Free Test Prep AACE-PSP Exam Questions

Become Test Prep Certified with updated AACE-PSP exam questions and correct answers

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Total 220 Questions | Updated On: Jan 27, 2026

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Question 1

During proofing of the product manual, a problem was discovered requiring 15 days additional time to affect a correction. How can the date of availability be maintained?

A : Expedite Draft Product Manual by 5 days

B : Delay Release for Manufacture by 5 days

C : Delay Manufacture Product by 5 days

D : Expedite Package Product by 5 days

Answer: A

Question 2

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

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

Answer: B

Question 3

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

A : LS.10002 + 1 day -> 11-29-03.

B : LS.10002^ Lag.7 + i day -> 11-20-03.

C : LS.10002 - 1 day -> 11-27-03.

D : LS.10002 - Lag.7 - l day -> 11-20-03.

Answer: B

Question 4

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

A : ALPHA

B : GOUGE

C : BILCO

D : DEVCO

Answer: B

Question 5

Which of the following statements is true?

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

Answer: A

Page: 1 / 44

Total 220 Questions | Updated On: Jan 27, 2026

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