Summer Special Sale - Limited Time 60% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: 575363r9

Welcome To DumpsPedia

PSP Sample Questions Answers

Questions 4

In an earned value-based system, a schedule performance index of less than one for the project indicates the project is:

Options:

A.

ahead of schedule

B.

on schedule

C.

complete

D.

behind schedule

Buy Now
Questions 5

The addition of which of the following relationships would cause a logic loop?

Options:

A.

O H - D

B.

O C - J

C.

O F-I

D.

O l-C

Buy Now
Questions 6

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.

Buy Now
Questions 7

Which of the following is NOT a tool or technique used to perform scope planning?

Options:

A.

Benefit cost analysis.

B.

Schedule performance indexing.

C.

Expert Judgment.

D.

Alternatives identification.

Buy Now
Questions 8

Scenario:

The entire network consists of the following activities and relationships. Activity A is twenty days long and is tied to Activity B, a ten-day activity, with a finish-to-finish tie with a lag value of five Activity B is tied to Activity C, a twenty-day activity, with a start-to-start relationship with a lag value of five.

PSP Activities Table

Scope Known about Rock-Filled Dam Project:

The dam requires river diversion and work over two or more rainy seasons. The contract is lump sum, competitively bid, and will be self-performed. The owner has attempted to shift all risk to the contractor by employing "no differing sit conditions" and "no damage for delay" clauses. There is a bonus/penalty provision of $2,500 per calendar day for early or late delivery. The early completion bonus is capped at $500,000, with no cap for late delivery penalty.

Liquidated damages end at the finish of demobilization. Indirect costs per calendar day are $2,800 for the "normal" schedule and $3,200 for the "crashed" schedule. The winter/wet weather season is 151 days between October 15 and March 25 of each year, reduces the efficiency of the contractor's operations by 20% and costs the contractor $10,000 per day. Assume a start date of March 5, 2001 and use a 7-day work week.

The following table lists work activities as planned by the contractor.

Theoretically construct a summary activity for only those activities with a finish-to-start relationship for Activities 8001 through 10001. Using the "normal" schedule, what is the cost of this hammock?

Options:

A.

$420,000.

B.

$307,000.

C.

$524,000.

D.

$552,000.

Buy Now
Questions 9

Using the "normal" schedule, given Activity 3001 and the relationship with Activity 4001, what is indicated?

Options:

A.

These activities are concurrent with Activity 4001 starting 15 days after the start of Activity 3001.

B.

These activities are concurrent with Activity 4001 starting 15 days earlier than the start of Activity 3001.

C.

The activities occur in series with a 15-day lag.

D.

The activities run concurrently.

Buy Now
Questions 10

The characteristic of the precedence diagramming method that models construction projects differently than the arrow diagramming method is that it____________.

Options:

A.

uses arrows to signify logic in a network

B.

allows more than one critical path to be represented

C.

can be used to calculate the late start and late finish of all activities

D.

allows multiple relationship types to be associated with activities

Buy Now
Questions 11

Budgeted cost of work scheduled is _______________________.

Options:

A.

The value of the completed work expressed in terms of the budget assigned to that work

B.

The total authorized budget for accomplishing the project scope

C.

The expected total cost of an activity, group of activities or the project

D.

The sum of all budgets for work scheduled to be accomplished within a given time period

Buy Now
Questions 12

If all other work proceeds according to the Baseline plan, how many times will the critical path change?

Options:

A.

2.

B.

1.

C.

Does not change.

D.

3.

Buy Now
Questions 13

For activity 11001. why would the crashed direct cost be greater than the direct cost of the normal schedule?

Options:

A.

Additional extended overhead is also being shown in this activity

B.

Some costs resulting from the crashed efforts were forgotten in previous activities

C.

Generally, more equipment is used for a crashed project; therefore, it costs more to demobilize

D.

Management bonuses for early completion were included in this activity

Buy Now
Questions 14

An early start constraint dictates

Options:

A.

An activity's remaining duration.

B.

The planned start of a successor activity

C.

The planned start of an activity.

D.

The actual start of an activity.

Buy Now
Questions 15

What is the relationship depicted between Activity G and Activity H?

Options:

A.

You cannot tell with the supplied information.

B.

Start-to-start.

C.

Finish-to-start.

D.

Finish-to-finish.

Buy Now
Questions 16

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?

Options:

A.

Industry publications.

B.

Critical path schedules prepared by you for similar completed projects.

C.

The Petrochemical Industry New Plant Task Duration Handbook.

D.

The cost estimate for the plant prepared by your firm's estimating department.

Buy Now
Questions 17

Time-scaled logic diagrams are

Options:

A.

Only calculated using a computer.

B.

The same as a pure-logic diagram.

C.

Used to calculate the most probable activity duration.

D.

Logic networks that are drawn to match the calendar.

Buy Now
Questions 18

If a detailed estimate is NOT available to assist in the formulation of activity durations but unit quantities have been identified, what information can be utilized to estimate work package/activity durations?

Options:

A.

The Eichleay formula

B.

Historical production rates

C.

Time impact analysis

D.

Black-Scholes model

Buy Now
Questions 19

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

Options:

A.

50

B.

20

C.

30

D.

40

Buy Now
Questions 20

When using a detailed estimate as the basis for work package/activity durations, which element does NOT need to be identified before the activity durations can be calculated?

Options:

A.

Projected crew size

B.

Estimated labor hours

C.

Hours in a standard work day

D.

Estimated cost

Buy Now
Questions 21

What does the narrow band at "Y" represent?

Options:

A.

Resource limitation period.

B.

A rework period.

C.

Activity inactivity.

D.

You cannot tell with the information supplied.

Buy Now
Questions 22

Determine the correct formula and date for the late finish for Activity 6002.

Options:

A.

LS of 6003 plus 1 day equaling 09 Mar 2023

B.

LS of 6003 less 1 day equaling 09 Mar 2022

C.

LS of 6003 less 1 day equaling 09 Mar 2023

D.

LS of 6003 plus 1 day equaling 09 Mar 2022

Buy Now
Questions 23

Project delays are best analyzed

Options:

A.

After either the contractor or the owner acknowledges ^responsibility for the delay.

B.

Contemporaneously with the delay.

C.

By an expert after the project is finished when complete records are available and the impact is known.

D.

Late in the project.

Buy Now
Questions 24

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

Options:

A.

Labor hours or dollars.

B.

Direct or indirect cost.

C.

Earned or budgeted cost yearly.

D.

Linear feet or dollars.

Buy Now
Questions 25

Management has determined the need to release the product 20 days earlier than planned. What tasks need to be expedited?

Options:

A.

Drafting and Proofing the Manual.

B.

Packaging only.

C.

Printing the Manual.

D.

Testing, Manufacturing and Packaging.

Buy Now
Questions 26

Assuming that you had only one crane capable of 30 lifts per day, 3 column pours requiring 28 lifts each, plus associated assorted work requiring an additional 150 lifts, what is the minimum planned working duration for this work?

Options:

A.

8 work days

B.

18 work days

C.

7 work days

D.

15 workdays

Buy Now
Questions 27

Why does activity 11001 not show successor activities?

Options:

A.

The early finish and late finish are circular

B.

It is the penultimate work required for the project

C.

The scheduler forgot to add the successor activities

D.

It is the final activity for the required work for the project

Buy Now
Questions 28

In analyzing a logical chain of activities in a critical path method (CPM) schedule, what do differing total float values within that chain typically indicate?

Options:

A.

The schedule has too much detail to reflect an accurate critical path.

B.

Different calendars are assigned to certain activities in the logical chain.

C.

The schedule is projecting an "early completion".

D.

Certain activities in the critical path have no successors.

Buy Now
Questions 29

Project schedules help control all of the following EXCEPT for_____________________.

Options:

A.

Quality

B.

Cost

C.

Resources

D.

Time

Buy Now
Questions 30

If Activity A was delayed 5 days from starting, which of the following adjustments will NOT maintain the completion date of Activity C at Day 40?

Options:

A.

Reduce the duration of 'A' from 20 days to 10 days and replace the relationship from B' to 'C with FSO.

B.

Replace the relationship from 'B’ to 'C’ with SSO

C.

Reduce the duration of B" from 10 days to 5 days by compressing work effort

Buy Now
Questions 31

Which of the following project planning situations is the most frequent contributor to cost overruns?

Options:

A.

lack of detailed planning for operational start-up

B.

Insufficient planning for change management

C.

Inappropriate definition of work breakdown structure

D.

Inadequate definition of scope at the estimate (budget) stage

Buy Now
Questions 32

A driving relationship is _____________________.

Options:

A.

A critical relationship.

B.

A finish-to-start relationship.

C.

The link between two related activities.

D.

The link between a predecessor and the activity whose dates it controls.

Buy Now
Questions 33

Which is NOT an industry-recognized methodology for quantifying critical delay?

Options:

A.

Gantt Chart.

B.

Periodic Windows.

C.

Collapsed As-Built.

D.

Time Impact.

Buy Now
Questions 34

The data date or status date of a schedule represents the:

Options:

A.

date the monthly update is performed

B.

date the project manager turns in the schedule update

C.

system date when the software calculates the update

D.

date on which progress is based

Buy Now
Questions 35

Is activity 7001 pictured correctly in the precedence diagram?

Options:

A.

No, the total float is not shown correctly.

B.

Yes, except the early finish date is not shown.

C.

No, the start-to-start and finish-to-finish relationships are backwards.

D.

Yes, the duration is 48 days.

Buy Now
Questions 36

Prior to the beginning work on Activity 6001, the scope is changed by executed change order to increase the activity duration by thirty days and rock fill by 100.000 cubic meters If the project has progressed as scheduled up to the point of the executed change order, what activities would be changed on the next project update?

Options:

A.

1001 and 6001

B.

1000. 1001. and 6001

C.

9001 and 6002 and 6002

D.

1000 and 6001

Buy Now
Questions 37

Using the normal schedule, given Activity 3001 and the relationship with Activity 4001. what is indicated?

Options:

A.

The activities are independent, with Activity 4001 starting 15 days earlier than the start

of Activity 5001

B.

These activities are partially concurrent, with Activity 4001 starting 15 days after the

start of Activity 3001

C.

These activities are sequential, with Activity 4001 starting 15 days earlier than the start of Activity 3001.

Buy Now
Questions 38

How could the structural steel drawing delay have been prevented?

Options:

A.

Add a time buffer at the end of structural steel activities.

B.

Allow adequate time for review and resubmittal in the baseline schedule.

C.

Release the structural steel for fabrication concurrent with review of structural steel shop drawings.

D.

Switch to post-tensioned concrete construction.

Buy Now
Questions 39

Which of the following statements is true?

Options:

A.

In the absence of contrary contractual language network float, as opposed to project float, there is a shared commodity between the owner and contractor

B.

In the absence of a contrary contractual language total float, as opposed to free float, there is a commodity belonging to the contractor

C.

In the absence of contrary contractual language total float, as opposed to tree float, there is a commodity belonging to the owner

D.

In the absence of contrary contractual language free float, as opposed to project float, there is not a shared commodity between the owner and the contractor

Buy Now
Questions 40

What is a key first step in developing a critical path method schedule?

Options:

A.

Drawing a bar chart of the key phrases of the work.

B.

Defining the execution plan to meet the required scope of work.

C.

Setting out the resource to be used and its limitations.

D.

Drawing the logic diagram.

Buy Now
Questions 41

Determine the correct formula and date for the late start for Activity 9001.

Options:

A.

The early finish is required in order to determine the answer.

B.

LS.6001 Dur.6001 -> 11-20-02.

C.

There is insufficient data provided to calculate the answer.

D.

LF.9001 Dur.9001 -> 11-20-02.

Buy Now
Questions 42

At a minimum, periodic reporting must be done at what interval?

Options:

A.

Monthly.

B.

As requested by the project manager.

C.

As requested by the owner.

D.

As specified in the contract documents.

Buy Now
Questions 43

In its simplest form, what is the main drawback of critical path method scheduling?

Options:

A.

It requires a backward pass to calculate late dates.

B.

It assumes that resources are unlimited.

C.

It doesn't account for interdependent between activities.

D.

It allows for Precedence Diagramming Method to be used in place of Arrow Diagramming Method.

Buy Now
Questions 44

Assumptions made during the planning stage should be_____________.

Options:

A.

a risk that is shifted to the implemented in the field

B.

replaced with facts as soon as they are known

C.

solely based on a solid experiential database

D.

clearly stated as such in an internal memo

Buy Now
Questions 45

When reconstructing a CPM schedule electronically from a hardcopy, which of the following is NOT required to determine the critical path?

Options:

A.

Detailed listing of working days for each calendar used

B.

Predecessor and successor listing with logic type and lag duration, preferably sorted by activity ID

C.

Assigned party responsibility for each work task

D.

Tabular listing of activities showing duration, calendar ID, early and late dates

Buy Now
Questions 46

Using the "normal" schedule, if you start Activity 7001 on April 1, 2002, and using a 5-day workweek, what the finish date for Activity 7001?

Options:

A.

06-11-02.

B.

06-04-02.

C.

06-18-02.

D.

06-05-02.

Buy Now
Questions 47

What changes to logic would eliminate Activity B from the critical path?

Options:

A.

Replace the relationship from Activity B to Activity C with SSO

B.

Reduce the lag value of the relationship from Activity A to Activity B from 5 to 0

C.

Add a SS 15 relationship from Activity A to Activity B and replace the relationship from Activity A to Activity B with FFO

D.

Replace the relationship from Activity A to Activity B with FFO and add an FSO relationship from Activity A to Activity C

Buy Now
Questions 48

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?

Options:

A.

A start-to-start relationship with a ten-day lag assigned to activity 6001; activity 6002 will be dependent on activity 6001

B.

A start-to-start to relationship for both activities 6001 and 6002 with a ten-day lag assigned to activity 6002.

C.

A start-to-finish relationship with both activities 6001 and 6002 having a ten-day lag

D.

A finish-to-start relationship with a ten-day lag assigned to activity 6002; activity 6001 will be dependent on activity 6002

Buy Now
Exam Code: PSP
Exam Name: Planning & Scheduling Professional (PSP) Exam
Last Update: Sep 17, 2025
Questions: 163
$66  $164.99
$50  $124.99
$42  $104.99
buy now PSP