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AACE International AACE-PSP Exam - Topic 1 Question 53 Discussion

Posted by Helene on Jun 16, 2026 at 02:57 AM

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

Suggested Answer: D

Cost for 2000 Series Activities:

Activity 2001: $150,000.

Activity 2002: $25,000.

Activity 2003: $18,000.

Activity 2004: $96,000.

Total: 150,000+25,000+18,000+96,000=289,000150,000 + 25,000 + 18,000 + 96,000 = 289,000150,000+25,000+18,000+96,000=289,000.

Total Project Cost:

Total cost: $7,308,000 (sum of all activities in 'normal' schedule).

Percentage Contribution:

289,0007,308,0001003.95%frac{289,000}{7,308,000} times 100 approx 3.95%7,308,000289,0001003.95%.

Verification with PSP Guidelines: The PSP Study Guide emphasizes accuracy in percentage-based cost contributions as a critical analysis tool in project cost management (Ref: PSP Study Guide, Chapter 1B: Cost Breakdown Structure).


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12 comments · newest first
JO
Joni 2 months ago
I’m leaning towards C) 23%. It feels like a bigger chunk.
DA
Daren 2 months ago
I feel like it's B) 2.2%. The numbers look low.
AN
Andrew 2 months ago
I think it's A) 3.3%. Seems reasonable.
CL
Clarence 3 months ago
C) 23% seems way too high.
SC
Scarlet 3 months ago
I totally agree with A!
SH
Shaun 3 months ago
Wait, is it really that low?
GL
Glendora 3 months ago
Definitely B) 2.2%.
TR
Tresa 3 months ago
I think it's A) 3.3%.
AR
Armanda 3 months ago
I feel like I should know this, but I keep second-guessing myself on how to break down the costs accurately.
BI
Billye 4 months ago
I practiced a question like this last week, and I think the answer was around 23%, but I could be mixing it up with another problem.
RI
Rickie 4 months ago
I think the 2000 series might be a smaller portion of the total, but I'm not sure if it’s closer to 3.3% or 2.2%.
SH
Shelton 4 months ago
I remember we did a similar question in class about calculating percentages from total costs, but I can't recall the exact formula we used.
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