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AACE International PSP Exam With Confidence Using Practice Dumps

Exam Code:
PSP
Exam Name:
Planning & Scheduling Professional (PSP) Exam
Certification:
Questions:
163
Last Updated:
May 11, 2025
Exam Status:
Stable
AACE International PSP

PSP: Professional Level Exam 2025 Study Guide Pdf and Test Engine

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Planning & Scheduling Professional (PSP) Exam Questions and Answers

Question 1

As a change to the network for the current update, activity 6002 is required to begin ten days after the beginning of activity 6001. Which is the simplest logic organization?

Options:

A.

A start-to-start relationship with a ten-day lag assigned to activity 6001; activity 6002 will be dependent on activity 6001

B.

A start-to-start to relationship for both activities 6001 and 6002 with a ten-day lag assigned to activity 6002.

C.

A start-to-finish relationship with both activities 6001 and 6002 having a ten-day lag

D.

A finish-to-start relationship with a ten-day lag assigned to activity 6002; activity 6001 will be dependent on activity 6002

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Question 2

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?

Options:

A.

$420,000.

B.

$307,000.

C.

$524,000.

D.

$552,000.

Question 3

For activity 11001. why would the crashed direct cost be greater than the direct cost of the normal schedule?

Options:

A.

Additional extended overhead is also being shown in this activity

B.

Some costs resulting from the crashed efforts were forgotten in previous activities

C.

Generally, more equipment is used for a crashed project; therefore, it costs more to demobilize

D.

Management bonuses for early completion were included in this activity