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Planning and Scheduling Professional (PSP) Certification | Exam Preparation Course

$25$800

 

Course Fee: CAD $800

Reserve your seat: $25  Non refundable. To be refunded if the class is cancelled by PMVISION.

Remainder:   $775:  Due one week prior to the start date

Save $20 by paying using Interac etransfer to contact@pmvision.ca

 

Upcoming  PSP Classes:

Sat-Sun Dec 02-03 (9 a.m.- 5 p.m. EST)

Mon-Tue TBA  (9 a.m.- 5 p.m. EST)

Reserve your seat by enrolling now.  Please read our Refund and Cancellation policy

PSP Certification Training | Planning & Scheduling Professional Certification Exam Prep

 

Training Type:     Instructor-Led  Virtual Training..

Fee :                        $800 plus

Duration:              2 days ( 9:00 a.m.- 5:0 0 p.m.)

Options:                 Weekdays (Monday – Tuesday)  OR   Weekends (1 Weekend )

Number of students per session:  Our PSP Exam Prep class sizes are typically 5-8 students per session. Our Earned Value Professional PSP classes are intentionally kept small in order to foster more interaction between the instructor and students. We limit classes to a maximum of six (6) students unless we are teaching a private group, organization or special offers classes.

Special Offers:   Sign up with a friend and save 5% each  – With 2 friends :10%  – 3 friends: 15%

Corporate Training:  Contact us for special rates

 

What is PSP?

The PSP® certification is designed for managers and consultants who want an internationally recognized advanced–level credential in planning & scheduling field. PSP® (Planning and Scheduling Professional) is a certification granted by the Association for Advancement of Cost Engineering (AACE)® to individuals who possess fundamental knowledge and expertise in planning and scheduling.  Association for Advancement of Cost Engineering (AACE)

This PSP Training course helps students to understand the scope of the PSP Certification Examination and prepare for it. A PSP is a skilled planning and scheduling professional with advanced experience in project planning, and developing, monitoring, updating, forecasting and analyzing integrated project schedules.  A PSP is able to communicate effectively with all project stakeholders, both internal and external.

 

Course Objectives:

The focus of this workshop is to prepare attendees for the PSP certificate exam through reviewing subjects and sample questions that will be tested in the exam. Also, individuals who want to obtain a general knowledge about project planning and scheduling Management can significantly benefit from the training. . Upon successful completion of this course, you will be able to:

    • Understanding the Planning & Scheduling principles for Engineering and Construction Projects
    • Learning the techniques of baseline performance management

 

Who should attend PSP exam preparation Training?

This Planning & Scheduling Professional PSP course is intended for professionals in all business enterprises including but not limited to:

  • Those who plan to write the PSP exam and want to minimize study time and speed up the learning process
  • Anyone interested in gaining a basic understanding of Project Planning and Scheduling
  • Planning Engineers
  • Project Cost Control Management
  • Cost Engineer
  • Planning Engineer
  • Project Manager
  • EBP

 

PSP Course Outline

Pre-Requisite: Some knowledge of Planning and Scheduling

Planning

  • What is Planning?
  • Recommended Planning Sequence
  • Roles and Responsibilities of PSP
  • Elements of Project Planning
  • Types of Contracts
  • Common Delivery Model
  • Stakeholders and their influence
  • Constructability Methods
  • Resource Identifications
  • Value Engineering
  • Stakeholder Considerations
  • Project Variables
  • Scope of Work
  • Project Plan
  • Work Breakdown Structure (WBS)
  • Organizational Breakdown Structure (OBS)
  • Cost Breakdown Structure (CBS)
  • Sequencing
  • Review by Stakeholders
  • Estimation
  • Baseline Plan
  • Periodic Forecasts
  • Risk and Recovery Plan

Scheduling

  • Schedule Development
  • Scope of Work
  • WBS/OBS/CBS
  • Schedule Specifications
  • Schedule Model
  • Types of Schedules
  • Activities Type
  • Relationships
  • Calendars
  • Resource Loading
  • Schedule Quality Check
  • Schedule Basis of Documentation
  • Schedule Controlling
  • Project Forecast and Performance
  • Recovery Schedules
  • Revised Baseline Schedules
  • Examples (Calculations)
  • Scenario Based Problems

Schedule Controlling

Project Forecast and Performance

Recovery Schedules

Revised Baseline Schedules

Examples (Calculations)

Scenario Based Problem

 

PS Exam: Eligibility Requirements

  • 8 years industry related experience or
    4 years industry related experience + 4-year industry related college degree
  • Adherence to AACE’s Canons of Ethics

 

Examination Structure

  • 5 hours maximum
  • 119 simple, multiple choice and compound, scenario questions
    • 3 Domains: Basic Planning & Scheduling Knowledge (56 questions)Practical Exercise (29 questions), and Planning & Scheduling Applications (34 questions)
  • 1 Domain: Communication. Comprises of 1 memo writing assignment with a given scenario and instructions for writing a response in an onscreen text box
  • Closed Book
  • Any style, battery operated calculator permitted (not provided by the testing center)

Note:

PSP exam result is not given immediately, as the written portions of the exam (technical paper/memo/essay) must be graded and averaged with your multiple choice exam result.

 

PSP Examination Investment

While AACE membership is not required for certification, members receive the benefit of reduced examination fees.

  • US$500 for members
  • US$625 for non-members
  • US$250 resit fee (member and non-members)

 

Earning the Certification

An overall average score of 70% or higher is needed to pass the exam

The final exam result is arrived by averaging the score of all four domains

Example:
Domain 1: 69% (fail domain) +
Domain 2: 70% (pass domain) +
Domain 3: 65% (fail domain) +
Domain 4: 76% (pass domain)
Sum of domains divided by 4 = average score of 70% (pass the exam)

Please note that it is the policy of the Certification Board, in accordance with AACE International Certification Institute accreditation authority, to release results on a Pass or Fail basis only; therefore, no individual scores will be given.

 

Recertification & Maintenance

PSP certification is valid for 3 years and must be recertified through the accumulation of 12 CEUs in at least two categories or reexamination. Click here to learn more about recertification.

 

Our Planning & Scheduling Professional PSP Instructors

Our long-standing success is based on our instructors bringing real world experience to the classroom and providing engaging, relevant, and high-quality course curriculum. We hire the most qualified, knowledgeable and effective instructors in the industry. All our instructors are PSP Certified. They are dedicated to providing an unmatched learning experience

 

Contact us:

 

 

Related Courses and Training:

PMVISION reserves the right to postpone/cancel an event, or change the location of an event because of insufficient enrollments, instructor illness or force-majeure events.

 

Cancellation & Refund Policy

  • Reserve your seat fee:  Non Refundable. To be refunded if the class is cancelled by PMVISION
  • Reserve your seat is not “transferable”, if you wish to attend the class in anther date, you will have to reserve again
  • In case PMVISION  cancels an event, 100% refund will be paid to the delegate.
  • If the cancellation is done by the delegate within 48 hours of subscribing, 10%  will be deducted as administration fee.
  • If a cancellation is done by a delegate 7 days or more, prior to the event, 20% will be deducted as administration fee.
  • If a cancellation is done by a delegate 7 days or less, prior to the event, no refunds will be made
  • Bookings made at discounted prices ( Including Early Bird Booking) cannot be cancelled.
  • If you will have to travel to attend the course, please don’t make any travel arrangements until we confirm the class. We usually usually confirm the class by emails at least one week prior to the start date.

 

IMPORTANT: We recommend waiting to book any non-refundable travel until 1 week  before the start of class. PMVISION is not responsible for any loss incurred as a result of a canceled class. Please email: contact@pmvision.ca for any additional questions.

Delivery Methods:

  1.  Classroom Training: Downtown Toronto – Mississauga , Scarborough, Ottawa & Montreal.
  2.  Virtual Classroom
  3.  On-Site Training: At your location, anytime , anywhere
  4.  Corporate Training: Special rates for Corporate Training

Group Discount:

We provide special rate for groups :

  • 5% Discount for Group of 2
  • 10% Discount for Group of 3
  • 15% Discount for Group of 4

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