Enhance your career with AACE-PSP PDF Dumps – True AACE International Exam Questions [Q25-Q39]

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Enhance your career with AACE-PSP PDF Dumps – True AACE International Exam Questions

New (2025) Download free AACE-PSP PDF for AACE International Practice Tests

AACE International is a renowned professional association that focuses on project management, cost engineering, and total cost management. One of its most popular certification exams is the AACE-PSP (Planning & Scheduling Professional) Certification Exam. AACE-PSP exam is designed to test individuals on their knowledge and expertise in project planning and scheduling, which are critical components of any successful project.

NEW QUESTION 25
Each of the following accurately describes total float in a schedule EXCEPT:

The amount of time an activity can be delayed without delaying the overall project completion time.

Can be positive or negative.

The amount of time an activity can be delayed without delaying the start or occurrence of any other activity or event in the network.

Computed for an activity by subtracting its early finish from its late finish, or its early start from its late start.

NEW QUESTION 26
An early start constraint dictates

An activity’s remaining duration.

The planned start of a successor activity

The planned start of an activity.

The actual start of an activity.

NEW QUESTION 27
Budgeted cost of work scheduled is _______________________.

The value of the completed work expressed in terms of the budget assigned to that work

The total authorized budget for accomplishing the project scope

The expected total cost of an activity, group of activities or the project

The sum of all budgets for work scheduled to be accomplished within a given time period

NEW QUESTION 28
What is the primary difference between the arrow diagramming method (ADM) and the precedence diagramming method (PDM)?

ADM is limited to finish-to-start logic relationships, while PDM is not.

PDM is a bar chart with network logic, while ADM is a pure logic network.

ADM is manual CPM calculations, while PDM is computerized.

ADM uses arrows, while PDM uses boxes.

NEW QUESTION 29
Which activity is drawn in the incorrect position?

Activity G.

Activity E.

Activity C.

Activity D.

NEW QUESTION 30
How many workdays occur from the start of the Product Testing to the Product Available milestone?

100

NEW QUESTION 31
Which of the following options is NOT a feasible method to reduce the overall completion time of the toll road program?

Subcontract outside forces to accelerate the Phase A Schedule

Allocating forces from other BILCO contracts to the toll road project

Proceeding with the work in advance of the environmental studies

Reduce the phasing from 5 phases to 3 phases

NEW QUESTION 32
Determine the correct formula and date for the late finish for Activity 9004.

LS.10002 + 1 day -> 11-29-03.

LS.10002^ Lag.7 + i day -> 11-20-03.

LS.10002 – 1 day -> 11-27-03.

LS.10002 – Lag.7 – l day -> 11-20-03.

NEW QUESTION 33
Which of the following statements is true?

In the absence of contrary contractual language network float, as opposed to project float, there is a shared commodity between the owner and contractor

In the absence of a contrary contractual language total float, as opposed to free float, there is a commodity belonging to the contractor

In the absence of contrary contractual language total float, as opposed to tree float, there is a commodity belonging to the owner

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

NEW QUESTION 34
Determine the correct formula and date for the late finish for Activity 9004.

LF of 10002 less 24 days

LS of 9004 plus 72 days

LF of 8001 plus 72 days

LS of 10002 less lag of 7 days plus 1 day equaling 20 Nov 2023

NEW QUESTION 35
What does the heavy, vertical line at “X” represent?

Delay fault line.

The status or data date.

Change-over limits.

International Date Line.

NEW QUESTION 36
Is activity 7001 pictured correctly in the precedence diagram?

No, the total float is not shown correctly.

Yes, except the early finish date is not shown.

No, the start-to-start and finish-to-finish relationships are backwards.

Yes, the duration is 48 days.

NEW QUESTION 37
Using the “normal” schedule, given Activity 3001 and the relationship with Activity 4001, what is indicated?

These activities are concurrent with Activity 4001 starting 15 days after the start of Activity 3001.

These activities are concurrent with Activity 4001 starting 15 days earlier than the start of Activity 3001.

The activities occur in series with a 15-day lag.

The activities run concurrently.

NEW QUESTION 38
If drafting of the product manual overruns its planned duration by 5 days, how many days may the manufacturing be delayed without affecting release of the product?