PSP Certification - Certified Management Accoutant
Planning and Scheduling Professional PSP® Certification
PSP certification recognizes specialists who meet a demanding set of planning and scheduling criteria – a rigorous examination, experience, education and ethical qualifications. PSP requirements reflect the sophistication of individual’s in today’s planning and scheduling industry and fairly measures their knowledge, skills, experience and adherence to best management practices.
To qualify for the PSP you must have at least 8 full years of professional experience, of which up to 4 years may substituted by a college/university degree. Related degrees include but not limited to: engineering, building construction, construction technology, business, economics, accounting, construction management, architecture, computer science, mathematics.
PSP® Certification Review Course
This course is tailored to provide the extensive guideline for those intended to sit for the Planning and Schedule Professional PSP® certification examination.
Who should attend?
This course is intended for professionals in all business enterprises including but not limited to Project Managers, Finance Managers, Human Resource Personals, Accountant, Engineers, Planners, Cost Engineers, Cost Controlling Engineers and Quantity Surveyors.
- AACE’s Planning and Scheduling Certification Study Guide.
- AACE’s Skills & Knowledge of Cost Engineering, 5th Edition.
- AACE’s Total Cost Management Framework
Mode of study
- Class room
Computer Based Testing
- 120 Multiple choice Questions and memo writing
- Exam duration is maximum 5 Hrs.
- Payment: Member- $500/ Non Member – $625.
Chapter 1: Part One:Planning Development:
- Input and data.
- Contract Requirements.
- Identifications of stakeholders.
- Construct ability methods
- Considerations and constraints.
- Identifications of resources.
- Value engineering.
- Stakeholder consideration.
- Project variables.
Chapter 1: Part Two:Planning Product
- Planning outputs and deliverable.
- Define scope of work
- Define project goals.
- Define Project plans.
- Phase definitions.
- Establish work break down structure (WBS).
- Establish organizational breakdown structure (OBS).
- Cost break down structure (CBS).
- Review by stakeholders.
- Cost estimate development.
- Baseline plan
- Periodic forecasts.
- Risk and Recovery plan.
- Sequence and phase relationship.
Chapter 2:Part One: Schedule development
- Input and data (from planning).
- Define schedule scope.
- Break down structure.
- Schedule specifications.
- Feedback from stakeholders.
- cost estimate module.
- creating schedule.
- Types of schedules.
- Constraints and calendars
- Cost / resource loading.
- Schedule basis documentation
- Schedule quality analysis and compliance review
Chapter 2:Part Two: Schedule Maintenance / controlling
- Maintain schedule.
- Baseline schedule
- Tracking schedule progress.
- Cost and resources management
- Schedules change management.
- Schedule maintenance feedback
- Schedule output and deliverable.
- Control level schedules.
- Variances and trends.
- Schedule analysis.
- Schedule forecasts.
- Recovery schedules.
- Management summary.
- Progress reports and reviews.
- Construct ability review