PDF Version DemoTopics 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:
- Effective implementation of a plan results in a schedule.
- Recognize that the planning process is a dynamic process repeated throughout each phase of a program or project life cycle.
- Understand the fundamental concepts of the planning process and its terminology.
- Scaling of the planning process must be appropriate and equally weighted to each phase of work to achieve a balanced and usable product.
- 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
- General and special conditions
- Contract types
- Contract Requirements
- Change management
- Delivery methods
- Identification of Stakeholders
- Constructability Methods
CONSIDERATIONS & CONSTRAINTS
- Identification of Resources
- Value Engineering
- Project Variables
- Stakeholder Consideration
2. Planning - PLANNING PRODUCT
Objectives covered by this section:
OUTPUT & DELIVERABLES
- Phase Definition
- Risk & Recovery Plan
- Cost Estimate Development
- Establish Work Breakdown Structure
- Sequencing & Phase Relationship
- Periodic Forecasts
- Establish Cost Breakdown Structure
- Establish Organization Breakdown Structure
- Define the Scope of Work
- Define Project Goals
- Review by Stakeholders
- Baseline Plan
- Define the Project Plan
3. Scheduling - Schedule Development
Objectives covered by this section:
Input & Data
- Cost estimation model
- Breakdown structure relationships
- Define Schedule and scope
- Feedback from stakeholders
- Schedule specification
Creating Schedule
- Schedule quality analysis
- Cost and resources
- Durations
- Activities
- Types of schedule
- Constraints and calendars
- Schedule basis documentation
- Milestones
- Relationships
4. Scheduling - Schedule Maintenance & Controlling
Objectives covered by this section:
Maintain Schedule
- Tracking schedule progress
- Schedule maintenance feedback
- Acceleration
- Schedule change management
- Baseline scheduling
- Cost & resource management
Output and Deliverables
- Management summary
- Variances and trends
- Schedule forecasts
- Recovery schedules
- Progress reports and reviews
- Constructability review
- Control level schedules
- Schedule analysis
How much Planning & Scheduling Professional (PSP) Exam Cost
The cost of this exam differs according to the region from where you are applying from and the exact amount of the exam will be available when you complete the application at AACE's website and proceed to the payment section. Roughly speaking, it costs around USD 200. Hover on to the official website of AACE by clicking Apply now button from this website and choose your region for more pricing information. Other costs may also incur like buying the PSP exam dumps and then practicing for the exam via the PSP practice exams. If you have an AACE membership or you do apply for one, the certifications will be offered to you at discounted prices.
The benefit of obtaining the Planning & Scheduling Professional (PSP) Exam Certification
Certifications offered by the Association for the Advancement of Cost Engineering (AACE) have been a mark of distinction for more than thirty years, and more and more employers are requiring these certifications as a prerequisite for jobs. PSP is one of AACE's commonly recognized qualifications that cover subjects related to the preparation and scheduling of projects. Obtaining an AACE qualification also leads to greater peer acceptance and increases job and income prospects.
While a licensed professional engineer is usually considered “certified” in any field in which he or she works (imposing self-discipline to not “practice outside one's areas of expertise”), for both licensed engineers and unlicensed technicians, the national mood is to require certification in specialty disciplines. A welcome response to the increased power of our software tools in education and training in theory as well as practice and qualification regulated by our professional societies, such as AACE (with the PSP exam noted above and PMI (with the PMI-SP exam).
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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.
AACE International AACE-PSP Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Basic Planning & Scheduling Knowledge | 47% | - Work Breakdown Structure (WBS) - Planning Inputs and Data - Control Accounts, Estimate and Baseline - Schedule Development Philosophy - Planning and Scheduling Fundamentals - Scheduling Inputs and Data - Planning Outputs and Deliverables - Responsibility Assignment Matrix - Scope of Work, Project Goals, Project Plan and Phases - Activity Types - Organization Breakdown Structure (OBS) - Planning Considerations and Constraints |
| Topic 2: Planning & Scheduling Applications | 29% | - Developing, monitoring, updating, forecasting and analyzing integrated project schedules - Communication with project stakeholders |
| Topic 3: Practical Exercise | 24% | - Practical problem-solving in planning and scheduling |
| Topic 4: Communication | - Memo writing assignment demonstrating professional communication skills |
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