Free AACE International AACE-PSP Exam Dumps Questions & Answers

The Cost Estimate is NOT developed to:

• A.determine the project performance goals
• B.quantify cost, and price the resources required by the Scope of Work
• C.predict uncertain future costs
• D.providing the basis for budgets

Using the normal schedule, what is the owner's total cost of the project?

• A.S13.102.900
• B.S12.953.600
• C.S12.990.000
• D.S13.990.600

Should activities be coded with the EBS value?

• A.No. the EBS Is much higher than activity coding
• B.Yes. the project coding should roll up to EBS values
• C.Yes. the EBS is the most important project coding level
• D.No. only a few EBS values exist at the activity level

Which of the following is NOT true?

• A.Remaining durations can exceed original durations.
• B.Multiple calendars can affect the total float calculation.
• C.A network must contain only one Critical Path.
• D.Constraints can interfere with the longest path calculation.

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?

• A.Critical path schedules prepared by you for similar completed projects.
• B.The cost estimate for the plant prepared by your firm's estimating department.
• C.Industry publications.
• D.The Petrochemical Industry New Plant Task Duration Handbook.