Planning and Scheduling Professional (PSP) Exam Preparation Course - AACEI-USA

Planning and Scheduling Professional (PSP) Exam Preparation Course - AACEI-USA

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. This course is suitable for those wishing to complete their training in a short space of time, in preparation for the exam shortly after and will provide participants with a thorough background in the concepts of Planning and Scheduling Engineering and Construction projects. The course addresses how to identify, monitor, and balance information crucial for the successful management of projects. It will discuss the development of a baseline performance management plan (PMP) for the project that will allow the efficient compilation and the timely generation of quantitative performance comparisons. The comparisons highlight significant performance departures (“actual vs. baseline”) and allow for preventive and early remedial and corrective actions

COURSE CONTENT

PLANNING

• A. Planning Development

  • Input and Data

  • Contract Requirements

  • Identification of Stakeholders

  • Constructability Methods

  • Considerations and Constraints

  • Identification of Resources

  • Value Engineering

  • Stakeholder Considerations

  • Project Variables

• B. Planning Product

  • Planning Output and Deliverables

  • Define Scope of Work

  • Define Project Goals

  • Define Project Plan

  • Phase Definition

  • Establish Work Breakdown Structure (WBS)®

  • Establish Organizational Breakdown Structure (OBS)

  • Cost Breakdown Structure (CBS)

  • Sequencing and Phase Relationships

  • Review by Stakeholders

  • Cost Estimate Development

  • Baseline Plan

  • Periodic Forecasts

  • Risk and Recovery Plan

SCHEDULING

• A. Schedule Development

  • Input and Data (from Planning)

  • Define Schedule Scope

  • Breakdown Structures (WBS/OBS/CBS)®

  • Schedule Specification

  • Feedback from Stakeholders

  • Cost Estimate Model

  • Creating Schedule

  • Types of Schedules

  • Activities

  • Durations

  • Relationships

  • Constraints and Calendars

  • Cost/Resource Loading

  • Milestones

  • Schedule Quality Analysis and Compliance Review

  • Schedule Basis Documentation

• B. Schedule Maintenance/Controlling

  • Maintain Schedule

  • Baseline Schedule

  • Tracking Schedule Progress

  • Cost and Resource Management

  • Schedule Change Management

  • Acceleration

  • Schedule Maintenance Feedback

  • Schedule Output and Deliverables

  • Control Level Schedules

  • Variances and Trends

  • Schedule Analysis

  • Schedule Forecasts

  • Constructability Review

  • Progress Reports and Reviews

  • Recovery Schedules

  • Management Summary