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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:

• Schedule maintenance and reporting
• Planning development
• Schedule development
• 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.
• 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.
• Effective implementation of a plan results in a schedule.
• Understand the fundamental concepts of the planning process and its terminology.

Objectives covered by this section:

INPUT & DATA

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

CONSIDERATIONS & CONSTRAINTS

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

2. Planning - PLANNING PRODUCT

Objectives covered by this section:

OUTPUT & DELIVERABLES

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

3. Scheduling - Schedule Development

Objectives covered by this section:

Input & Data

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

Creating Schedule

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

4. Scheduling - Schedule Maintenance & Controlling

Objectives covered by this section:

Maintain Schedule

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

Output and Deliverables

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

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