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
- Planning product
- Schedule maintenance and reporting
- Schedule development
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.
What is the duration, language, and format of the Planning & Scheduling Professional (PSP) Exam
- Duration of Exam: 5 hours
- Passing score: 70%
- Language of Exam: English
- Format: Multiple choice, compound, scenario questions + 1 memo writing assignment
- Total questions: 119
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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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.
AACE International AACE-PSP Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Conduct Planning Duties | 30% | - Resource planning and allocation - Planning standards, methodologies and best practices - Activity definition, sequencing and logical network development - Project scope definition and work breakdown structure - Activity duration estimating techniques |
| Conduct Scheduling Duties | 70% | - Schedule development and calculation (CPM, PDM, PERT) - Schedule compliance, validation and documentation - Schedule analysis, optimization and what-if scenarios - Resource-constrained scheduling and leveling - Schedule risk analysis and contingency planning - Schedule updating, progress measurement and forecasting |
| Communication Competency | - Written analysis and recommendation through memo assignment |
