AACE International AACE-PSP Exam (page: 5)
AACE International Planning & Scheduling Professional (PSP)
Updated on: 15-Feb-2026

Viewing Page 5 of 25

Which of the following is NOT required when performing weekly or monthly schedule updates?

  1. Percent complete.
  2. Remaining duration of activities.
  3. Actual finish of activities.
  4. Original duration of activities.

Answer(s): B



Which of the following will always describe the critical path? The path with

  1. The longest duration through the network.
  2. Zero float.
  3. Negative float.
  4. The shortest duration and negative float.

Answer(s): B



Of the following update procedures, which is the least important in achieving an accurate forecast for completion of a construction schedule?

  1. Estimating remaining durations of activities.
  2. The correct recording of actual start dates.
  3. Making "downstream" logic revisions as required.
  4. Entering the time impacts of delays and change orders.

Answer(s): C



What method would be the best way to determine the most likely as-built critical path of a project that is underway, and the schedule of which has been partially progressed?

  1. Use the progressed portion of the critical path of all the updates previous to the current update.
  2. Use the progressed portion of the critical path of the baseline schedule.
  3. Interview the project personnel for their perceptions and opinions because the schedule is usually inadequate.
  4. Use the forward-looking critical path of the most current updates.

Answer(s): A



An earned value-based project control system can use either of which two budgets as the basis of its calculations?

  1. Labor hours or dollars.
  2. Direct or indirect cost.
  3. Earned or budgeted cost yearly.
  4. Linear feet or dollars.

Answer(s): A



Viewing Page 5 of 25



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