AACE-PSP Online Practice Questions and Answers

You are developing a detailed critical path schedule for a proposed petrochemical plant. The schedule will become a part of the project baseline document, which will be sent to the company's board of directors for its consideration. What document or resource is likely to be MOST valuable in determining the schedule's work activity durations?

A. Industry publications.

B. Critical path schedules prepared by you for similar completed projects.

C. The Petrochemical Industry New Plant Task Duration Handbook.

D. The cost estimate for the plant prepared by your firm's estimating department.

These are the activities on the critical path: A. A, D, and I.

B. A, C, E, and H.

C. A, B, G, and H.

D. A, B, F, and J

When resource leveling craft labor for a critical path schedule, the scheduler

A. Must consider breaks in continuity of work for subcontractors, thereby possibly incurring additional subcontractor mobilization and demobilization costs.

B. Can depend on the results of the resource leveling operation to reflect a useful realignment of all schedule activities without 'further analysis.

C. Need not consider its effects, as it is a theoretical concept with limited application to construction projects.

D. Need only consider the non-union crafts persons.

Project delays are best analyzed

A. After either the contractor or the owner acknowledges ^responsibility for the delay.

B. Contemporaneously with the delay.

C. By an expert after the project is finished when complete records are available and the impact is known.

D. Late in the project.

Using the "normal" schedule, what is the early finish date of activity 10002 and its total float?

A. 12-27-03 and 24 days of float

B. 12-18-03 and 4 days of float

C. 12-17-03 and 4 days of float

D. 12-18-03 and 25 days of float

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?

A. 15 days.

B. 10 days.

C. 0 days.

D. 5 days.

What owner action could have mitigated the late completion of the project?

A. Hire a more senior project manager.

B. Self-perform more of the work.

C. Use a procurement agent to monitor and expedite equipment deliveries.

D. Prepare better structural steel drawings.

At a minimum, periodic reporting must be done at what interval?

A. Monthly.

B. As requested by the project manager.

C. As requested by the owner.

D. As specified in the contract documents.

Project schedules help control all of the following EXCEPT for_____________________.

A. Quality

B. Cost

C. Resources

D. Time

By subtracting a measured unit productivity rate during an impacted period from the unit productivity rate during an unimpacted period, the resulting value represents:

A. Acceleration.

B. Production output.

C. Productivity loss.

D. Productivity efficiency.