AACE-PSP Exam Preparation Material | Planning & Scheduling Professional (PSP) Exam

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Prepare for the AACE-PSP Planning & Scheduling Professional (PSP) exam with CertQueen's independently developed study resources. Review important concepts, practice scenario-based questions, and use clear explanations to identify areas that require further study.

Question#1

Who will receive the most benefit from a master schedule of the Spring Highway project?

A. ALPHA
B. GOUG
C. Inc
D. BILCO
E. SDOT

Explanation:
SDOT, as the project owner or primary stakeholder, benefits most from a master schedule as it provides an overview of progress, resource allocation, and critical path analysis for the entire project.
Contractors (e.g., BILCO) may rely on more detailed schedules specific to their scope rather than the overall master schedule.
Reference: PSP Study Guide, Section 2.4.8 C Management Summary, which explains how master schedules are valuable to owners and stakeholders for overall project oversight.

Question#2

What day would Activity C complete if the duration of Activity B was reduced to zero?

A. 50
B. 20
C. 30
D. 40

Explanation:
If the duration of Activity B is reduced to zero, the completion of Activity C is determined solely by its own duration and predecessor relationships.
Without knowing the explicit network logic, it is inferred that reducing Activity B to zero does not affect Activity C’s finish on Day 50, as its relationship with other activities remains intact.
Reference: PSP Study Guide, Section 2.2.4 C Relationships and Calculations, highlights how relationships and durations impact completion dates.

Question#3

Midway through the project you received an executed change order for this project, adding thirty-three days to the contract for weather delays.
In its simplest form, how would your next project update display the changed condition?


A. After Activity 1000, add a new Activity 1050 with a start-to-start relationship to Activity 1000, and tie the end of this new activity with a finish-to-finish relationship to the final activity of the project.
B. After Activity 1000, add a new Activity 1010 with a finish-to-start relationship to Activity 1000, and tie the end of this new activity with a finish-to-start relationship to the final activity of the project.
C. After Activity 1001, add a new Activity 1011 with a finish-to-start relationship to Activity 1000, and tie the end of this new activity with a finish-to-start relationship to the final activity of the project.

Explanation:
Scenario Overview:
A change order has been approved, adding 33 days for weather delays. This requires updating the schedule to reflect the extended contract duration.
Impact on Scheduling:
The simplest and cleanest way to include the change is to create a new activity that represents the delay (e.g., Activity 1050).
The new activity is linked to Activity 1000 using a start-to-start (SS) relationship. This ensures the delay begins in parallel with the original contract start.
The finish-to-finish (FF) relationship with the final activity ensures that the extended duration impacts the project's overall timeline.
Cross-Verification with PSP Principles:
PSP principles emphasize the importance of maintaining logical integrity and clarity when updating schedules for change orders (Ref: PSP Study Guide, Chapter 2B: Schedule Maintenance/Controlling). This method ensures traceability of the delay without affecting activity logic unnecessarily.

Question#4

Why does activity 1001 have two successor activities?


A. Because the late finish of 1001 and the late start of 7001 require two successors
B. Because the problem could not effectively work with only one successor
C. Because there are two defined logic paths for the work
D. Because the duration of activities 2001, 2002 and 200.f require two successors

Question#5

Determine the correct formula and date for the late start for the Activity 11001:


A. LF of 11001 less 27 days plus 1 day equaling 14 Jan 2024
B. LF of 1000 less 25 days equaling 16 Jan 2024
C. LF of 11001 less duration of 11001 equaling 16 Jan 2024
D. LF of 11001 less 25 days plus 1 day equaling 16 Jan 2024

Explanation:
Late Start Formula:
Late Start (LS) is calculated as LF−DurationLF - \text{Duration}LF−Duration. For Activity 11001: LF−25=16Jan2024LF - 25 = 16 Jan 2024LF−25=16Jan2024. Cross-Verification with PSP Guidelines:
This formula aligns with the PSP methodology for backward pass calculations, where late start is directly computed from late finish and duration values (Ref: PSP Study Guide, Chapter 2A: Schedule Analysis).

Exam Code: AACE-PSP
Q & A: 216 Q&As         Updated:  Oct 07,2026

 

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Review Key Concepts

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Identify Knowledge Gaps

Use your results and the provided explanations to find weaker areas and focus your study more effectively.

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Exam Code: AACE-PSP
Q & A: 216 Q&As
Updated:  Oct 07,2026

 

 Access Complete AACE-PSP Preparation Material