complete.
- B. Actual finish of activities.
- C. Original duration of activities.
- D. Remaining duration of activities.
Answer: C
NEW QUESTION # 68
Which of these letters, symbols or words best approximates the graphical shape of a project's cumulative BCWS?
- A. /
- B. _
- C. S
- D. Bell curve
Answer: C
NEW QUESTION # 69
What method offers the best chance of the schedule being used effectively to implement the project in the field?
- A. Issue detailed schedule updates as frequently as possible.
- B. Allow large time contingencies on milestones and completion deadlines.
- C. Include detailed and stringent set of scheduling specifications in the contract.
- D. Obtain consent and agreement to the schedule from the key project personnel.
Answer: D
NEW QUESTION # 70
What is the result of a forward pass calculation?
- A. Critical path
- B. Value of total float for individual activities
- C. Early start and early finish date for individual activities
- D. Value of free float for individual activities
Answer: C
Explanation:
Scheduling Professional Study Guide and Documents Reference
Forward Pass Calculation:
A forward pass determines the earliest start (ES) and earliest finish (EF) dates for all activities, progressing from project start to finish.
Total float is calculated later by comparing early and late dates.
PSP Study Guide Reference:
Forward and backward pass calculations are core elements of CPM scheduling methodology.
Conclusion: The correct answer is B, as forward pass provides ES and EF for activities.
NEW QUESTION # 71
Using the normal schedule, what is the early finish date and total float of Activity 10002?
- A. 24 Nov 2023. and 24 days of tree float
- B. 17 Dec 2023. and 4 days of total float
- C. 24 Dec 2023. and 24 days of tree float
- D. 21 Dec 2023. and 4 days of total float
Answer: D
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 # 72
Management has determined the need to release the product 20 days earlier than planned. What tasks need to be expedited?
- A. Testing, Manufacturing and Packaging.
- B. Packaging only.
- C. Drafting and Proofing the Manual.
- D. Printing the Manual.
Answer: A
NEW QUESTION # 73
Scenario: You are providing construction management services for a small office building project. Your duties include reviewing and approving the contractor's baseline schedule. The contractor has submitted the first baseline schedule for the project.
The contractor has included several reports with its submittal, including a report that sorts all activities by total float. What is the value of this report?
- A. Allows you to confirm the current logical flow of the work
- B. Allows you to determine which activities will take the longest
- C. Allows you to review activities in the order they could start
- D. Allows you to determine which activities will be performed by the owner
Answer: A
NEW QUESTION # 74
In order for a claimant to be entitled to an extension of contract time for a delay event (and further to be considered compensable):
- A. The delay must affect the critical path.
- B. The delay must not cause monetary harm to the defendant.
- C. The delay must affect the contractor's planned construction schedule.
- D. The delay must be concurrent with the delay attributable to both parties.
Answer: A
Explanation:
* Critical Path and Delays:
A delay must impact the critical path to qualify for a time extension or compensable delay, as the critical path determines the project's overall completion time.
If the critical path is not affected, the delay is considered to have "float," which means it does not affect the project's completion date and, therefore, may not be compensable.
* PSP Study Guide Reference:
Delays impacting the critical path are emphasized in the PSP Study Guide under schedule analysis and delay management sections. The claimant must demonstrate that the delay impacts key project milestones and overall project completion.
* Analysis for Selection:
Option A: Correct. A delay that does not affect the critical path does not result in additional time or compensation.
Option B: Concurrent delays involve shared responsibility and may complicate claims for compensation but are not a strict requirement for delay consideration.
Option C: Monetary harm is not directly relevant to time extension entitlement.
Option D: While planned schedules are significant, the focus is on the project's critical path, not just the contractor's planned sequence.
* Conclusion: The correct answer is A because affecting the critical path is the key determinant for entitlement to a time extension or compensable delay.
NEW QUESTION # 75
What activities are concurrent to Activity 2001 in the "normal" schedule?
- A. 1000.
- B. 7001.
- C. 2003.
- D. 1001.
Answer: B
NEW QUESTION # 76
In a "crashed" schedule, which is a chain of activities that precede activity 2004?
- A. 1001, 2001, 2002, 2003
- B. 1001, 2002, 2003
- C. 1001, 2002, 2002, 2003, 3001
- D. 2001, 2002, 2003, 2007
Answer: A
NEW QUESTION # 77
Using a 1.75 cubic yard [1.34 cubic meter] bucket, how many lifts does it take to pour each 2.000-cubic foot [56.64 cubic meter] column?
- A. 42 lifts
- B. 30 lifts
- C. 60 lifts
- D. 133 lifts
Answer: B
NEW QUESTION # 78
Constraints control events or activities that __________________.
- A. Are not based on project relationships.
- B. May be over-ridden by activity logic.
- C. Affect only the backward pass.
- D. Affect only the forward pass.
Answer: A
Explanation:
* Role of Constraints:
Constraints impose specific conditions on schedule events or activities, such as fixed start dates or imposed milestones.
These are external to the natural logic relationships established in a network (e.g., predecessor-successor relationships).
* PSP Study Guide Reference:
The guide describes constraints as independent factors that override logic-based sequencing when necessary.
* Analysis of Options:
Option A and C: Constraints impact both forward and backward passes, not exclusively one.
Option D: Constraints supersede activity logic rather than being overruled by it.
* Conclusion: The correct answer is B, as constraints operate independently of project logic relationships.
NEW QUESTION # 79
What portion of Activity B is on the critical path?
- A. Last half of the activity
- B. The whole activity
- C. First half of the activity
- D. None of it
Answer: D
NEW QUESTION # 80
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AACE International AACE-PSP (Planning and Scheduling Professional) Certification is a globally-renowned credential designed for professionals involved in project planning and scheduling. Planning & Scheduling Professional (PSP) Exam certification is recognized across a variety of industries, including construction, engineering, and energy, among others. AACE International is a non-profit professional organization with over 9,000 members worldwide, who are dedicated to the practice of cost engineering, project management, and related professions. The AACE-PSP certification program equips professionals with the skills and knowledge necessary to excel in project planning and scheduling, as well as to become a valuable asset to their organizations.
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