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AACE International, the certifying body for the AACE-PSP certification, is a non-profit organization that specializes in providing education, certification, and technical resources to professionals in the cost engineering, project management, and total cost management domains. The AACE-PSP certification is one of the many credentials offered by AACE International to help professionals advance their career prospects and enhance their skills and expertise in the field of project management.

AACE International is a professional association that serves the cost and management community worldwide. The association offers a variety of certifications, including the Planning & Scheduling Professional (PSP) Certification Exam. The PSP certification is designed to recognize professionals who have demonstrated expertise in the planning and scheduling of projects, as well as the ability to analyze and evaluate project performance.

The Planning & Scheduling Professional (PSP) Exam certification process involves passing an extensive exam that covers topics such as project planning and scheduling, resource allocation, resource leveling, progress monitoring, and project reporting. Planning & Scheduling Professional (PSP) Exam certification is an internationally recognized credential that can be applied to a number of different industries including construction, engineering, manufacturing, and IT. Candidates who earn the AACE-PSP Certification have the opportunity to advance their careers and demonstrate their expertise in project management.

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AACE International Planning & Scheduling Professional (PSP) Exam Sample Questions (Q18-Q23):

NEW QUESTION # 18
Determine the correct formula and date for the late start for the Activity 11001:

A. LF.1001 + DUR.10001 -> 01-14-04.
B. LF.10001 + 1 day -> 01-16-04.
C. LF.11001 - Dur.11001 -> 01-16-04.
D. LF.11001 - 27 days + 1 day -> 01-14- 04.

Answer: B

NEW QUESTION # 19
Crane operators require 1 hour prep and 1 hour clean-up and inspection per day. There is only 1 crane operator allocated per crane. Crane operators are not allowed to work more than 8 hours a day. Lunchtime break lasts 1 hour. Assuming a 10 minute cycle time, how many lifts per day can be expected?

A. 36 lifts
B. 30 lifts
C. 24 lifts
D. 48 lifts

Answer: A

NEW QUESTION # 20
Which of the following is NOT a tool or technique used to perform scope planning?

A. Benefit cost analysis.
B. Alternatives identification.
C. Expert Judgment.
D. Schedule performance indexing.

Answer: D

NEW QUESTION # 21
In its simplest form, what is the main drawback of critical path method scheduling?

A. It allows for Precedence Diagramming Method to be used in place of Arrow Diagramming Method.
B. It doesn't account for interdependent between activities.
C. It assumes that resources are unlimited.
D. It requires a backward pass to calculate late dates.

Answer: C

NEW QUESTION # 22
Time-scaled logic diagrams are

A. Only calculated using a computer.
B. The same as a pure-logic diagram.
C. Used to calculate the most probable activity duration.
D. Logic networks that are drawn to match the calendar.

Answer: D

NEW QUESTION # 23
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