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AACE International Planning & Scheduling Professional (PSP) Exam Sample Questions (Q48-Q53):

NEW QUESTION # 48
The characteristic of the precedence diagramming method that models construction projects differently than the arrow diagramming method is that it____________.

A. can be used to calculate the late start and late finish of all activities
B. uses arrows to signify logic in a network
C. allows multiple relationship types to be associated with activities
D. allows more than one critical path to be represented

Answer: C

Explanation:
* Precedence Diagramming Method (PDM):
PDM allows for Start-to-Start (SS), Finish-to-Start (FS), Start-to-Finish (SF), and Finish-to-Finish (FF) relationships between activities.
This flexibility makes PDM distinct from Arrow Diagramming Method (ADM), which uses arrows to depict dependencies.
* Evaluation of Options:
Option A: Incorrect. This describes ADM, not PDM.
Option B: Incorrect. Both PDM and ADM can represent multiple critical paths.
Option C: Incorrect. Late start and finish calculations apply to both methods.
Option D: Correct. PDM uniquely allows multiple relationship types.

NEW QUESTION # 49
If a detailed estimate is NOT available to assist in the formulation of activity durations but unit quantities have been identified, what information can be utilized to estimate work package/activity durations?

A. Black-Scholes model
B. Time impact analysis
C. The Eichleay formula
D. Historical production rates

Answer: D

NEW QUESTION # 50
For activity 11001. why would the crashed direct cost be greater than the direct cost of the normal schedule?

A. Generally, more equipment is used for a crashed project; therefore, it costs more to demobilize
B. Management bonuses for early completion were included in this activity
C. Additional extended overhead is also being shown in this activity
D. Some costs resulting from the crashed efforts were forgotten in previous activities

Answer: C

Explanation:
Crashing increases direct costs as additional resources, equipment, or expedited delivery methods are employed to shorten the project duration. The PSP Study Guide (Section 2.3.5, "Acceleration") highlights that crashing involves trade-offs between time and cost, often resulting in higher demobilization costs due to the increased deployment of equipment and resources.

NEW QUESTION # 51
What is the relationship depicted between Activity G and Activity H?

A. Finish-to-start.
B. You cannot tell with the supplied information.
C. Finish-to-finish.
D. Start-to-start.

Answer: D

NEW QUESTION # 52
Determine the correct formula and date for the late finish for Activity 2002.

A. LS.2003 - 1 day -> 11.06.01.
B. LS.2003 - 1 day -> 10-05-01.
C. LS.2003 - 1 day -> 10-06-01.
D. LS.2003 + 1 day -> 10-07-01.

Answer: B

NEW QUESTION # 53
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AACE International AACE-PSP Exam Questions Answers | AACE-PSP Reliable Source

The Best Accurate AACE-PSP Exam Questions Answers to Obtain AACE International Certification

AACE International Planning & Scheduling Professional (PSP) Exam Sample Questions (Q48-Q53):

AACE-PSP Exam Questions Answers - Quiz AACE International First-grade AACE-PSP Reliable Source

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