Planning & Scheduling Professional (PSP) Exam (AACE-PSP) Free Practice Test

Question 1

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

A. 09-15-01.

B. 09-28-01.

C. 09-18-01.

D. 09-08-01.

Correct Answer: D

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Question 2

Theoretically construct a summary activity for activities 2001 through 2004. Using the "normal" schedule, what is the cost of the hammock?

A. $271,000

B. $299,000

C. $139,000

D. $289,000

Correct Answer: A

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Question 3

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

A. 1001, 2002, 2002, 2003, 3001

B. 1001, 2002, 2003

C. 1001, 2001, 2002, 2003

D. 2001, 2002, 2003, 2007

Correct Answer: C

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Question 4

What method offers the best chance of the schedule being used effectively to implement the project in the field?

A. Allow large time contingencies on milestones and completion deadlines.

B. Obtain consent and agreement to the schedule from the key project personnel.

C. Include detailed and stringent set of scheduling specifications in the contract.

D. Issue detailed schedule updates as frequently as possible.

Correct Answer: B

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Question 5

The data date or status date of a schedule represents the:

A. date on which progress is based

B. date the monthly update is performed

C. system date when the software calculates the update

D. date the project manager turns in the schedule update

Correct Answer: A

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Question 6

Schedule Risk may affect the following:

A. Activity resource allocation

B. The final milestones phase milestones, critical and non-critical activities

C. Calendar shifts

D. Long-duration activities

Correct Answer: B

Question 7

What activities are concurrent to Activity 2001 in the "normal" schedule?

A. 2003.

B. 1000.

C. 1001.

D. 7001.

Correct Answer: C

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Question 8

Project schedules help control all of the following EXCEPT for_____________________.

A. Quality

B. Resources

C. Cost

D. Time

Correct Answer: A

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AACE International Planning & Scheduling Professional (PSP) (AACE-PSP) Free Practice Test