AACE International Updated PSP Exam Questions and Answers by lainey

 Calculation of Productivity Loss:

Subtracting productivity during an impacted period from unimpacted productivity quantifies the reduction in efficiency or loss in productivity.

 PSP Study Guide References:

Productivity analysis includes evaluating impacted vs. unimpacted periods to assess losses​.

 Conclusion: The correct answer is C, as the difference represents productivity loss.

 Late Start Formula:

Late Start (LS) is calculated as LF−DurationLF - \text{Duration}LF−Duration.

For Activity 11001: LF−25=16Jan2024LF - 25 = 16 Jan 2024LF−25=16Jan2024.

 Cross-Verification with PSP Guidelines:

This formula aligns with the PSP methodology for backward pass calculations, where late start is directly computed from late finish and duration values (Ref: PSP Study Guide, Chapter 2A: Schedule Analysis).

 Owner’s total project cost is calculated by summing all direct and indirect costs, including any adjustments for delays or bonuses.

 Using the normal schedule, the provided cost aligns with $12,990,000 after applying standard rates and durations.

 References: PSP Study Guide, Section 1.3.10 – Cost Estimate Development, which highlights cost aggregation methods.