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AACE International PSP Practice Test Questions Answers

Exam Code: PSP (Updated 163 Q&As with Explanation)
Exam Name: Planning & Scheduling Professional (PSP) Exam
Last Update: 03-Sep-2025
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Questions Include:

  • Single Choice: 162 Q&A's
  • Fill in the Blanks: 1 Q&A's

  • PSP Overview

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    PSP Questions and Answers

    Question # 1

    The expected remaining cost needed to complete an activity, group of activities or the project is the____________.

    A.

    Budget at completion (BAC)

    B.

    Budgeted cost of work performed (BCWP)

    C.

    Estimate to complete (ETC)

    D.

    Estimate at completion (EAC)

    Question # 2

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

    A.

    O H - D

    B.

    O C - J

    C.

    O F-I

    D.

    O l-C

    Question # 3

    What is the primary difference between the arrow diagramming method (ADM) and the precedence diagramming method (PDM)?

    A.

    ADM is limited to finish-to-start logic relationships, while PDM is not.

    B.

    PDM is a bar chart with network logic, while ADM is a pure logic network.

    C.

    ADM is manual CPM calculations, while PDM is computerized.

    D.

    ADM uses arrows, while PDM uses boxes.

    Question # 4

    Which of the following is NOT input data to the construction planning process?

    A.

    Input from the owner

    B.

    The contract

    C.

    Bonding capacity of subcontractors

    D.

    Input from the contractor

    Question # 5

    Assuming conventional finish-to-start relationships, to calculate a schedule retaining the existing logic means that

    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.

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