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NEW QUESTION 28
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.
AACE-PSP-c0df806648f9eec02403a7cba858f0ff.jpg
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.
AACE-PSP-2da6ab07c8e9fce8b7b70ad3366a59bd.jpg
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?

  • A. $552,000.
  • B. $524,000.
  • C. $307,000.
  • D. $420,000.

Answer: A

 

NEW QUESTION 29
The work breakdown structure is used to organize

  • A. "Smart activity ID codes" representing similar items of scheduled work
  • B. Similar activity coding of schedule activities
  • C. The chart of accounts
  • D. The smallest defined work packet

Answer: D

 

NEW QUESTION 30
In the "normal" schedule, excluding Activity 1000, what activity(s) are concurrent with Activity 3001?
AACE-PSP-2da6ab07c8e9fce8b7b70ad3366a59bd.jpg

  • A. 2004.
  • B. 4001, 5001 and 6001.
  • C. 2003 and 7001.
  • D. 4001 and 5001.

Answer: D

 

NEW QUESTION 31
Which statement is true?

  • A. Where compensability cannot be established, excusability is assumed.
  • B. Where compensability cannot be established, excusability is a given.
  • C. Where compensability can be established, excusability is assumed.
  • D. Where compensability can be established, excusabltity cannot be assumed.

Answer: A

 

NEW QUESTION 32
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