Who should take the Planning & Scheduling Professional (PSP) Exam

This certification PSP exam test is intended for individuals with an advanced project planning experience and the production, tracking, updating, forecasting, and analysis of integrated project schedules. People who wish to be a part of AACE and lead the planning and scheduling process of their Total Cost Management framework are highly encouraged to take the exam. Before applying for this certification, applicants must have at least 8 years of related experience in the industry. Candidates with 4 years of industry experience can also apply for the exam if they have completed at least 4 years of a college degree in the same field in the past. For eligibility, applicants must adhere to AACE's Canons of Ethics.

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

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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:

• 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.
• 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.
• Scaling of the planning process must be appropriate and equally weighted to each phase of work to achieve a balanced and usable product.
• Effective implementation of a plan results in a schedule.

Objectives covered by this section:

INPUT & DATA

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

CONSIDERATIONS & CONSTRAINTS

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

2. Planning - PLANNING PRODUCT

Objectives covered by this section:

OUTPUT & DELIVERABLES

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

3. Scheduling - Schedule Development

Objectives covered by this section:

Input & Data

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

Creating Schedule

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

4. Scheduling - Schedule Maintenance & Controlling

Objectives covered by this section:

Maintain Schedule

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

Output and Deliverables

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

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What is the duration, language, and format of the Planning & Scheduling Professional (PSP) Exam

• Total questions: 119
• Language of Exam: English
• Format: Multiple choice, compound, scenario questions + 1 memo writing assignment
• Passing score: 70%
• Duration of Exam: 5 hours

AACE International AACE-PSP Exam Syllabus Topics: