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The AACE-PSP certification is highly regarded in the project management industry, as it demonstrates a candidate's proficiency in project planning and scheduling. It is an ideal certification for professionals who wish to advance their careers in project management or for those who wish to demonstrate their expertise to potential employers. The AACE-PSP Certification is valid for three years, and candidates must earn continuing education units (CEUs) to maintain their certification.
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The AACE-PSP Certification Exam is an excellent way for professionals in project planning and scheduling to demonstrate their expertise and advance their careers. It is a challenging and rewarding certification that can help professionals stand out in a competitive job market and take their careers to the next level.
AACE International Planning & Scheduling Professional (PSP) Exam Sample Questions (Q130-Q135):
NEW QUESTION # 130
Determine the correct formula and date for the late finish for Activity 2002.
- A. LS of 2003 less 1 day equaling to 06 Oct 2021
- B. LS of 2003 plus 1 day equaling to 07 Oct 2021
- C. LS of 2003 less 1 day equaling to 05 Oct 2021
- D. LS of 2003 less 1 day equaling to 06 Nov 2021
Answer: C
NEW QUESTION # 131
If a new hammock activity covering activities 6001 through 6003 is developed, what are governing predecessor and successor activities?
- A. Predecessor is Activity 4001. successor is Activity 9004
- B. Predecessor is Activity 5001, successor is Activity 8001
- C. Predecessor is Activity 4001, successor is Activity 9003
- D. Predecessor is Activity 8001, successor is Activity 5001
Answer: B
NEW QUESTION # 132
Using the "normal" schedule, given Activity 3001 and the relationship with Activity 4001, what is indicated?
- A. These activities are concurrent with Activity 4001 starting 15 days after the start of Activity 3001.
- B. The activities occur in series with a 15-day lag.
- C. These activities are concurrent with Activity 4001 starting 15 days earlier than the start of Activity 3001.
- D. The activities run concurrently.
Answer: A
Explanation:
Analyze the Relationship Details:
The table shows that Activity 3001 ("Excavation, Dam Site") and Activity 4001 ("Excavation, Spillway") have a Start-to-Start (SS) relationship with a lag of 15 days. A Start-to-Start relationship indicates that the successor activity (4001) can only start after a specified lag period once the predecessor activity (3001) begins.
Understand the Concept of Lag:
In scheduling terminology, lag refers to a delay or waiting period between the start (or finish) of one activity and the start (or finish) of a dependent activity. Here, the 15-day lag means that Activity 4001 will commence 15 days after Activity 3001 has started.
Interpret the Relationship:
The SS relationship combined with a lag indicates that the two activities (3001 and 4001) are not starting exactly at the same time but are still overlapping or concurrent. This concurrency happens after the lag period elapses.
Verify PSP Study Guide and Relevant Terminology:
According to AACE International's Recommended Practices and the PSP Certification Study Guide:
Start-to-Start relationships are widely used to model overlapping work in schedules where one activity can start before its predecessor is fully complete (PSP Study Guide, Chapter on Scheduling Relationships and Constraints).
Lags provide flexibility to model realistic conditions where tasks start partially overlapping or with delays (PSP Study Guide, Section 2.2.4 Relationships).
Cross-Check the Answer Options:
Option A (Correct): Matches the described logic - "These activities are concurrent with Activity 4001 starting 15 days after the start of Activity 3001." Option B: Incorrect - Lag is applied to the successor activity, meaning 4001 cannot start earlier than 3001.
Option C: Incorrect - This relationship (SS with a lag) indicates concurrency, not series.
Option D: Incorrect - Though concurrent, the lag makes the start times offset by 15 days, so they do not start at the same time.
Reference:
PSP Study Guide (2019), Chapter 2A - Schedule Development, Section 2.2.4 - Relationships.
AACE International Recommended Practices, RP 10S-90, "Cost Engineering Terminology." Total Cost Management Framework, Concepts of Activity Relationships and Scheduling Dependencies.
NEW QUESTION # 133
Which of the following is NOT input data to the construction planning process?
- A. Input from the contractor
- B. The contract
- C. Input from the owner
- D. Bonding capacity of subcontractors
Answer: D
NEW QUESTION # 134
Which letter of the alphabet best approximates the graphical shape of a project's cumulative cost baseline, or budgeted cost of work scheduled?
- A. C.
- B. W.
- C. S.
- D. B.
Answer: C
NEW QUESTION # 135
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