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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Viva

3 months ago

Hmm, let me see... A, B, C, or D? Eenie, meenie, minie, moe, catch a tiger by the toe... Oops, sorry, wrong game. I'm going with C, the Petrochemical handbook. Sounds like the most reliable source to me.

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Carey

3 months ago

The cost estimate from the estimating department? Really? That's like asking the accounting team to design the plant. Option C is the clear winner.

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Christa

1 months ago

I see your point, but I still think option C is the best choice for this scenario.

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Kattie

1 months ago

Critical path schedules from similar completed projects could be helpful in determining work activity durations.

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Marleen

1 months ago

I think industry publications could also provide valuable insight into work activity durations.

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Shasta

1 months ago

I agree, option C seems like the most relevant resource for determining work activity durations.

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Percy

3 months ago

I'm going with B. Using your own previous experience with similar projects is the way to go. You know the real-world timelines better than any industry publication.

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Stephania

2 months ago

I would trust my own critical path schedules for similar projects.

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Ellsworth

2 months ago

I think industry publications could also provide valuable insights.

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Lucy

2 months ago

I agree, using past projects as a reference is key.

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Abel

3 months ago

The Petrochemical Industry New Plant Task Duration Handbook is the obvious choice here. It's a specialized resource that would provide the most accurate and relevant information for determining activity durations.

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