2026 Valid AACE-PSP Exam Updates - 2026 Study Guide
AACE-PSP Certification - The Ultimate Guide [Updated 2026]
AACE International is a globally recognized professional association for the management and development of cost and schedule professionals. The organization provides a variety of professional certifications, including the AACE-PSP (Planning & Scheduling Professional) certification, designed for professionals who specialize in project scheduling, planning, and control.
NEW QUESTION # 124
Activity durations are normally estimated in an intuitive and subjective way. All of the following will improve duration accuracy EXCEPT
- A. Divide activities into smaller activities. This will increase activity detail and duration estimate accuracy.
- B. Use the people responsible for performing the work as a resource to assign activity durations.
- C. Use gross building square footages. The pluses and minuses all average out.
- D. Look at each activity independently and don't follow specific logic paths when assigning activity durations.
Answer: B
NEW QUESTION # 125
What is the relationship depicted between Activity G and Activity H?
- A. Finish-to-start.
- B. You cannot tell with the supplied information.
- C. Finish-to-finish.
- D. Start-to-start.
Answer: D
NEW QUESTION # 126
What is the remaining work duration of Active D?
- A. 3.
- B. 4.
- C. 8.
- D. 0
Answer: C
Explanation:
Understand the Relationship Between G and H:
The time-scaled diagram shows that Activity H starts immediately after the finish of Activity G.
This is indicative of a Finish-to-Start (FS) relationship.
Cross-Verification:
Option A: Incorrect. The relationship is visible in the diagram.
Option B: Incorrect. There is no evidence of a Start-to-Start (SS) relationship.
Option D: Incorrect. Finish-to-Finish (FF) is not applicable here.
Option C: Correct. FS relationship matches the network logic.
NEW QUESTION # 127
Using the normal schedule and excluding general conditions, which activities are NOT on the critical path?
- A. 2003,8001.9001.9002,9005,10001
- B. 6001, 8001, 9001. 9002, 9004. 9005
- C. 5001,7001.8001,9001,9004,9005
- D. 7001, 8001, 9001. 9003. 9004. 10002
Answer: C
Explanation:
Activities not on the critical path are those with positive float, meaning they can be delayed without affecting the overall project completion time. The determination of such activities requires performing a forward and backward pass calculation as per CPM (Critical Path Method) analysis principles (PSP Study Guide, Section 2.2.4, "Relationships").
For example:
Identify the critical path by analyzing total float values (typically, critical path activities have zero total float).
Exclude activities that do not fall on the critical path.
NEW QUESTION # 128
Project delays are best analyzed
- A. Late in the project.
- B. Contemporaneously with the delay.
- C. After either the contractor or the owner acknowledges ^responsibility for the delay.
- D. By an expert after the project is finished when complete records are available and the impact is known.
Answer: D
NEW QUESTION # 129
Determine the correct formula and date for the late finish for Activity 9004.
- A. LS of 10002 less lag of 7 days plus 1 day equaling 20 Nov 2023
- B. LF of 8001 plus 72 days
- C. LS of 9004 plus 72 days
- D. LF of 10002 less 24 days
Answer: C
Explanation:
* The Late Finish (LF) for an activity in CPM is determined by adding the activity's duration to its Late Start (LS).
* For Activity 9004, if its Late Start is known, adding the activity's 72-day duration gives the Late Finish date.
* Reference: PSP Study Guide, Section 2.2.4 - Relationships and Calculations, highlights the importance of forward and backward pass calculations to determine ES, EF, LS, and LF.
NEW QUESTION # 130
Why does activity 1001 have two successor activities?
- A. Because the duration of activities 2001, 2002 and 200.f require two successors
- B. Because there are two defined logic paths for the work
- C. Because the problem could not effectively work with only one successor
- D. Because the late finish of 1001 and the late start of 7001 require two successors
Answer: B
NEW QUESTION # 131
Using the "crashed" schedule, if you start Activity 2002 on August 12, 2001, what is the finish date for Activity 2002?
- A. 09-28-01.
- B. 09-15-01.
- C. 09-08-01.
- D. 09-18-01.
Answer: C
NEW QUESTION # 132
If a new hammock activity covering activities 6001 through 6003 is developed, what are governing predecessor and successor activities?
- A. Predecessor is Activity 4001. successor is Activity 9004
- B. Predecessor is Activity 8001, successor is Activity 5001
- C. Predecessor is Activity 5001, successor is Activity 8001
- D. Predecessor is Activity 4001, successor is Activity 9003
Answer: A
Explanation:
* A hammock activity encompasses a group of tasks (6001 through 6003), connecting them to a governing predecessor (4001) and successor (9004).
* The governing predecessor and successor are determined by examining logical dependencies in the schedule network.
* Reference: PSP Study Guide, Section 2.2.8 - Schedule Quality Analysis, addresses hammock activities and their integration into logical networks.
NEW QUESTION # 133
If after calculating a schedule an activity exhibits negative total float, which of the following is certain? The activity
- A. It is on the critical path.
- B. Was completed in the past.
- C. Has yet to be completed.
- D. Is a milestone.
Answer: C
Explanation:
Negative total float occurs when an activity's scheduled completion date extends beyond the project deadline due to constraints. This condition indicates that the activity is still pending and needs immediate attention to avoid further delays.
Option A (milestone) is unrelated.
Option B (critical path) is not necessarily true, as activities with negative float can exist off the critical path under certain constraints.
Option C (completed in the past) is incorrect as negative float applies only to future or ongoing activities.
NEW QUESTION # 134
Using the "crashed" schedule, if you start Activity 2002 on August 12, 2001, what is the finish date for Activity 2002?
- A. 09-28-01.
- B. 09-15-01.
- C. 09-08-01.
- D. 09-18-01.
Answer: C
NEW QUESTION # 135
When reconstructing a CPM schedule electronically from a hardcopy, which of the following is NOT required to determine the critical path?
- A. Predecessor and successor listing with logic type and lag duration, preferably sorted by activity ID
- B. Tabular listing of activities showing duration, calendar ID, early and late dates
- C. Detailed listing of working days for each calendar used
- D. Assigned party responsibility for each work task
Answer: D
Explanation:
To reconstruct a CPM schedule electronically and determine the critical path, the following are essential:
Detailed listing of working days for each calendar (Option A): Ensures accurate scheduling across varying work periods.
Predecessor and successor relationships (Option B): Establishes logic and dependencies.
Tabular data including early/late dates (Option D): Necessary for computing float and identifying the critical path.
Assigned party responsibility (Option C) is important for resource management but not required to calculate the critical path.
NEW QUESTION # 136
The data date or status date of a schedule represents the:
- A. date the project manager turns in the schedule update
- B. date on which progress is based
- C. date the monthly update is performed
- D. system date when the software calculates the update
Answer: C
NEW QUESTION # 137
Which of the following phases does NOT describe the commonly accepted construction life cycle?
- A. Planning and design phase.
- B. Installation phase.
- C. Turnover and start-up phase.
- D. Claims and disputes phase.
Answer: A
NEW QUESTION # 138
The linear scheduling velocity diagram has the following two-axis:
- A. Time and location
- B. Location and crew size
- C. Time and rate of progress
- D. Time and crew size
Answer: A
Explanation:
The linear scheduling velocity diagram uses time on one axis and location on the other. This graphically represents the progression of work at various locations over time.
Option C (time and rate of progress) and Option D (time and crew size) refer to related concepts but do not accurately describe the axes.
Option A (location and crew size) is unrelated.
This aligns with graphical techniques discussed for construction scheduling.
NEW QUESTION # 139
As a change to the network for the current update, activity 6002 is required to begin ten days after the beginning of activity 6001. Which is the simplest logic organization?
- A. A start-to-start to relationship for both activities 6001 and 6002 with a ten-day lag assigned to activity
6002. - B. A start-to-finish relationship with both activities 6001 and 6002 having a ten-day lag
- C. A start-to-start relationship with a ten-day lag assigned to activity 6001; activity 6002 will be dependent on activity 6001
- D. A finish-to-start relationship with a ten-day lag assigned to activity 6002; activity 6001 will be dependent on activity 6002
Answer: D
NEW QUESTION # 140
Using the "normal" schedule, theoretically construct a hammock for activities 2001 through 2004. What is the duration of the hammock?
- A. 183 days
- B. 168 days
- C. 193 days
- D. 91 days
Answer: A
NEW QUESTION # 141
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