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 Nov 19, 2024.

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Question No. 1

Identify the minimum project duration.

A20 months.

B16 months.

C19 months.

D21 months.

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Correct Answer: A

Question No. 2

In order for a claimant to be entitled to an extension of contract time for a delay event (and further to be considered compensable):

AThe delay must affect the critical path.

BThe delay must be concurrent with the delay attributable to both parties.

CThe delay must not cause monetary harm to the defendant.

DThe delay must affect the contractor's planned construction schedule.

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Correct Answer: A

Question No. 3

The work breakdown structure is used to organize

A'Smart activity ID codes' representing similar items of scheduled work

BThe chart of accounts

CSimilar activity coding of schedule activities

DThe smallest defined work packet

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Correct Answer: D

Question No. 4

Project delays are best analyzed

AAfter either the contractor or the owner acknowledges ^responsibility for the delay.

BContemporaneously with the delay.

CBy an expert after the project is finished when complete records are available and the impact is known.

DLate in the project.

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Correct Answer: C

Question No. 5

Midway through the project you received an executed change order for this project, adding thirty-three days to the contract for weather delays. In its simplest form, how would your next project update display the changed condition?

AAfter Activity 1000, add a new Activity 1050 with a start-to-start relationship to Activity 1000, and tie the end of this new activity with a finish-to-finish relationship to the final activity of the project.

BAfter Activity 1000, add a new Activity 1010 with a finish-to-start relationship to Activity 1000, and tie the end of this new activity with a finish-to-start relationship to the final activity of the project.

CAfter Activity 1001, add a new Activity 1011 with a finish-to-start relationship to Activity 1000, and tie the end of this new activity with a finish-to-start relationship to the final activity of the project.

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Correct Answer: C

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