2022 New AACE-PSP Exam Questions Real AACE International Dumps [Q31-Q45] : Exam for engine : http://blog.test4engine.com

Q31. Determine the correct formula and date for the late start for Activity 9001.

The early finish is required in order to determine the answer.

LS.6001 Dur.6001 -> 11-20-02.

There is insufficient data provided to calculate the answer.

LF.9001 Dur.9001 -> 11-20-02.

Q32. What does the narrow band at “Y” represent?

Resource limitation period.

A rework period.

Activity inactivity.

You cannot tell with the information supplied.

Q33. Which of the following phases does NOT describe the commonly accepted construction life cycle?

Claims and disputes phase.

Installation phase.

Planning and design phase.

Turnover and start-up phase.

Q34. Each of the following accurately describes total float in a schedule EXCEPT:

The amount of time an activity can be delayed without delaying the overall project completion time.

Can be positive or negative.

The amount of time an activity can be delayed without delaying the start or occurrence of any other activity or event in the network.

Computed for an activity by subtracting its early finish from its late finish, or its early start from its late start.

Q35. 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?

$420,000.

$307,000.

$524,000.

$552,000.

Q36. The sum of all budgets for work scheduled to be accomplished within a given time period is the
____________.

Estimate at completion (EAC)

Budget at completion (BAC)

Budgeted cost of work performed (BCWP)

Budgeted cost of work scheduled (BCWS)

Q37. Project delays are best analyzed

After either the contractor or the owner acknowledges ^responsibility for the delay.

Contemporaneously with the delay.

By an expert after the project is finished when complete records are available and the impact is known.

Late in the project.

Q38. What is a key first step in developing a critical path method schedule?

Drawing a bar chart of the key phrases of the work.

Defining the execution plan to meet the required scope of work.

Setting out the resource to be used and its limitations.

Drawing the logic diagram.

Q39. For which of these delays should an owner grant a time extension?

Structural steel shop drawings.

Shop drawings and centrifuge delay.

Differing site conditions at parking structure.

Differing site conditions and centrifuge delay.

Q40. When resource leveling craft labor for a critical path schedule, the scheduler

Must consider breaks in continuity of work for subcontractors, thereby possibly incurring additional subcontractor mobilization and demobilization costs.

Can depend on the results of the resource leveling operation to reflect a useful realignment of all schedule activities without ‘further analysis.

Need not consider its effects, as it is a theoretical concept with limited application to construction projects.

Need only consider the non-union crafts persons.

Q41. In a “crashed” schedule, which is a chain of activities that precede activity 2004?

1001, 2001, 2002, 2003

2001, 2002, 2003, 2007

1001, 2002, 2003

1001, 2002, 2002, 2003, 3001

Q42. Assuming that you had only one crane capable of 30 lifts per day, 3 column pours requiring 28 lifts each, plus associated assorted work requiring an additional 150 lifts, what is the minimum planned working duration for this work?

8 work days

18 work days

7 work days

15 workdays

Q43. Budgeted cost of work scheduled is _______________________.

The value of the completed work expressed in terms of the budget assigned to that work

The total authorized budget for accomplishing the project scope

The expected total cost of an activity, group of activities or the project

The sum of all budgets for work scheduled to be accomplished within a given time period

Q44. Activity C is a

Contentious activity.

Continuous activity.

1-day activity.

Milestone.

Q45. Activity durations are normally estimated in an intuitive and subjective way. All of the following will improve duration accuracy EXCEPT

Use gross building square footages. The pluses and minuses all average out.

Look at each activity independently and don’t follow specific logic paths when assigning activity durations.

Divide activities into smaller activities. This will increase activity detail and duration estimate accuracy.

Use the people responsible for performing the work as a resource to assign activity durations.