AACE International PSP Exam With Confidence Using Practice Dumps

 Impact of Overrun:

Drafting (Activity C) and manufacturing (Activity D) are critical path activities.

A 5-day overrun in drafting consumes all available time for manufacturing.

Therefore, manufacturing cannot be delayed without affecting the release of the product.

 Verification with PSP Guidelines:

The PSP Study Guide specifies that critical path activities have zero float, so delays propagate directly to the project finish (Ref: PSP Study Guide, Chapter 2A: Critical Path and Float).

 Activity 11001 Characteristics:

Activity 11001 (Spillway - Concrete) is logically defined as the final activity in the project.

Final activities in a project typically do not have successor activities since they signify project completion.

 Exclusion of Other Options:

Option A: Circular logic does not apply since the scheduling logic is linear and follows standard precedence diagramming methods.

Option B: Activity 11001 is not penultimate but the final activity.

Option C: The scheduler's error is highly unlikely in a controlled environment following PSP principles.

 Verification with PSP Guidelines:

The PSP Study Guide explains that final activities represent the culmination of a project's logical sequence and typically lack successors (Ref: PSP Study Guide, Chapter 2A: Logical Sequencing).

 Cost for 2000 Series Activities:

Activity 2001: $150,000.

Activity 2002: $25,000.

Activity 2003: $18,000.

Activity 2004: $96,000.

Total: 150,000+25,000+18,000+96,000=289,000150,000 + 25,000 + 18,000 + 96,000 = 289,000150,000+25,000+18,000+96,000=289,000.

 Total Project Cost:

Total cost: $7,308,000 (sum of all activities in "normal" schedule).

 Percentage Contribution:

289,0007,308,000×100≈3.95%\frac{289,000}{7,308,000} \times 100 \approx 3.95\%7,308,000289,000​×100≈3.95%.

 Verification with PSP Guidelines:

The PSP Study Guide emphasizes accuracy in percentage-based cost contributions as a critical analysis tool in project cost management (Ref: PSP Study Guide, Chapter 1B: Cost Breakdown Structure).