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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:

• Effective implementation of a plan results in a schedule.
• 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.
• 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.
• Recognize that the planning process is a dynamic process repeated throughout each phase of a program or project life cycle.

Objectives covered by this section:

INPUT & DATA

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

CONSIDERATIONS & CONSTRAINTS

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

2. Planning - PLANNING PRODUCT

Objectives covered by this section:

OUTPUT & DELIVERABLES

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

3. Scheduling - Schedule Development

Objectives covered by this section:

Input & Data

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

Creating Schedule

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

4. Scheduling - Schedule Maintenance & Controlling

Objectives covered by this section:

Maintain Schedule

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

Output and Deliverables

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

How to book the Planning & Scheduling Professional (PSP) Exam

Follow the steps mentioned below to book the Planning & Scheduling Professional (PSP) Exam:

• Step 1: Visit the AACE's website by clicking here
• Step 2: Create a new account or log in to an existing account
• Step 3: Select your professional exam
• Step 4: Complete the required course and take PSP practice test
• Step 5: Fill the application and submit all required documents
• Step 6: Schedule your exam by following the instructions on the website

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

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

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

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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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