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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.
• 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

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

CONSIDERATIONS & CONSTRAINTS

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

2. Planning - PLANNING PRODUCT

Objectives covered by this section:

OUTPUT & DELIVERABLES

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

3. Scheduling - Schedule Development

Objectives covered by this section:

Input & Data

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

Creating Schedule

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

4. Scheduling - Schedule Maintenance & Controlling

Objectives covered by this section:

Maintain Schedule

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

Output and Deliverables

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

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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).

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