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Difficulty 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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AACE International AACE-PSP Exam Syllabus Topics:

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

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
• Schedule maintenance and reporting
• Planning product

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.

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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.
• 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.
• 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

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

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

3. Scheduling - Schedule Development

Objectives covered by this section:

Input & Data

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

Creating Schedule

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

4. Scheduling - Schedule Maintenance & Controlling

Objectives covered by this section:

Maintain Schedule

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

Output and Deliverables

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

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