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
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