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AACE CST Primer Exam Questions with 100% Correct Answers | Verified | Latest Update
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AACE CST Primer Exam Questions with 100% Correct Answers | Verified | Latest Update
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AACE CST Primer Exam Questions with 100% Correct Answers | Verified | Latest UpdateWork Breakdown Structure [WBS] - Correct Answer-hierarchy division of the work scope elements of a project
to be performed.
Function of WBS - Correct Answer-to divide the scope of work into manageable parts that correspond to key deliverables, phases, or milestones with the intent to avoid the omission of key elements and assist in the communication of cost, schedule, quality, and resource performance data to stakeholders.
Schedule Specification states - Correct Answer-- Planning and scheduling requirements and purposes
- Level of detail required
- Reporting periods and capabilities
- Minimum and mandatory scheduling tools
- Initial schedule development, submission, phasing and milestone - Changes
- Claims and disputes
- Scheduler experience and qualification
- Requirements that the owner owner-client deems appropriate for specific projects
Purpose of Scheduling Specification is to identify minimum requirements for - Correct Answer-o Key milestones and overall contract duration.
o Required phasing and sequencing.
o Contractor's plan, means and methods.
o Cost and resource loading and reporting.
o Subcontractor and supplier integration.
o Plan and schedule basis documentation.
o Owner and client requirements, such as goals and objectives, ability to monitor the contractor, and control required when progress fails to meet contractual milestones
and requirements.
o Schedule types and levels to be used and maintained.
o Reporting requirements: levels, frequencies, and formats. And,
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