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AACE International Planning & Scheduling Professional (PSP) Exam Sample Questions (Q88-Q93):

NEW QUESTION # 88
An earned value-based project control system can use either of which two budgets as the basis of its calculations?

  • A. Linear feet or dollars.
  • B. Earned or budgeted cost yearly.
  • C. Labor hours or dollars.
  • D. Direct or indirect cost.

Answer: B


NEW QUESTION # 89
Identify the minimum project duration.

  • A. 19 months.
  • B. 16 months.
  • C. 20 months.
  • D. 21 months.

Answer: C


NEW QUESTION # 90
What is a key first step in developing a critical path method schedule?

  • A. Setting out the resource to be used and its limitations.
  • B. Defining the execution plan to meet the required scope of work.
  • C. Drawing a bar chart of the key phrases of the work.
  • D. Drawing the logic diagram.

Answer: D


NEW QUESTION # 91
Determine the correct formula and date for the late start for the Activity 11001:

  • A. LF.11001 - Dur.11001 -> 01-16-04.
  • B. LF.10001 + 1 day -> 01-16-04.
  • C. LF.1001 + DUR.10001 -> 01-14-04.
  • D. LF.11001 - 27 days + 1 day -> 01-14- 04.

Answer: B


NEW QUESTION # 92
What is the free float for Activity F?

  • A. 0months.
  • B. 1months.
  • C. 2month.
  • D. 3 months.

Answer: A


NEW QUESTION # 93
......

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