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AACE International Planning & Scheduling Professional (PSP) Exam Sample Questions (Q197-Q202):

NEW QUESTION # 197
What does the narrow band at "Y" represent?

A. You cannot tell with the information supplied.
B. Activity inactivity.
C. Resource limitation period.
D. A rework period.

Answer: A

NEW QUESTION # 198
Is activity 7001 pictured correctly in the precedence diagram?

A. Yes, the duration is 48 days.
B. No, the total float is not shown correctly.
C. No, the start-to-start and finish-to-finish relationships are backwards.
D. Yes, except the early finish date is not shown.

Answer: A

NEW QUESTION # 199
What is accurate about Activity 7001 in the precedence diagram?

A. The LF is not correct
B. The LF is correct
C. The TF is not calculated correctly
D. The successor FF lag from 7001 to 11001 is not shown

Answer: A

Explanation:
* The Late Finish (LF) of Activity 7001, when compared with dependencies in the precedence diagram, does not align with logical flow, indicating an error in its calculation.
* Validating LF involves backward pass calculations, which must respect lags and durations.
* Reference: PSP Study Guide, Section 2.3.4 - Schedule Change Management, and 2.4.3 - Schedule Analysis, focus on identifying and correcting logic or calculation errors in schedules.

NEW QUESTION # 200
Which of these letters, symbols or words best approximates the graphical shape of a project's cumulative BCWS?

A. Bell curve
B. S
C. /
D. _

Answer: D

Explanation:
* Shape of Cumulative BCWS:
The Budgeted Cost of Work Scheduled (BCWS) reflects a cumulative expenditure curve over time, typically shaped like an "S".
* Explanation of the S-Curve:
Initially slow expenditure, acceleration during peak work, and tapering off near completion.
* Verification with PSP Guidelines:
The PSP Study Guide discusses BCWS as part of earned value management (Ref: PSP Study Guide, Chapter 1D: Earned Value Analysis).

NEW QUESTION # 201
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. Release tor Manufacture and Product Available
B. Draft Product Manual. Proof Product Manual, and Print Product Manual
C. Product Testing. Manufacture Product and Package Product
D. Product Testing and Manufacture Product

Answer: D

NEW QUESTION # 202
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