How to prepare for a PSP Exam

1. Download the Recommended Practice 14R-90: Responsibility and Required Skills for a Project Planning and Scheduling Professional from the web site www.aacei.org. You can directly get the file from here. Go through the document and see if you know all the areas covered in the document.
2. Get the CD “PSP Certification Study Guide“ that covers the areas as in the exam and also gives a list of reference  and sample questions with answers.You can get a copy from the AACE Bookstore.
3. You need have an understanding of cost engineering, contract management and project management. So it is advisable to become an AACE member. This will allow you to get the books at a discount. AACE offers a special membership rate for Indians.
4. Manually work out the CPM/PERT examples from any book or project schedule you have prepared using Primavera or Microsoft Project using 10 to 15 activities.  Use different calendars and also review delay and acceleration by cost loading the CPM/PERT

Exam Structure

PART I-80 questions-Answer all questions.

PART II-6 scenarios with 8 questions each-Choose 5 of the 6 scenarios and answer all questions.

PART III-40 questions-Answer all questions.

PART IV-Written communication-Write a memorandum to satisfy a notional situation.

You must earn a combined score of at least 70% in Parts I, II, and II to meet one of the criteria for getting PSP certified.

Part IV of the certification examination requires no defined preparation and is designed to evaluate your experience in understanding and analyzing a typical planning and scheduling situation. Following the evaluation of the scenario you must compile a comprehensive evaluation, consider alternative solutions, and prepare a recommendation for a superior to use in making a decision. The product is a hand-written memorandum with a maximum length of three pages, which would be the equivalent of a one-page typed memorandum. For this pass-fail section of the exam, the candidate must pass in order to earn PSP certification.

To find out about our PSP course get in touch with us.

Advertisement