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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.

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Exam Contents

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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.
• 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.
• 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

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

CONSIDERATIONS & CONSTRAINTS

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

2. Planning - PLANNING PRODUCT

Objectives covered by this section:

OUTPUT & DELIVERABLES

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

3. Scheduling - Schedule Development

Objectives covered by this section:

Input & Data

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

Creating Schedule

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

4. Scheduling - Schedule Maintenance & Controlling

Objectives covered by this section:

Maintain Schedule

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

Output and Deliverables

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

AACE International AACE-PSP Exam Overview:

AACE International AACE-PSP Exam Syllabus Topics:

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