Free AACE International PSP Practice Exam with Questions & Answers | Set: 4

 A hammock activity encompasses a group of tasks (6001 through 6003), connecting them to a governing predecessor (4001) and successor (9004).

 The governing predecessor and successor are determined by examining logical dependencies in the schedule network.

 References: PSP Study Guide, Section 2.2.8 – Schedule Quality Analysis, addresses hammock activities and their integration into logical networks.

 Critical Path Analysis:

Critical path activities include proofing, printing, and packaging.

Delays or baseline adherence does not alter the sequence of critical activities.

 Impact Assessment:

No additional changes occur to the baseline critical path in the given scenario.

 Cross-Verification:

Option A: Incorrect. Assumes two path changes.

Option B: Incorrect. Incorrect number of changes.

Option D: Incorrect. Overestimates critical path shifts.

Option C: Correct. Reflects no critical path changes.

 Understand Total Float:

Total float is the amount of time an activity can be delayed without affecting the project completion date.

 Review the Network Diagram and Logic:

Activity F is not on the critical path, which allows for flexibility.

Analyzing the paths and slack in the diagram confirms that Activity F has the most total float.

 Cross-Verification:

Option A: Incorrect. Activity I is on the critical path with no float.

Option B: Incorrect. Activity C is not the most flexible.

Option D: Incorrect. Activity D has limited slack.

Option C: Correct. Activity F has the maximum total float.

 The Late Finish (LF) of Activity 7001, when compared with dependencies in the precedence diagram, does not align with logical flow, indicating an error in its calculation.

 Validating LF involves backward pass calculations, which must respect lags and durations.

 References: PSP Study Guide, Section 2.3.4 – Schedule Change Management, and 2.4.3 – Schedule Analysis, focus on identifying and correcting logic or calculation errors in schedules.

Understand Activity B's Status:

Activity B has an original duration of 5 days.

As of the data date/status date, the diagram shows progress beyond 5 days.

Review Actual Duration:

The progress bar indicates that 7 days have already been worked on Activity B.

Actual duration as of the status date = 7 days.

Cross-Verification:

Option B: Incorrect. Progress exceeds 3 days.

Option C: Incorrect. Progress is not 0 days.

Option D: Incorrect. Progress is more than 4 days.

Option A: Correct. Matches the observed progress on the diagram.

 Key to Duration Accuracy:

A specialized industry handbook offers standardized and validated task durations tailored to the specific context of petrochemical plants.

 Analysis of Options:

Option A: General industry publications may lack specificity.

Option B: Past project schedules provide insight but may not reflect the specific context or updated methodologies.

Option C: The handbook is most relevant as it is tailored to the specific project type.

Option D: Cost estimates are useful for budget alignment but not as precise for duration calculation.

 PSP Study Guide References:

The guide advises leveraging validated industry resources for project-specific accuracy in duration estimation​.

 Conclusion: The correct answer is C, as a specialized industry handbook provides the most reliable and context-specific data for duration estimation.

 Activity Duration in Crashed Schedule:

For Activity 2002, the crashed duration is 28 days (refer to the table).

 Start Date:

The start date is August 12, 2001.

 Adding the Duration:

Starting from August 12, add 28 days. Ensure to account for weekends or holidays if the calendar used excludes them.

 Finish Date Calculation:

Starting on August 12 and counting 28 days gives the finish date as September 8, 2001.