Demo AACE International AACE-PSP Exam Questions

Demo practice questions for guest users.

Section: Practice Mode 12 Questions
Demo Practice
Question 1

A project team needs to identify cost items most sensitive to change. The best tool is: 

Correct Answer: A
Explanation:
Tornado diagrams rank cost variables by sensitivity impact. 
Question 2

A project sponsor requests a one-page summary with key cost risks. The estimator should provide:

Correct Answer: B
Explanation:
Executive dashboards present cost risks clearly for decision-makers. 
Question 3

The estimator includes expected inflation over the project duration. This adjustment is known as: 

Correct Answer: B
Explanation:
Escalation accounts for predicted inflationary cost increases over time. 

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