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100% Free AACE-PSP Files For passing the exam Quickly UPDATED Apr 16, 2026

AACE-PSP Dumps Questions Study Exam Guide 

The AACE-PSP exam is a computer-based test that consists of 125 multiple-choice questions. Candidates are given four hours to complete the exam. AACE-PSP exam is administered at Prometric testing centers located in various cities around the world. Candidates can register for the exam online through the AACE International website.

AACE International is a professional organization that provides certification and education for project and cost management professionals. One of their most popular certifications is the Planning and Scheduling Professional (PSP) certification. Planning & Scheduling Professional (PSP) Exam certification is designed for professionals who specialize in project planning and scheduling, and it demonstrates their proficiency in this critical area of project management.

 

NEW QUESTION 117
What is the relationship depicted between Activity G and Activity H?

 
 
 
 

NEW QUESTION 118
Activity 1001 started on the scheduled date but has slipped 10 days. Activity 10002 will slip 35 days. All remaining activities retain their original duration. What is the revised completion date?

 
 
 
 

NEW QUESTION 119
These are the activities on the critical path:

 
 
 
 

NEW QUESTION 120
Using one crane capable of 30 lifts per day. for 3 column pours requiring 28 lifts each, plus assorted work in the area requiring an additional 150 lifts, what are the lowest planned workdays for this work?

 
 
 
 

NEW QUESTION 121
Which of the following is NOT required when initially planning a project?

 
 
 
 

NEW QUESTION 122
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?

 
 
 
 

NEW QUESTION 123
In analyzing a logical chain of activities in a critical path method (CPM) schedule, what do differing total float values within that chain typically indicate?

 
 
 
 

NEW QUESTION 124
Which of the following phases does NOT describe the commonly accepted construction life cycle?

 
 
 
 

NEW QUESTION 125
The Organizational Breakdown Structure (OBS) is a hierarchical structure that does NOT include which of the following:

 
 
 
 

NEW QUESTION 126
Identify the late finish to develop plans and specs.

 
 
 
 

NEW QUESTION 127
Assumptions made during the planning stage should be_____________.

 
 
 
 

NEW QUESTION 128
Using the “normal” schedule, if you start Activity 7001 on April 1, 2002, and using a 5-day workweek, what the finish date for Activity 7001?

 
 
 
 

NEW QUESTION 129
Which activity is drawn in the incorrect position?

 
 
 
 

NEW QUESTION 130
Scenario:
The entire network consists of the following activities and relationships. Activity A is twenty days long and is tied to Activity B, a ten-day activity, with a finish-to-finish tie with a lag value of five Activity B is tied to Activity C, a twenty-day activity, with a start-to-start relationship with a lag value of five.

PSP Activities Table
Scope Known about Rock-Filled Dam Project:
The dam requires river diversion and work over two or more rainy seasons. The contract is lump sum, competitively bid, and will be self-performed. The owner has attempted to shift all risk to the contractor by employing “no differing sit conditions” and “no damage for delay” clauses. There is a bonus/penalty provision of $2,500 per calendar day for early or late delivery. The early completion bonus is capped at $500,000, with no cap for late delivery penalty.
Liquidated damages end at the finish of demobilization. Indirect costs per calendar day are $2,800 for the
“normal” schedule and $3,200 for the “crashed” schedule. The winter/wet weather season is 151 days between October 15 and March 25 of each year, reduces the efficiency of the contractor’s operations by 20% and costs the contractor $10,000 per day. Assume a start date of March 5, 2001 and use a 7-day work week.
The following table lists work activities as planned by the contractor.

Theoretically construct a summary activity for only those activities with a finish-to-start relationship for Activities 8001 through 10001. Using the “normal” schedule, what is the cost of this hammock?

 
 
 
 

NEW QUESTION 131
Crane operators require 1 hour prep and 1 hour clean-up and inspection per day. There is only 1 crane operator allocated per crane. Crane operators are not allowed to work more than 8 hours a day. Lunchtime break lasts 1 hour. Assuming a 10 minute cycle time, how many lifts per day can be expected?

 
 
 
 

NEW QUESTION 132
In analyzing a logical chain of activities in a critical path method (CPM) schedule, what do differing total float values within that chain typically indicate?

 
 
 
 

NEW QUESTION 133
Determine the correct formula and date for the late finish for Activity 9004.

 
 
 
 

NEW QUESTION 134
As a change to the network for the current update, activity 6002 is required to begin ten days after the beginning of activity 6001. Which is the simplest logic organization?

 
 
 
 

NEW QUESTION 135
Which of the following are NOT considerations or constraints of the planning process for construction scheduling?

 
 
 
 

NEW QUESTION 136
Who will receive the most benefit from a master schedule of the Spring Highway project?

 
 
 
 

NEW QUESTION 137
Which of the following is NOT a tool or technique used to perform scope planning?

 
 
 
 

NEW QUESTION 138
Which of the following parties is NOT a stakeholder of the Spring Highway project?

 
 
 
 

NEW QUESTION 139
Which of these letters, symbols or words best approximates the graphical shape of a project’s cumulative BCWS?

 
 
 
 

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