How much Planning & Scheduling Professional (PSP) Exam Cost

The cost of this exam differs according to the region from where you are applying from and the exact amount of the exam will be available when you complete the application at AACE's website and proceed to the payment section. Roughly speaking, it costs around USD 200. Hover on to the official website of AACE by clicking Apply now button from this website and choose your region for more pricing information. Other costs may also incur like buying the PSP exam dumps and then practicing for the exam via the PSP practice exams. If you have an AACE membership or you do apply for one, the certifications will be offered to you at discounted prices.

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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:

• Effective implementation of a plan results in a schedule.
• 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.

Objectives covered by this section:

INPUT & DATA

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

CONSIDERATIONS & CONSTRAINTS

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

2. Planning - PLANNING PRODUCT

Objectives covered by this section:

OUTPUT & DELIVERABLES

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

3. Scheduling - Schedule Development

Objectives covered by this section:

Input & Data

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

Creating Schedule

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

4. Scheduling - Schedule Maintenance & Controlling

Objectives covered by this section:

Maintain Schedule

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

Output and Deliverables

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

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.

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

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How to study the Planning & Scheduling Professional (PSP) Exam

In general, the education and professional experience of an applicant are the primary sources that prepare the person for the test. As mentioned in the eligibility criteria for the exam, the applicant must have at least 4 to 8 years of industry experience in the field which itself is preparatory material. There are, however, other ways to prepare for the test. AACE itself provides a distant learning opportunity through its website for which applicants can sign up. AACE conducts review sessions and annual meetings in which the participation of an applicant can prove to be very helpful as they will be able to participate and listen to discussions on the topics of planning and scheduling.

Participants must search for the answers to the following questions if they wish to prepare the best for the exam:

• Why is scheduling important?
• Why is planning important?
• What is scheduling?
• What is planning?
• What is a CPM schedule?
• What is a work breakdown structure (WBS) and how is it used?

Furthermore, PSP exam dumps pdf and PSP practice exams are available online, and students are highly encouraged to study those exam dumps as they are the best study materials. As always, We recommend a combination of hands-on experience, completion of the training course, and self-study in the areas described in the Exam Outline section of this exam guide as preparation for this exam. After all sorts of study, test your understanding by taking the PSP practice exams. Hover on to AACE's Website and take a look at study materials provided for the exam. Check for the topics mentioned in the Exam Outline section of this guide to review the online documentation, tip sheets, and user guides and study the details relevant to those topics. Refer to the links at the end of this document for more study material. For further exam self-study materials, refer to the links down below.