AACE International AACE-PSP Exam Questions
Planning & Scheduling Professional (PSP) (Page 2 )

Updated On: 15-Feb-2026

Which of the following types of delay will NOT result in a time extension and additional compensation for a contractor?

  1. Non-excusable delay
  2. Compensable delay
  3. Non-compensable delay
  4. Excusable delay

Answer(s): C



Which of the following documents is most likely to be of the LEAST value to a planner/scheduler when planning a contractor's baseline critical path schedule for the construction of a large high- clearance bridge located very near an airport? The contractor has been awarded the contract.

  1. The project plans and specifications
  2. The project geotechnical report
  3. The regulations published by the government aviation agency
  4. The government's report on future high-clearance bridge projects

Answer(s): C



In order for a claimant to be entitled to an extension of contract time for a delay event (and further to be considered compensable):

  1. The delay must affect the critical path.
  2. The delay must be concurrent with the delay attributable to both parties.
  3. The delay must not cause monetary harm to the defendant.
  4. The delay must affect the contractor's planned construction schedule.

Answer(s): A



Which of the following is NOT required when initially planning a project?

  1. Resource Identification and leveling.
  2. The duration of each task.
  3. A schedule that identifies tasks required on a project.
  4. Logical relationships between the tasks.

Answer(s): B



Which of the following is NOT a tool or technique used to perform scope planning?

  1. Benefit cost analysis.
  2. Schedule performance indexing.
  3. Expert Judgment.
  4. Alternatives identification.

Answer(s): B






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