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Planning & Scheduling Professional (PSP) Exam

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Total Questions : 216

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Question # 11

SUBCO is a potential concrete bridge contractor based in a metropolitan area 300 miles away from your project. They have offered to supply manpower and equipment t BILCO at a per diem rate of $3,000 above their direct labor and equipment rates. In doing a cost benefit analysis, which of the following is NOT a consideration?

Options:

A.  

SUBCO direct labor and equipment rates

B.  

BILCO liquidated damages in the SDOT contract

C.  

Pending negotiations with GOUG

E.  

D.  

The distance of SUBCO to your project

Discussion 0
Question # 12

The project team must communicate the project plan, goals and objectives to all stakeholders to ensure the stakeholders understand the plan, goals and objectives and then continue this communication throughout the project life Which statement below would stakeholders NOT be expected to contribute?

Options:

A.  

Stakeholders review the basis the schedule after the schedule is developed

B.  

Stakeholder communication should be the single most Important objective of a program of key cost and schedule performance indicators (KPls)

C.  

Early in the planning process, a set of well-defined goals and objectives is reviewed by the stakeholders

D.  

The key to successful acceptance by all stakeholders is a set of well-defined goals and objectives which should be Identified early in the planning process

Discussion 0
Question # 13

How many work days does it take to move the product from testing to sale?

Question # 13

Options:

A.  

60.

B.  

70.

C.  

100.

D.  

90.

Discussion 0
Question # 14

When project risk is reflected in scheduled activities, what is the most significant characteristic of those activities?

Options:

A.  

The level of resources available to the activity

B.  

The Remaining Duration of the activity

C.  

The criticality of toe activities

D.  

The Late Start of the last activity in that float path

Discussion 0
Question # 15

Each of the following accurately describes total float in a schedule EXCEPT:

Options:

A.  

The amount of time an activity can be delayed without delaying the overall project completion time.

B.  

Can be positive or negative.

C.  

The amount of time an activity can be delayed without delaying the start or occurrence of any other activity or event in the network.

D.  

Computed for an activity by subtracting its early finish from its late finish, or its early start from its late start.

Discussion 0
Question # 16

Baseline schedule can be submitted only__________.

Options:

A.  

at the beginning or the construction

B.  

once the project gets impacted try change

C.  

once the design for the construction gets approved

D.  

once the safety quality and insurance requirements are met

Discussion 0
Question # 17

In order for a claimant to be entitled to an extension of contract time for a delay event (and further to be considered compensable):

Options:

A.  

The delay must affect the critical path.

B.  

The delay must be concurrent with the delay attributable to both parties.

C.  

The delay must not cause monetary harm to the defendant.

D.  

The delay must affect the contractor's planned construction schedule.

Discussion 0
Question # 18

What is the remaining work duration of Active D?

Question # 18

Options:

A.  

4.

B.  

11

C.  

8.

D.  

3.

Discussion 0
Question # 19

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

Options:

A.  

It is calculated using the original logic.

B.  

It is calculated using logic reflecting out-of-sequence progress.

C.  

An out-of-sequence activity cannot resume until all predecessors are finished.

D.  

There is no such thing.

Discussion 0
Question # 20

What is the primary difference between the arrow diagramming method (ADM) and the precedence diagramming method (PDM)?

Options:

A.  

ADM is limited to finish-to-start logic relationships, while PDM is not.

B.  

PDM is a bar chart with network logic, while ADM is a pure logic network.

C.  

ADM is manual CPM calculations, while PDM is computerized.

D.  

ADM uses arrows, while PDM uses boxes.

Discussion 0
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