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Introduction to Planning & Scheduling Professional (PSP) Exam

A PSP is a technical specialist in planning and scheduling with specialized experience in project planning and the production, tracking, updating, forecasting, and analysis of integrated project schedules. Under the AACE International Total Cost Management (TCM) system, the PSP leads the planning and scheduling process. A PSP can interact efficiently, both internal and external, with all project stakeholders.

In each of those chapters, the PSP Certification exam is divided into two main chapters (Planning and Scheduling) and two sections. A glimpse of all these sections could be found in the PSP exam dumps as well:

• Planning development
• Schedule development
• Planning product
• Schedule maintenance and reporting

Planning is the mechanism by which the length of the project task is added to the schedule is to define the project goals and the orderly tasks required to complete the project (the thought part) and not to be confused with scheduling.

Scheduling is a summary of when it is possible to complete each operation in a project and It must be finished to be done on schedule. The simplest of schedules displays the beginning and completion of operations of a given period in bar chart format. More complex schedules provide schedule logic, usually in CPM format, and display the critical path and floats associated with each operation. A time series of events and activities that reflect an operational timetable. The schedule describes the relative task start and end times and event occurrence times. On a calendar framework or on an elapsed time scale, a schedule can be presented.

The exam is administered through computer-based testing (CBT) and consists of questions of multiple choice and essay-style questions. This test is a closed book. Programmable or preprogrammed calculators are also allowed (including those with financial functions). See the PSP practice exams to understand the paper format. This exam provides a framework for formally evaluating the expertise and abilities of the person in a subject against generally agreed standards. It recognizes those who have demonstrated their experience and expertise in planning and scheduling.

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:

• 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.
• Recognize that the planning process is a dynamic process repeated throughout each phase of a program or project life cycle.
• 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

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

CONSIDERATIONS & CONSTRAINTS

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

2. Planning - PLANNING PRODUCT

Objectives covered by this section:

OUTPUT & DELIVERABLES

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

3. Scheduling - Schedule Development

Objectives covered by this section:

Input & Data

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

Creating Schedule

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

4. Scheduling - Schedule Maintenance & Controlling

Objectives covered by this section:

Maintain Schedule

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

Output and Deliverables

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

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Only need to practice for 20 to 30 hours

You will get to know the valuable exam tips and the latest question types in our AACE-PSP certification training files, and there are special explanations for some difficult questions, which can help you to have a better understanding of the difficult questions. All of the questions we listed in our AACE-PSP practice exam materials are the key points for the IT exam, and there is no doubt that you can practice all of AACE-PSP best questions within 20 to 30 hours, even though the time you spend on it is very short, however the contents you have practiced are the quintessence for the IT exam. And of course, if you still have any misgivings, you can practice our AACE-PSP certification training files again and again, which may help you to get the highest score in the IT exam.