AACE International : AACE-PSP Questions & Answers

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How to Prepare For Planning & Scheduling Professional (PSP) Exam

Preparation Guide for Planning & Scheduling Professional (PSP) Exam

Introduction

The Planning & Scheduling Professional PSP exam test is administered by AACE International, the Association for the Advancement of Cost Engineering. In 1956, during the organizational meeting of the American Association of Cost Engineering at the University of New Hampshire in Durham, New Hampshire, 59 cost estimators, and cost engineers founded AACE International (Association for the Advancement of Cost Engineering). The International Headquarters of AACE is based in Morgantown, West Virginia, USA. AACE is a specialized non-profit organization. The Board of the Council of Engineering and Technical Specialty Boards (CESB) is a member of AACE International.

AACE operates eight qualification programs at present. Both include the agreement and passing of an evaluation to adhere to a canon of ethics. Most require previous experience in the industry and may provide recertification through continuing education or reexamination. Six of these certifications are accredited by the Council of Engineering and Scientific Specialty Boards (CESB).

This exam guide is intended to aid in achieving AACE's specialty certification with the best possible grades. It will enable you to understand the scope of the Planning & Scheduling Professional (PSP) Exam and help you to prepare for it successfully by making use of the provided PSP exam dumps. This guide includes information on the certification test target audience, recommended preparation and documentation, and a full list of exam targets, all to help you obtain a passing grade. To increase your chances of passing the test, AACE strongly recommends a mix of on-the-job experience, course attendance, and self-study, and taking the PSP practice exams. This guide contains useful references for detailed knowledge.

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:

• 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.
• Scaling of the planning process must be appropriate and equally weighted to each phase of work to achieve a balanced and usable product.
• Effective implementation of a plan results in a schedule.

Objectives covered by this section:

INPUT & DATA

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

CONSIDERATIONS & CONSTRAINTS

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

2. Planning - PLANNING PRODUCT

Objectives covered by this section:

OUTPUT & DELIVERABLES

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

3. Scheduling - Schedule Development

Objectives covered by this section:

Input & Data

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

Creating Schedule

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

4. Scheduling - Schedule Maintenance & Controlling

Objectives covered by this section:

Maintain Schedule

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

Output and Deliverables

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

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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

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

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Exam Contents

FAQs and Guide

AACE International AACE-PSP Exam Syllabus Topics: