AACE International Planning & Scheduling Professional (PSP) : AACE-PSP exam

Topics of Planning & Scheduling Professional (PSP) Exam

The Planning & Scheduling Professional (PSP) Exam consists of two main sections, Planning and Scheduling, each further broken down into two sub-sections. The core topics for each of the two sections are listed below. These contents are likely to be used for the examination. However, on any particular delivery of the test, other similar topics could also appear.

Applicants are recommended to use these contents and/or other resources including PSP exam dumps where possible to provide background information on the exam objectives. The syllabus for the Planning & Scheduling Professional (PSP) Exam is listed below with detail of each section and their topics:

1. Planning - PLANNING DEVELOPMENT

Learning Objectives:

• Scaling of the planning process must be appropriate and equally weighted to each phase of work to achieve a balanced and usable product.
• Understand the fundamental concepts of the planning process and its terminology.
• Recognize that the planning process is a dynamic process repeated throughout each phase of a program or project life cycle.
• Effective implementation of a plan results in a schedule.
• When conditions change, the planning process and deliverables should be examined and updated as necessary. The plan for one phase of a project offers a pattern for developing the plan or next phase of the project as well as the project as a whole.

Objectives covered by this section:

INPUT & DATA

• Change management
• Constructability Methods
• Contract types
• Delivery methods
• General and special conditions
• Identification of Stakeholders
• Contract Requirements

CONSIDERATIONS & CONSTRAINTS

• Project Variables
• Identification of Resources
• Value Engineering
• Stakeholder Consideration

2. Planning - PLANNING PRODUCT

Objectives covered by this section:

OUTPUT & DELIVERABLES

• Phase Definition
• Risk & Recovery Plan
• Review by Stakeholders
• Define the Project Plan
• Periodic Forecasts
• Define the Scope of Work
• Establish Work Breakdown Structure
• Sequencing & Phase Relationship
• Establish Organization Breakdown Structure
• Establish Cost Breakdown Structure
• Baseline Plan
• Define Project Goals
• Cost Estimate Development

3. Scheduling - Schedule Development

Objectives covered by this section:

Input & Data

• Cost estimation model
• Breakdown structure relationships
• Schedule specification
• Define Schedule and scope
• Feedback from stakeholders

Creating Schedule

• Constraints and calendars
• Types of schedule
• Durations
• Milestones
• Cost and resources
• Relationships
• Schedule basis documentation
• Activities
• Schedule quality analysis

4. Scheduling - Schedule Maintenance & Controlling

Objectives covered by this section:

Maintain Schedule

• Schedule maintenance feedback
• Baseline scheduling
• Schedule change management
• Tracking schedule progress
• Cost & resource management
• Acceleration

Output and Deliverables

• Management summary
• Constructability review
• Schedule analysis
• Variances and trends
• Schedule forecasts
• Recovery schedules
• Progress reports and reviews
• Control level schedules

Reference: https://web.aacei.org/certification/certification-information/certifications-offered/professional-certifications#PSP

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How to Prepare For Planning & Scheduling Professional (PSP) Exam

Preparation Guide for Planning & Scheduling Professional (PSP) Exam

Introduction

The Planning & Scheduling Professional PSP exam test is administered by AACE International, the Association for the Advancement of Cost Engineering. In 1956, during the organizational meeting of the American Association of Cost Engineering at the University of New Hampshire in Durham, New Hampshire, 59 cost estimators, and cost engineers founded AACE International (Association for the Advancement of Cost Engineering). The International Headquarters of AACE is based in Morgantown, West Virginia, USA. AACE is a specialized non-profit organization. The Board of the Council of Engineering and Technical Specialty Boards (CESB) is a member of AACE International.

AACE operates eight qualification programs at present. Both include the agreement and passing of an evaluation to adhere to a canon of ethics. Most require previous experience in the industry and may provide recertification through continuing education or reexamination. Six of these certifications are accredited by the Council of Engineering and Scientific Specialty Boards (CESB).

This exam guide is intended to aid in achieving AACE's specialty certification with the best possible grades. It will enable you to understand the scope of the Planning & Scheduling Professional (PSP) Exam and help you to prepare for it successfully by making use of the provided PSP exam dumps. This guide includes information on the certification test target audience, recommended preparation and documentation, and a full list of exam targets, all to help you obtain a passing grade. To increase your chances of passing the test, AACE strongly recommends a mix of on-the-job experience, course attendance, and self-study, and taking the PSP practice exams. This guide contains useful references for detailed knowledge.

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Introduction to Planning & Scheduling Professional (PSP) Exam

A PSP is a technical specialist in planning and scheduling with specialized experience in project planning and the production, tracking, updating, forecasting, and analysis of integrated project schedules. Under the AACE International Total Cost Management (TCM) system, the PSP leads the planning and scheduling process. A PSP can interact efficiently, both internal and external, with all project stakeholders.

In each of those chapters, the PSP Certification exam is divided into two main chapters (Planning and Scheduling) and two sections. A glimpse of all these sections could be found in the PSP exam dumps as well:

• Planning development
• Planning product
• Schedule maintenance and reporting
• Schedule development

Planning is the mechanism by which the length of the project task is added to the schedule is to define the project goals and the orderly tasks required to complete the project (the thought part) and not to be confused with scheduling.

Scheduling is a summary of when it is possible to complete each operation in a project and It must be finished to be done on schedule. The simplest of schedules displays the beginning and completion of operations of a given period in bar chart format. More complex schedules provide schedule logic, usually in CPM format, and display the critical path and floats associated with each operation. A time series of events and activities that reflect an operational timetable. The schedule describes the relative task start and end times and event occurrence times. On a calendar framework or on an elapsed time scale, a schedule can be presented.

The exam is administered through computer-based testing (CBT) and consists of questions of multiple choice and essay-style questions. This test is a closed book. Programmable or preprogrammed calculators are also allowed (including those with financial functions). See the PSP practice exams to understand the paper format. This exam provides a framework for formally evaluating the expertise and abilities of the person in a subject against generally agreed standards. It recognizes those who have demonstrated their experience and expertise in planning and scheduling.

AACE International AACE-PSP Exam Syllabus Topics: