Latest [Sep 24, 2021] AACE International AACE-PSP Exam Practice Test To Gain Brilliante Result [Q49-Q71]

Share

Latest [Sep 24, 2021] AACE International AACE-PSP Exam Practice Test To Gain Brilliante Result

Take a Leap Forward in Your Career by Earning AACE International AACE-PSP

NEW QUESTION 49
What is the remaining work duration of Active D?

  • A. 3.
  • B. 8.
  • C. 0
  • D. 4.

Answer: D

 

NEW QUESTION 50
A driving relationship is _____________________.

  • A. A finish-to-start relationship.
  • B. A critical relationship.
  • C. The link between two related activities.
  • D. The link between a predecessor and the activity whose dates it controls.

Answer: D

 

NEW QUESTION 51
In a "crashed" schedule, which is a chain of activities that precede activity 2004?

  • A. 1001, 2002, 2003
  • B. 1001, 2001, 2002, 2003
  • C. 2001, 2002, 2003, 2007
  • D. 1001, 2002, 2002, 2003, 3001

Answer: B

 

NEW QUESTION 52
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. Printing the Manual.
  • C. Packaging only.
  • D. Drafting and Proofing the Manual.

Answer: A

 

NEW QUESTION 53
Which activity is drawn in the incorrect position?

  • A. Activity D.
  • B. Activity E.
  • C. Activity C.
  • D. Activity G.

Answer: A

 

NEW QUESTION 54
Using the "normal" schedule, if you start Activity 7001 on April 1, 2002, and using a 5-day workweek, what the finish date for Activity 7001?

  • A. 06-04-02.
  • B. 06-05-02.
  • C. 06-11-02.
  • D. 06-18-02.

Answer: B

 

NEW QUESTION 55
Scenario:
The entire network consists of the following activities and relationships. Activity A is twenty days long and is tied to Activity B, a ten-day activity, with a finish-to-finish tie with a lag value of five Activity B is tied to Activity C, a twenty-day activity, with a start-to-start relationship with a lag value of five.

PSP Activities Table
Scope Known about Rock-Filled Dam Project:
The dam requires river diversion and work over two or more rainy seasons. The contract is lump sum, competitively bid, and will be self-performed. The owner has attempted to shift all risk to the contractor by employing "no differing sit conditions" and "no damage for delay" clauses. There is a bonus/penalty provision of $2,500 per calendar day for early or late delivery. The early completion bonus is capped at $500,000, with no cap for late delivery penalty.
Liquidated damages end at the finish of demobilization. Indirect costs per calendar day are $2,800 for the
"normal" schedule and $3,200 for the "crashed" schedule. The winter/wet weather season is 151 days between October 15 and March 25 of each year, reduces the efficiency of the contractor's operations by 20% and costs the contractor $10,000 per day. Assume a start date of March 5, 2001 and use a 7-day work week.
The following table lists work activities as planned by the contractor.

Theoretically construct a summary activity for only those activities with a finish-to-start relationship for Activities 8001 through 10001. Using the "normal" schedule, what is the cost of this hammock?

  • A. $524,000.
  • B. $307,000.
  • C. $420,000.
  • D. $552,000.

Answer: D

 

NEW QUESTION 56
Activity durations are normally estimated in an intuitive and subjective way. All of the following will improve duration accuracy EXCEPT

  • A. Look at each activity independently and don't follow specific logic paths when assigning activity durations.
  • B. Divide activities into smaller activities. This will increase activity detail and duration estimate accuracy.
  • C. Use gross building square footages. The pluses and minuses all average out.
  • D. Use the people responsible for performing the work as a resource to assign activity durations.

Answer: C

 

NEW QUESTION 57
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 58
The expected remaining cost needed to complete an activity, group of activities or the project is the____________.

  • A. Estimate at completion (EAC)
  • B. Estimate to complete (ETC)
  • C. Budget at completion (BAC)
  • D. Budgeted cost of work performed (BCWP)

Answer: B

 

NEW QUESTION 59
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 60
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 not cause monetary harm to the defendant.
  • B. The delay must affect the critical path.
  • 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: B

 

NEW QUESTION 61
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 62
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 63
During proofing of the product manual, a problem was discovered requiring 15 days additional time to effect a correction. How can the date of availability be maintained?

  • A. Expedite packaging by 5 days.
  • B. Delay manufacturing by 5 days.
  • C. Delay product release by 5 days.
  • D. Expedite printing by 5 days.

Answer: C

 

NEW QUESTION 64
Each of the following accurately describes total float in a schedule EXCEPT:

  • A. Can be positive or negative.
  • B. The amount of time an activity can be delayed without delaying the start or occurrence of any other activity or event in the network.
  • C. Computed for an activity by subtracting its early finish from its late finish, or its early start from its late start.
  • D. The amount of time an activity can be delayed without delaying the overall project completion time.

Answer: B

 

NEW QUESTION 65
What owner action could have mitigated the late completion of the project?

  • A. Use a procurement agent to monitor and expedite equipment deliveries.
  • B. Prepare better structural steel drawings.
  • C. Self-perform more of the work.
  • D. Hire a more senior project manager.

Answer: A

 

NEW QUESTION 66
What is the free float for Activity F?

  • A. 0months.
  • B. 1months.
  • C. 3 months.
  • D. 2month.

Answer: A

 

NEW QUESTION 67
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 68
Which is NOT an industry-recognized methodology for quantifying critical delay?

  • A. Time Impact.
  • B. Gantt Chart.
  • C. Periodic Windows.
  • D. Collapsed As-Built.

Answer: B

 

NEW QUESTION 69
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

 

NEW QUESTION 70
Using the "crashed" schedule, if you start Activity 2002 on August 12, 2001, what is the finish date for Activity 2002?

  • A. 09-08-01.
  • B. 09-15-01.
  • C. 09-18-01.
  • D. 09-28-01.

Answer: A

 

NEW QUESTION 71
......

Authentic Best resources for AACE-PSP Online Practice Exam: https://www.dumpsreview.com/AACE-PSP-exam-dumps-review.html

Updates Up to 365 days On Developing AACE-PSP Braindumps: https://drive.google.com/open?id=1BSdgExgbU3A0-YkxjLRg6xbGS05jJQQY