PDF Version DemoDifficulty in Writing Planning & Scheduling Professional (PSP) Exam
All exams can turn out to be very difficult if not well prepared. The main preparation material for the Planning & Scheduling Professional (PSP) Exam is the industry experience and related college degree as this is the prerequisite of the exam and is a must for an applicant as stated by AACE. Refer to the “How to study” section above to use the official resources to best prepare for the exam. One of the key problems faced by most candidates is to choose the right research materials for their exam preparation since they use the internet to find too much data that makes it difficult for them to trust, which would be helpful for them. PSP exam dumps pdf are designed in such a way to make better preparatory material. This exam can turn out to be a very difficult certification if not well prepared. We always recommend studying the PSP practice exam dumps before actually appearing for the exam. Applicants may, however, clear the exam with the right concentration and the right preparation material.
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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.
How to study the Planning & Scheduling Professional (PSP) Exam
In general, the education and professional experience of an applicant are the primary sources that prepare the person for the test. As mentioned in the eligibility criteria for the exam, the applicant must have at least 4 to 8 years of industry experience in the field which itself is preparatory material. There are, however, other ways to prepare for the test. AACE itself provides a distant learning opportunity through its website for which applicants can sign up. AACE conducts review sessions and annual meetings in which the participation of an applicant can prove to be very helpful as they will be able to participate and listen to discussions on the topics of planning and scheduling.
Participants must search for the answers to the following questions if they wish to prepare the best for the exam:
- What is a CPM schedule?
- What is planning?
- Why is planning important?
- What is a work breakdown structure (WBS) and how is it used?
- Why is scheduling important?
- What is scheduling?
Furthermore, PSP exam dumps pdf and PSP practice exams are available online, and students are highly encouraged to study those exam dumps as they are the best study materials. As always, We recommend a combination of hands-on experience, completion of the training course, and self-study in the areas described in the Exam Outline section of this exam guide as preparation for this exam. After all sorts of study, test your understanding by taking the PSP practice exams. Hover on to AACE's Website and take a look at study materials provided for the exam. Check for the topics mentioned in the Exam Outline section of this guide to review the online documentation, tip sheets, and user guides and study the details relevant to those topics. Refer to the links at the end of this document for more study material. For further exam self-study materials, refer to the links down below.
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.
- 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.
- 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.
Objectives covered by this section:
INPUT & DATA
- Contract types
- Constructability Methods
- General and special conditions
- Delivery methods
- Change management
- Contract Requirements
- Identification of Stakeholders
CONSIDERATIONS & CONSTRAINTS
- Stakeholder Consideration
- Identification of Resources
- Value Engineering
- Project Variables
2. Planning - PLANNING PRODUCT
Objectives covered by this section:
OUTPUT & DELIVERABLES
- Review by Stakeholders
- Cost Estimate Development
- Establish Cost Breakdown Structure
- Periodic Forecasts
- Define the Project Plan
- Phase Definition
- Baseline Plan
- Establish Work Breakdown Structure
- Define Project Goals
- Define the Scope of Work
- Risk & Recovery Plan
- Sequencing & Phase Relationship
- Establish Organization Breakdown Structure
3. Scheduling - Schedule Development
Objectives covered by this section:
Input & Data
- Feedback from stakeholders
- Breakdown structure relationships
- Schedule specification
- Define Schedule and scope
- Cost estimation model
Creating Schedule
- Constraints and calendars
- Durations
- Types of schedule
- Activities
- Cost and resources
- Relationships
- Schedule basis documentation
- Milestones
- Schedule quality analysis
4. Scheduling - Schedule Maintenance & Controlling
Objectives covered by this section:
Maintain Schedule
- Cost & resource management
- Acceleration
- Baseline scheduling
- Schedule maintenance feedback
- Schedule change management
- Tracking schedule progress
Output and Deliverables
- Variances and trends
- Constructability review
- Management summary
- Control level schedules
- Recovery schedules
- Progress reports and reviews
- Schedule analysis
- Schedule forecasts
AACE International AACE-PSP Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Practical Exercise | 24% | - Practical problem-solving in planning and scheduling |
| Basic Planning & Scheduling Knowledge | 47% | - Schedule Development Philosophy - Activity Types - Planning Considerations and Constraints - Planning Inputs and Data - Scheduling Inputs and Data - Planning Outputs and Deliverables - Control Accounts, Estimate and Baseline - Scope of Work, Project Goals, Project Plan and Phases - Work Breakdown Structure (WBS) - Organization Breakdown Structure (OBS) - Planning and Scheduling Fundamentals - Responsibility Assignment Matrix |
| Planning & Scheduling Applications | 29% | - Communication with project stakeholders - Developing, monitoring, updating, forecasting and analyzing integrated project schedules |
| Communication | - Memo writing assignment demonstrating professional communication skills |
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