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AACE International Planning & Scheduling Professional (PSP) Exam Sample Questions (Q124-Q129):

NEW QUESTION # 124
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. Production output.
B. Productivity loss.
C. Productivity efficiency.
D. Acceleration.

Answer: B

NEW QUESTION # 125
The primary determination of schedule detail is:

A. The staffing of planners and schedulers
B. The contract specifications
C. The frequency of update periods
D. The number of subcontractors working on a work package

Answer: B

NEW QUESTION # 126
Which of the following options is NOT a feasible method to reduce the overall completion time of the toll road program?

A. Allocating forces from other BILCO contracts to the toll road project
B. Proceeding with the work in advance of the environmental studies
C. Subcontract outside forces to accelerate the Phase A Schedule
D. Reduce the phasing from 5 phases to 3 phases

Answer: B

Explanation:
* Proceeding without completing environmental studies introduces compliance risks, such as legal challenges or project shutdowns. This is not a feasible method for reducing the overall completion time as it contradicts environmental regulations and ethical standards.
* Methods like subcontracting (A) or reallocating resources (B) are feasible, as they leverage resource management.
* Reference: PSP Study Guide, Section 1.2.3 - Stakeholder Considerations, and Section 1.3.13 - Risk and Recovery Planning, which emphasize compliance with regulations and avoiding unmanageable risks.

NEW QUESTION # 127
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?

A. $307,000.
B. $420,000.
C. $552,000.
D. $524,000.

Answer: C

NEW QUESTION # 128
What was the original planned duration for Activity A through Activity G?

A. 28.
B. 25.
C. 26.
D. 24.

Answer: A

NEW QUESTION # 129
......

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Julian Thomas Julian Thomas

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