AACE International Exam AACE-PSP Topic 3 Question 20 Discussion

Actual exam question for AACE International's AACE-PSP exam

Question #: 20
Topic #: 3

You are developing a detailed critical path schedule for a proposed petrochemical plant. The schedule will become a part of the project baseline document, which will be sent to the company's board of directors for its consideration. What document or resource is likely to be MOST valuable in determining the schedule's work activity durations?

AIndustry publications.

BCritical path schedules prepared by you for similar completed projects.

CThe Petrochemical Industry New Plant Task Duration Handbook.

DThe cost estimate for the plant prepared by your firm's estimating department.

Show Suggested Answer

Suggested Answer: B

by Glendora at Sep 07, 2024, 07:17 AM

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Janine

8 days ago

But wouldn't D) The cost estimate for the plant also be important in determining work activity durations?

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Odette

10 days ago

I agree with Cheryll. Using past project data can help us estimate work activity durations more accurately.

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Cheryll

13 days ago

I think B) Critical path schedules prepared by you for similar completed projects would be most valuable.

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