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Planning & Scheduling Professional (PSP) Exam

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Total Questions : 216

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Question # 1

Which of the following risks CANNOT be estimated by BILCO with only a resource-loaded schedule?

Options:

A.  

Delay due to SDOT's other projects

B.  

Delay due to labor shortage

C.  

Liquidated damages on the SDOT contract

D.  

Cost overruns due to cement shortage

Discussion 0
Question # 2

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

Discussion 0
Question # 3

Which of the following parties is NOT a stakeholder of the Spring Highway project?

Options:

A.  

ALPHA

B.  

GOUGE

C.  

BILCO

D.  

DEVCO

Discussion 0
Question # 4

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.

Discussion 0
Question # 5

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

Discussion 0
Question # 6

Theoretically construct a summary activity for activities 6001 through 6003. Identify the governing predecessor and successor activities for the hammock:

Options:

A.  

Predecessor is activity 5001, successor is activity 8001

B.  

Predecessor is activity 4001, successor is activity 8001

C.  

Predecessor is activity 9001, successor is activity 9002

D.  

Predecessor is activity 5001, successor is activity 8002

Discussion 0
Question # 7

The schedule or budget at completion less the estimate at completion is___________.

Options:

A.  

the schedule variance

B.  

the variance at completion

C.  

the cost variance

D.  

the profit or loss for the project

Discussion 0
Question # 8

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.

Discussion 0
Question # 9

Which of these letters, symbols or words best approximates the graphical shape of a project's cumulative BCWS?

Options:

A.  

/

B.  

Bell curve

C.  

S

D.  

_

Discussion 0
Question # 10

When should the Project Plan have incorporated the relevant interfaces and requirements of the project contract documents?

Options:

A.  

During the Bid Phase

B.  

Before the commercial decision to bid on the project

C.  

Af1er the award and before the NTP

D.  

After the NTP

Discussion 0
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