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Total 163 questions

Planning & Scheduling Professional (PSP) Exam Questions and Answers

Question 1

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

Options:

A.

ALPHA

B.

GOUGE. Inc

C.

BILCO

D.

SDOT

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Question 2

You are retained by a contractor who asks you to perform a simple as-planned versus as-built analysis (APAB) of a large hydro-electric dam project that took more than five years to complete. Your analysis will form the basis of a change order that requests a time extension. You suggest using a different methodology for quantifying the delay. Which of the following reasons for recommending a different analysis does NOT apply to a simple APAB analysis?

Options:

A.

Not suitable for complicated projects with multiple planned critical paths.

B.

Accuracy is increased by inserting delaying events into the as-planned schedule.

C.

Not suitable for projects with long durations.

D.

Less accurate as the analysis advances through the project.

Question 3

If a new hammock activity covering activities 6001 through 6003 is developed, what are governing predecessor and successor activities?

Options:

A.

Predecessor is Activity 4001. successor is Activity 9004

B.

Predecessor is Activity 8001, successor is Activity 5001

C.

Predecessor is Activity 5001, successor is Activity 8001

D.

Predecessor is Activity 4001, successor is Activity 9003

Question 4

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

Question 5

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.

Question 6

What does the heavy, vertical line at "X" represent?

Options:

A.

Delay fault line.

B.

The status or data date.

C.

Change-over limits.

D.

International Date Line.

Question 7

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.

Question 8

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.

Question 9

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

Question 10

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.

Question 11

Which of the following are NOT normally included in the project scope statement, either directly or by reference?

Options:

A.

Project objectives in terms of cost, schedule and quality measures

B.

Project contract between the contractor and owner

C.

Project justification

D.

Project deliverables

Question 12

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

Question 13

When resource leveling craft labor for a critical path schedule, the scheduler

Options:

A.

Must consider breaks in continuity of work for subcontractors, thereby possibly incurring additional subcontractor mobilization and demobilization costs.

B.

Can depend on the results of the resource leveling operation to reflect a useful realignment of all schedule activities without 'further analysis.

C.

Need not consider its effects, as it is a theoretical concept with limited application to construction projects.

D.

Need only consider the non-union crafts persons.

Question 14

Assuming activities 2001 through 2004 comprise the same WBS element, construct a WBS summary activity for activities 2001 through 2004. Use the normal schedule, what is the cost of the activity?

Options:

A.

$289.000

B.

$321.000

C.

$193,000

D.

$327,000

Question 15

Which activity is drawn in the incorrect position?

Options:

A.

Activity G.

B.

Activity E.

C.

Activity C.

D.

Activity D.

Question 16

Determine the correct formula and date for the late finish for Activity 2002.

Options:

A.

LS.2003 - 1 day -> 11.06.01.

B.

LS.2003 - 1 day -> 10-06-01.

C.

LS.2003 + 1 day -> 10-07-01.

D.

LS.2003 - 1 day -> 10-05-01.

Question 17

If the administrative constraints for developing the precedence diagram, as provided in the contract documents, indicate that no individual construction activities shall have a longer duration of two months, how many activities in the "normal" schedule would be affected?

Options:

A.

12.

B.

14.

C.

13.

D.

Cannot be determined.

Question 18

If a cost estimate assumes that 240 hours will be expended on a given activity, and the projected crew size expected to perform that activity is 5 personnel working and 8-hour workday, what is the calculated duration for the activity?

Options:

A.

8 days

B.

6 days

C.

4 days

D.

5 days

Question 19

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

Options:

A.

ALPHA

B.

GOUGE

C.

BILCO

D.

DEVCO

Question 20

Determine the correct formula and date for the late finish for Activity 9004.

Options:

A.

LF of 10002 less 24 days

B.

LS of 9004 plus 72 days

C.

LF of 8001 plus 72 days

D.

LS of 10002 less lag of 7 days plus 1 day equaling 20 Nov 2023

Question 21

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.

Question 22

Background

Your name is Evan Marshal. You are the corporate scheduler for Happy Insurance Corporation (HIC), a general health insurance company located in Ridgemond, Illinois. HIC is very busy with 49 unique software development projects. The organization structure at HIC gives the project scheduling responsibility to the Project Manager assigned to each project. You are charged with coordination of the project schedules into a Master Schedule and quality control for scheduling on the individual development projects. You report directly to the Director of Information Services (DIS), Desmond Rayburn.

It has come to your attention Project JP-114 has fallen behind schedule and Rita Belateau, the Project Manager, wants to accelerate the project in order to reclaim lost time. Rita is a strong supporter of Total Quality Management and strives for zero failures; therefore she is assessing the need for overtime for resources assigned to an activity that is not projecting a completion prior to the early finish depicted in the current schedule.

You and Rita review the current schedule to identify which activities are on the critical path and which activities have plenty of float. The review reveals several activities have suffered less than planned productivity and have contributed to falling behind. In the process of this review, you and Rita also review the budget for Project JP-114 and notice not only the schedule has fallen behind but the cost to date is more than she had expected. To total budget is $150,000, planned to date is $30,000; expended to date is $37,000.

With nine months remaining until baseline contract completion, Rita needs to bring Project JP-114 back on track; knowing overtime for an extended period of time is not always the right answer, especially with the cost to date already over planned.

In order to truly understand the options available to help remedy the current situation, you and Rita brainstorm on several potential courses of action. All the potential courses of action will require an evaluation of budget impact versus schedule correction.

1. Pull the project team together and ensure everyone understands which activities are on the critical path. Rita would like to use the existing project team and focus them on these critical path activities, laying out a plan for periodic overtime when needed to crunch through a deliverable. This approach could add approximately 20% to the budget.

2. Outsource various modules of activities to qualified and known consultants. This could drive up the costs and must be evaluated before implemented. Having an outside source working in parallel with the project team could also accelerate the schedule to mitigate some of the delays, as well as keep overtime down to a minimum for the project team. Potentially this could add as much as 40% to the budget, but could also be very productive schedule wise.

3. Mandatory overtime for the project team - entire project goes on a 50-hour work week. If the entire project team works overtime for an extended period of time, the budget could see an additional 60% increase.

4. The project continues as is completes the project late and accepts the penalties imposed. Penalties imposed for late delivery could add as much as 50% to the budget.

Assignment

Draft a proper memorandum to Desmond Raybum, IS Director, explaining in your own words:

a. the current problem and potential impact(s);

b. each course of action, stating advantages and disadvantages as appropriate;

c. your recommendations, properly supported.

Please be sure to include the rationale for your recommendations. Be sure to summarize your thoughts and address (To, From, Date, and Subject/Project Name) and close the memo appropriately. If you are uncomfortable with the courses of action noted, provide your own with appropriate substantiation for your position. Limit your answer to one, full typewritten page (roughly three handwritten pages).

While your email can be a detailed as you like, be sure to write sufficiently to address each element of the assignment, yet not so long that you go beyond the scope of the exercise.

Take time to read the problem and consider what you want Evan to say. Good luck!

Options:

Question 23

Which of the following phases does NOT describe the commonly accepted construction life cycle?

Options:

A.

Claims and disputes phase.

B.

Installation phase.

C.

Planning and design phase.

D.

Turnover and start-up phase.

Question 24

Based on the stated costs, what percentage of the total cost comes from the 2000 series of activities?

Options:

A.

3.9% (1 : 25.708)

B.

2.3% (1 : 43.501).

C.

9.1% (1 : 11.000).

D.

8.6% (1 : 11.591)

Question 25

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.

Question 26

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

Question 27

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

Options:

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

Question 28

How much Total Float does drafting the product manual have?

Options:

A.

15 workdays.

B.

0 workdays.

C.

10 workdays.

D.

5 workdays.

Question 29

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

Question 30

In a "crashed" schedule, which is a chain of activities that precede activity 2004?

Options:

A.

1001, 2001, 2002, 2003

B.

2001, 2002, 2003, 2007

C.

1001, 2002, 2003

D.

1001, 2002, 2002, 2003, 3001

Question 31

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

Question 32

These are the activities on the critical path:

Options:

A.

A, D, & I.

B.

A, C, E, & H.

C.

A, B, G, & H.

D.

A, B, F, & J

Question 33

Resource planning must take all of the following into account except for:

Options:

A.

Types of materials, equipment and labor skills required to complete the project.

B.

Earned value techniques established for the project.

C.

Time available to complete the project.

D.

Cash flow (expenditure) limitations for completing work on the project.

Question 34

At the end of month one, did the delay to the parking structure foundation delay the project?

Options:

A.

NO.

B.

Yes, by 4 calendar days.

C.

Yes, by 14 calendar days.

D.

Yes, by 9 calendar days.

Question 35

There is only enough room for a maximum of 4 cranes to be placed on-site. Assuming that a single crane can perform 35 lifts per day and that a column pour requires 60 lifts, what is the minimum number of tower cranes that should be used for the above described column pours?

Options:

A.

2 cranes

B.

1 crane

C.

4 cranes

D.

3 cranes

Question 36

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

Question 37

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 GOUGE.

D.

The distance of SUBCO to your project

Question 38

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

Question 39

Which of the following is NOT true?

Options:

A.

Remaining durations can exceed original durations.

B.

Constraints can interfere with the longest path calculation.

C.

Multiple calendars can affect the total float calculation.

D.

A network must contain only one Critical Path.

Question 40

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.

Question 41

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.

Question 42

Using the normal schedule and excluding general conditions, which activities are NOT on the critical path?

Options:

A.

6001, 8001, 9001. 9002, 9004. 9005

B.

7001, 8001, 9001. 9003. 9004. 10002

C.

5001,7001.8001,9001,9004,9005

D.

2003,8001.9001.9002,9005,10001

Question 43

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

Question 44

Assuming a total of 30 lifts per crane per day, what is the maximum number of lifts that could be accomplished using 3 small tower cranes over a 5-day period?

Options:

A.

450 lifts

B.

300 lifts

C.

45 lifts

D.

150 lifts

Question 45

What is the workweek period for this project?

Options:

A.

Monday through Friday

B.

Sunday through Friday

C.

Monday through Saturday

D.

Sunday through Saturday

Question 46

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.

Question 47

In the "normal" schedule, excluding Activity 1000, what activity(s) are concurrent with Activity 3001?

Options:

A.

2003 and 7001.

B.

2004.

C.

4001, 5001 and 6001.

D.

4001 and 5001.

Question 48

Identify the late finish to develop plans and specs.

Options:

A.

9 months.

B.

10 months.

C.

8 months.

D.

7 months.

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Total 163 questions