Most Recent AACE International AACE-PSP Exam Questions & Answers

Prepare for the AACE International Planning & Scheduling Professional (PSP) Exam exam with our extensive collection of questions and answers. These practice Q&A are updated according to the latest syllabus, providing you with the tools needed to review and test your knowledge.

QA4Exam focus on the latest syllabus and exam objectives, our practice Q&A are designed to help you identify key topics and solidify your understanding. By focusing on the core curriculum, These Questions & Answers helps you cover all the essential topics, ensuring you're well-prepared for every section of the exam. Each question comes with a detailed explanation, offering valuable insights and helping you to learn from your mistakes. Whether you're looking to assess your progress or dive deeper into complex topics, our updated Q&A will provide the support you need to confidently approach the AACE International AACE-PSP exam and achieve success.

The questions for AACE-PSP were last updated on Dec 21, 2024.

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Question No. 1

All the following describe the critical path of a schedule EXCEPT:

ADetermined by network logic and is the chain of activities that controls the overall project completion time.

BFrequently defined as the shortest path through the schedule.

CChanged by redefining the network logic or changing activity durations or both.

DThe series of activities having the least amount of total float.

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Correct Answer: B

Question No. 2

Using the "normal" schedule, and assuming you are billing on the last day of the month for previous month and for appropriate partial months, how many invoices will you have for this project?

A42.

B36.

C40.

D37.

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Correct Answer: B

Question No. 3

Determine the correct formula and date for the late finish for Activity 2001.

ALF.2001 - 1 day -> 08-28-01.

BLS.2002- 1 day-> 08-29-01.

CLS.2002 + 1 day -> 08-30-01.

DLS.2002 - 1 day -> 08-28-01.

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Correct Answer: D

Question No. 4

Theoretically construct a summary activity for activities 2001 through 2004. Using the "normal" schedule, what is the cost of the hammock?

A$271,000

B$299,000

C$139,000

D$289,000

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Correct Answer: D

Question No. 5

Determine the correct formula and date for the late finish for Activity 9004.

ALS.10002 + 1 day -> 11-29-03.

BLS.10002^ Lag.7 + i day -> 11-20-03.

CLS.10002 - 1 day -> 11-27-03.

DLS.10002 - Lag.7 - l day -> 11-20-03.

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Correct Answer: B

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