AACE International AACE-PSP valid exam dumps : Planning & Scheduling Professional (PSP) Exam

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Who should take the Planning & Scheduling Professional (PSP) Exam

This certification PSP exam test is intended for individuals with an advanced project planning experience and the production, tracking, updating, forecasting, and analysis of integrated project schedules. People who wish to be a part of AACE and lead the planning and scheduling process of their Total Cost Management framework are highly encouraged to take the exam. Before applying for this certification, applicants must have at least 8 years of related experience in the industry. Candidates with 4 years of industry experience can also apply for the exam if they have completed at least 4 years of a college degree in the same field in the past. For eligibility, applicants must adhere to AACE's Canons of Ethics.

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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:

• 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.
• 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.
• 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

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

CONSIDERATIONS & CONSTRAINTS

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

2. Planning - PLANNING PRODUCT

Objectives covered by this section:

OUTPUT & DELIVERABLES

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

3. Scheduling - Schedule Development

Objectives covered by this section:

Input & Data

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

Creating Schedule

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

4. Scheduling - Schedule Maintenance & Controlling

Objectives covered by this section:

Maintain Schedule

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

Output and Deliverables

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

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).

AACE International AACE-PSP Exam Syllabus Topics: