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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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).
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AACE International AACE-PSP Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Conduct Scheduling Duties | 70% | - Schedule updating, progress measurement and forecasting - Schedule compliance, validation and documentation - Schedule development and calculation (CPM, PDM, PERT) - Resource-constrained scheduling and leveling - Schedule analysis, optimization and what-if scenarios - Schedule risk analysis and contingency planning |
| Topic 2: Communication Competency | - Written analysis and recommendation through memo assignment | |
| Topic 3: Conduct Planning Duties | 30% | - Activity duration estimating techniques - Planning standards, methodologies and best practices - Activity definition, sequencing and logical network development - Resource planning and allocation - Project scope definition and work breakdown structure |
