AACE International AACE-PSP Actual Free Exam Questions & Community Discussion

Exam Code/Number: AACE-PSP
Exam Name/Title: Planning & Scheduling Professional (PSP) Exam
Certification Provider: AACE International
Corresponding Certification: AACE Certification

Exam Questions: 218
Updated On: Aug 01, 2026

Question #1

If Activity E's duration changes to 4 months, what is the overall duration of the project.

A. 22 months.

B. 21 months.

C. 20 months.

D. 19 months.

Discussion 0

Correct Answer: D Vote an answer

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Question #2

The schedule or budget at completion less the estimate at completion is___________.

A. the variance at completion

B. the cost variance

C. the schedule variance

D. the profit or loss for the project

Discussion 0

Correct Answer: A Vote an answer

Question #3

Theoretically construct a summary activity for activities 6001 through 6003. Identify the governing predecessor and successor activities for the hammock:

A. Predecessor is activity 5001, successor is activity 8002

B. Predecessor is activity 5001, successor is activity 8001

C. Predecessor is activity 9001, successor is activity 9002

D. Predecessor is activity 4001, successor is activity 8001

Discussion 0

Correct Answer: B Vote an answer

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Question #4

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

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

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

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

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

Discussion 0

Correct Answer: B Vote an answer

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Question #5

Using the "normal" schedule, and assuming you are billing on the last day of the month for previous month and for appropriate partial months, how many invoices will you have for this project?

A. 40.

B. 37.

C. 42.

D. 36.

Discussion 0

Correct Answer: C Vote an answer

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Question #6

Determine the correct formula and date for the late start for the Activity 11001:

A. LF of 11001 less 25 days plus 1 day equaling 16 Jan 2024

B. LF of 11001 less 27 days plus 1 day equaling 14 Jan 2024

C. LF of 11001 less duration of 11001 equaling 16 Jan 2024

D. LF of 1000 less 25 days equaling 16 Jan 2024

Discussion 0

Correct Answer: C Vote an answer

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Question #7

Due to a testing delay, release of the product for manufacture is delayed by 5 workdays and the product manual misses its print window at the printer. If the printer is delayed by 10 workdays, what is the delay to produce release?

A. 10 days.

B. 5 days.

C. 15 days.

D. 0 days.

Discussion 0

Correct Answer: C Vote an answer

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Question #8

Which statement is true?

A. Where compensability cannot be established, excusability is a given.

B. Where compensability can be established, excusability is assumed.

C. Where compensability cannot be established, excusability is assumed.

D. Where compensability can be established, excusabltity cannot be assumed.

Discussion 0

Correct Answer: B Vote an answer

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Question #9

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

A. O F-I

B. O C - J

C. O H - D

D. O l-C

Discussion 0

Correct Answer: A Vote an answer

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Question #10

Using the normal schedule, what is the owner's total cost of the project?

A. S13.102.900

B. S12.990.000

C. S13.990.600

D. S12.953.600

Discussion 0

Correct Answer: B Vote an answer

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