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AACE International AACE-PSP Blueprint - The free demo has three versions.

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AACE-PSP PDF DEMO:

QUESTION NO: 1
Which activity is drawn in the incorrect position?
A. Activity E.
B. Activity
C. Activity G.
D. Activity
Answer: D

QUESTION NO: 2
Estimate to complete (ETC) is __________________.
A. The expected total cost of an activity, group of activities or the project
B. The costs actually incurred in accomplishing the work performed
C. The value of the completed work expressed in terms of the budget assigned to that work
D. The expected remaining cost needed to complete an activity, group of activities or the project
Answer: D

QUESTION NO: 3
What is the remaining work duration of Active D?
A. 11
B. 8.
C. 3.
D. 4.
Answer: D

QUESTION NO: 4
What is the primary difference between the arrow diagramming method (ADM) and the precedence diagramming method (PDM)?
A. ADM is manual CPM calculations, while PDM is computerized.
B. ADM is limited to finish-to-start logic relationships, while PDM is not.
C. ADM uses arrows, while PDM uses boxes.
D. PDM is a bar chart with network logic, while ADM is a pure logic network.
Answer: B

QUESTION NO: 5
Which is NOT an industry-recognized methodology for quantifying critical delay?
A. Time Impact.
B. Periodic Windows.
C. Collapsed As-Built.
D. Gantt Chart.
Answer: D

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Updated: May 28, 2022