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Free AACE-PSP Exam Braindumps (page: 5)

Page 4 of 31
PDF with 163 Questions

You are developing a detailed critical path schedule for a proposed petrochemical plant. The schedule will become a part of the project baseline document, which will be sent to the company's board of directors for its consideration.
What document or resource is likely to be MOST valuable in determining the schedule's work activity durations?

  1. Industry publications.
  2. Critical path schedules prepared by you for similar completed projects.
  3. The Petrochemical Industry New Plant Task Duration Handbook.
  4. The cost estimate for the plant prepared by your firm's estimating department.

Answer(s): B



Free float is the

  1. Difference between the early dates and late dates of an activity.
  2. Amount of time the early start of an activity can be delayed without impacting the early start of the successor activity.
  3. Difference between the early finish dates and late finish dates of an activity.
  4. Difference In float value of the critical path activities and the float value of the specific activity being analyzed.

Answer(s): B



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

  1. Drawing a bar chart of the key phrases of the work.
  2. Defining the execution plan to meet the required scope of work.
  3. Setting out the resource to be used and its limitations.
  4. Drawing the logic diagram.

Answer(s): D



Assuming conventional finish-to-start relationships, to calculate a schedule retaining the existing logic means that

  1. It is calculated using the original logic.
  2. It is calculated using logic reflecting out-of-sequence progress.
  3. An out-of-sequence activity cannot resume until all predecessors are finished.
  4. There is no such thing.

Answer(s): B






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