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AACE International AACE-PSP Exam - Topic 1 Question 1 Discussion

Actual exam question for AACE International's AACE-PSP exam
Question #: 1
Topic #: 1
[All AACE-PSP Questions]

If Activity E's duration changes to 4 months, what is the overall duration of the project.

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Suggested Answer: B

by Jina at Mar 07, 2024, 10:32 PM

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Tawna
4 months ago
Really? 4 months change seems off to me.
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Kimbery
4 months ago
Totally with you on 21 months!
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Lettie
4 months ago
Wait, how did it go from 19 to 22 months?
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Aleshia
5 months ago
Definitely not, it's 20 months!
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Cassie
5 months ago
I think the new duration is 21 months.
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Rose
5 months ago
I think I saw a question like this where we had to adjust the critical path. If E is now 4 months, does that mean we just add it to the previous total?
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Haydee
5 months ago
I feel like the total duration might be around 21 months, but I can't recall the exact calculations we did in class.
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Ulysses
5 months ago
I'm not entirely sure, but I think if Activity E changes to 4 months, we need to look at how it impacts the other activities. Wasn't there a formula we used for this?
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Lashawn
6 months ago
I remember we practiced a similar question where changing one activity's duration affected the total project time. I think it was about adding the durations of the critical path.
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Sabrina
6 months ago
This should be straightforward. I'll double-check the activity dependencies, update the critical path, and then select the correct answer based on the new project duration.
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Caprice
6 months ago
I think I've got this. If Activity E's duration increases, that will push out the end date of the project. I just need to trace the critical path and add up the durations to find the new total.
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Fidelia
6 months ago
Wait, I'm a little confused. How do I know which activities are on the critical path? I'll have to review the diagram closely to figure that out.
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Kanisha
6 months ago
Hmm, this looks like a critical path analysis question. I'll need to carefully review the activity durations and dependencies to determine the overall project duration.
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Margarita
6 months ago
Okay, so Activity E's duration changed to 4 months. I'll need to recalculate the critical path and see how that affects the total project duration.
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Junita
6 months ago
Reinsurance is an important part of the Annual Statement, so I should know this. Let me review the schedules and see which one specifically covers reinsurance assumed and ceded.
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Lorita
6 months ago
Hmm, I'm a bit unsure about this one. The terms seem similar, but I'll try to break down the differences between them to figure out the right answer.
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Benton
6 months ago
This looks like a pretty straightforward question about service design and avoiding redundancy. I think the key is to identify the best way to centralize the logging functionality without disrupting the overall service architecture.
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Bette
6 months ago
This seems like a straightforward accounting change question. I'll need to carefully review the information provided and apply the relevant accounting standards to determine the appropriate adjustment to the beginning retained earnings balance.
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Nobuko
2 years ago
I'm not sure. Could it be 21 months instead?
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Lavonda
2 years ago
I agree with Cruz, because Activity E's duration changing to 4 months would still keep the overall duration at 20 months.
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Cruz
2 years ago
I think the overall duration would be 20 months if Activity E's duration changes to 4 months.
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Leeann
2 years ago
If Activity E's duration changes to 4 months, what is the overall duration of the project?
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My
2 years ago
I think changing Activity E to 4 months would affect the critical path, making the overall duration 20 months.
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Freeman
2 years ago
I agree with Reita, changing Activity E to 4 months would make the overall duration 20 months.
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Reita
2 years ago
If Activity E's duration changes to 4 months, the overall duration of the project will be 20 months.
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