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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?
• Why is scheduling important?
• What is planning?
• What is a work breakdown structure (WBS) and how is it used?
• What is scheduling?
• Why is planning important?

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:

• Scaling of the planning process must be appropriate and equally weighted to each phase of work to achieve a balanced and usable product.
• 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.
• 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.
• Understand the fundamental concepts of the planning process and its terminology.

Objectives covered by this section:

INPUT & DATA

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

CONSIDERATIONS & CONSTRAINTS

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

2. Planning - PLANNING PRODUCT

Objectives covered by this section:

OUTPUT & DELIVERABLES

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

3. Scheduling - Schedule Development

Objectives covered by this section:

Input & Data

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

Creating Schedule

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

4. Scheduling - Schedule Maintenance & Controlling

Objectives covered by this section:

Maintain Schedule

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

Output and Deliverables

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

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Planning & Scheduling Professional (PSP) Exam Certification Path

The certification path for the Planning & Scheduling Professional (PSP) Exam consists only of this Planning & Scheduling Professional (PSP) Examination. The applicants must fulfill the eligibility criteria of having at least 8 years of industry experience only or 4 years of industry experience plus 4 years of a related degree from a college.

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

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