[May-2025 Newly Released] AACE-PSP Exam Questions For You To Pass
AACE International AACE-PSP Exam: Basic Questions With Answers
Introduction to Planning & Scheduling Professional (PSP) Exam
A PSP is a technical specialist in planning and scheduling with specialized experience in project planning and the production, tracking, updating, forecasting, and analysis of integrated project schedules. Under the AACE International Total Cost Management (TCM) system, the PSP leads the planning and scheduling process. A PSP can interact efficiently, both internal and external, with all project stakeholders.
In each of those chapters, the PSP Certification exam is divided into two main chapters (Planning and Scheduling) and two sections. A glimpse of all these sections could be found in the PSP exam dumps as well:
- Planning development
- Schedule development
- Schedule maintenance and reporting
- Planning product
Planning is the mechanism by which the length of the project task is added to the schedule is to define the project goals and the orderly tasks required to complete the project (the thought part) and not to be confused with scheduling.
Scheduling is a summary of when it is possible to complete each operation in a project and It must be finished to be done on schedule. The simplest of schedules displays the beginning and completion of operations of a given period in bar chart format. More complex schedules provide schedule logic, usually in CPM format, and display the critical path and floats associated with each operation. A time series of events and activities that reflect an operational timetable. The schedule describes the relative task start and end times and event occurrence times. On a calendar framework or on an elapsed time scale, a schedule can be presented.
The exam is administered through computer-based testing (CBT) and consists of questions of multiple choice and essay-style questions. This test is a closed book. Programmable or preprogrammed calculators are also allowed (including those with financial functions). See the PSP practice exams to understand the paper format. This exam provides a framework for formally evaluating the expertise and abilities of the person in a subject against generally agreed standards. It recognizes those who have demonstrated their experience and expertise in planning and scheduling.
NEW QUESTION # 79
At the end of month one, did the delay to the parking structure foundation delay the project?
- A. Yes, by 14 calendar days.
- B. Yes, by 9 calendar days.
- C. NO.
- D. Yes, by 4 calendar days.
Answer: D
NEW QUESTION # 80
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. Packaging only.
- C. Printing the Manual.
- D. Drafting and Proofing the Manual.
Answer: A
NEW QUESTION # 81
Total float is defined as the amount of time an activity can be delayed without impacting
- A. The next activity
- B. The end of that activity
- C. The overall project completion
- D. The buoyancy of a successor activity
Answer: C
NEW QUESTION # 82
How many work days does it take to move the product from testing to sale?
- A. 100.
- B. 90.
- C. 70.
- D. 60.
Answer: A
NEW QUESTION # 83
What does the heavy, vertical line at "X" represent?
- A. The status or data date.
- B. Change-over limits.
- C. International Date Line.
- D. Delay fault line.
Answer: A
NEW QUESTION # 84
Determine the correct formula and date for the late finish for Activity 9004.
- A. LF of 10002 less 24 days
- B. LS of 10002 less lag of 7 days plus 1 day equaling 20 Nov 2023
- C. LS of 9004 plus 72 days
- D. LF of 8001 plus 72 days
Answer: A
NEW QUESTION # 85
What problems can a soils engineer deal with on a project?
- A. Toxic soils.
- B. Archeological findings.
- C. Survey error.
- D. Hidden subsurface conditions.
Answer: D
NEW QUESTION # 86
Which of the following documents is most likely to be of the LEAST value to a planner/scheduler when planning a contractor's baseline critical path schedule for the construction of a large high-clearance bridge located very near an airport? The contractor has been awarded the contract.
- A. The government's report on future high-clearance bridge projects
- B. The regulations published by the government aviation agency
- C. The project plans and specifications
- D. The project geotechnical report
Answer: B
NEW QUESTION # 87
There is only enough room for a maximum of 4 cranes to be placed on-site. Assuming that a single crane can perform 35 lifts per day and that a column pour requires 60 lifts, what is the minimum number of tower cranes that should be used for the above described column pours?
- A. 4 cranes
- B. 1 crane
- C. 3 cranes
- D. 2 cranes
Answer: D
NEW QUESTION # 88
What does the narrow band at "Y" represent?
- A. Resource limitation period.
- B. A rework period.
- C. Activity inactivity.
- D. You cannot tell with the information supplied.
Answer: D
NEW QUESTION # 89
In a "crashed" schedule, which is a chain of activities that precede activity 2004?
- A. 2001, 2002, 2003, 2007
- B. 1001, 2002, 2003
- C. 1001, 2001, 2002, 2003
- D. 1001, 2002, 2002, 2003, 3001
Answer: C
NEW QUESTION # 90
If the administrative constraints for developing the precedence diagram, as provided in the contract documents, indicate that no individual construction activities shall have a longer duration of two months, how many activities in the "normal" schedule would be affected?
- A. 13.
- B. Cannot be determined.
- C. 12.
- D. 14.
Answer: C
NEW QUESTION # 91
Which of the following statements is true?
- A. In the absence of a contrary contractual language total float, as opposed to free float, there is a commodity belonging to the contractor
- B. In the absence of contrary contractual language network float, as opposed to project float, there is a shared commodity between the owner and contractor
- C. In the absence of contrary contractual language free float, as opposed to project float, there is not a shared commodity between the owner and the contractor
- D. In the absence of contrary contractual language total float, as opposed to tree float, there is a commodity belonging to the owner
Answer: B
NEW QUESTION # 92
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. Expedite printing by 5 days.
- C. Delay product release by 5 days.
- D. Delay manufacturing by 5 days.
Answer: C
NEW QUESTION # 93
Which activity is drawn in the incorrect position?
- A. Activity C.
- B. Activity G.
- C. Activity E.
- D. Activity D.
Answer: A
NEW QUESTION # 94
Under which circumstance should one perform resource-leveling calculations?
- A. When you believe that known resource limitations may override schedule logic.
- B. When the contract contains a provision for float-banking.
- C. When the schedule is resource-loaded.
- D. Never, unless required by the contract.
Answer: A
NEW QUESTION # 95
At a minimum, periodic reporting must be done at what interval?
- A. As requested by the project manager.
- B. As specified in the contract documents.
- C. As requested by the owner.
- D. Monthly.
Answer: B
NEW QUESTION # 96
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?
- A. After 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.
- B. After 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.
- C. After 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.
Answer: A
NEW QUESTION # 97
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?
- A. 42.
- B. 40.
- C. 36.
- D. 37.
Answer: C
NEW QUESTION # 98
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