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: Jun 02, 2026

Question #61

Which of the following is NOT required when performing weekly or monthly schedule updates?

A. Percent complete.

B. Actual finish of activities.

C. Remaining duration of activities.

D. Original duration of activities.

Discussion 0

Correct Answer: D Vote an answer

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Question #62

Free float is the

A. Difference between the early dates and late dates of an activity.

B. Difference In float value of the critical path activities and the float value of the specific activity being analyzed.

C. Amount of time the early start of an activity can be delayed without impacting the early start of the successor activity.

D. Difference between the early finish dates and late finish dates of an activity.

Discussion 0

Correct Answer: C Vote an answer

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Question #63

Which of the following statements is true?

A. In the absence of contrary contractual language network float, as opposed to project float, there is a shared commodity between the owner and contractor

B. In the absence of contrary contractual language free float, as opposed to project float, there is not a shared commodity between the owner and the contractor

C. In the absence of a contrary contractual language total float, as opposed to free float, there is a commodity belonging to the contractor

D. In the absence of contrary contractual language total float, as opposed to tree float, there is a commodity belonging to the owner

Discussion 0

Correct Answer: A Vote an answer

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Question #64

Assumptions made during the planning stage should be_____________.

A. clearly stated as such in an internal memo

B. solely based on a solid experiential database

C. replaced with facts as soon as they are known

D. a risk that is shifted to the implemented in the field

Discussion 0

Correct Answer: C Vote an answer

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Question #65

Assuming activities 2001 through 2004 comprise the same WBS element, construct a WBS summary activity for activities 2001 through 2004. Use the normal schedule, what is the cost of the activity?

A. $321.000

B. $289.000

C. $327,000

D. $193,000

Discussion 0

Correct Answer: A Vote an answer

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Question #66

What does the narrow band at "Y" represent?

A. Resource limitation period.

B. You cannot tell with the information supplied.

C. Activity inactivity.

D. A rework period.

Discussion 0

Correct Answer: A Vote an answer

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Question #67

Who can define KPls?

A. Accounting and Finance

B. The subcontractors and suppliers

C. Environmental regulators

D. The client and the performing/contracting entity

Discussion 0

Correct Answer: D Vote an answer

Question #68

The Baseline Plan does NOT reflect which of the following:

A. stakeholders deliverables

B. scope of worn and work plans

C. schedule milestones

D. approved budget

Discussion 0

Correct Answer: A Vote an answer

Question #69

Prior to the start of work, Management determined the need to make the Product available 10 workdays earlier than planned. Which activities need to be expedited?

A. Draft Product Manual. Proof Product Manual, and Print Product Manual

B. Product Testing. Manufacture Product and Package Product

C. Product Testing and Manufacture Product

D. Release tor Manufacture and Product Available

Discussion 0

Correct Answer: C Vote an answer

Question #70

The amount of time that an activity can be delayed from its early start date without delaying project completion is called:

A. Negative float.

B. Free float.

C. Interfering float.

D. Total float.

Discussion 0

Correct Answer: D Vote an answer

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