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Free AACE International PSP Practice Exam with Questions & Answers | Set: 2

Questions 11

When reconstructing a CPM schedule electronically from a hardcopy, which of the following is NOT required to determine the critical path?

Options:
A.

Detailed listing of working days for each calendar used

B.

Predecessor and successor listing with logic type and lag duration, preferably sorted by activity ID

C.

Assigned party responsibility for each work task

D.

Tabular listing of activities showing duration, calendar ID, early and late dates

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Questions 12

Assuming conventional finish-to-start relationships, to calculate a schedule retaining the existing logic means that

Options:
A.

It is calculated using the original logic.

B.

It is calculated using logic reflecting out-of-sequence progress.

C.

An out-of-sequence activity cannot resume until all predecessors are finished.

D.

There is no such thing.

Questions 13

Using the normal schedule and excluding general conditions, which activities are NOT on the critical path?

Options:
A.

6001, 8001, 9001. 9002, 9004. 9005

B.

7001, 8001, 9001. 9003. 9004. 10002

C.

5001,7001.8001,9001,9004,9005

D.

2003,8001.9001.9002,9005,10001

Questions 14

Total float is defined as the amount of time an activity can be delayed without impacting

Options:
A.

The overall project completion

B.

The buoyancy of a successor activity

C.

The next activity

D.

The end of that activity

Questions 15

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?

PSP Question 15

Options:
A.

06-11-02.

B.

06-04-02.

C.

06-18-02.

D.

06-05-02.

Questions 16

Project delays are best analyzed

Options:
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.

Questions 17

What does the heavy, vertical line at "X" represent?

PSP Question 17

Options:
A.

Delay fault line.

B.

The status or data date.

C.

Change-over limits.

D.

International Date Line.

Questions 18

In an earned value-based system, a schedule performance index of less than one for the project indicates the project is:

Options:
A.

ahead of schedule

B.

on schedule

C.

complete

D.

behind schedule

Questions 19

The addition of which of the following relationships would cause a logic loop?

Options:
A.

O H - D

B.

O C - J

C.

O F-I

D.

O l-C

Questions 20

Determine the correct formula and date for the late finish for Activity 6002.

Options:
A.

LS of 6003 plus 1 day equaling 09 Mar 2023

B.

LS of 6003 less 1 day equaling 09 Mar 2022

C.

LS of 6003 less 1 day equaling 09 Mar 2023

D.

LS of 6003 plus 1 day equaling 09 Mar 2022

Exam Code: PSP
Certification Provider: AACE International
Exam Name: Planning & Scheduling Professional (PSP) Exam
Last Update: Jul 20, 2025
Questions: 163

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