AACE PSP study plan
AACE PSP · Give each week a clear focus.
8 weeks · About 7 hours per week
Project Planning
Define each planning input (scope, WBS, calendars, resource and cost basis) in your own words without notes
Build a work breakdown structure for a sample mid-size project down to work-package level with a defensible coding scheme
Distinguish activity, work package, and deliverable and classify 15 sample items correctly
Draft the planning-to-scheduling handoff checklist you would use on a real project
Your checkpoint
A one-page WBS plus coding dictionary for a 40-60 activity sample project, with a written handoff checklist
Project Planning & Scheduling
Sequence the sample project's activities and justify each dependency type chosen (FS, SS, FF, SF)
Assign lags only where physically or contractually justified and document the reason for each
Compute a forward and backward pass by hand on a 15-activity network and record early/late dates and total float
Verify your hand-calculated results against a scheduling tool and reconcile every discrepancy
Your checkpoint
A hand-worked network diagram and float table that matches the software output after reconciliation
Scheduling
Construct a resource-loaded schedule with at least two resource types and identify over-allocations
Apply resource leveling and summarize the resulting date and float impacts
Differentiate critical path, longest path, and near-critical path on your sample and explain where they diverge
Set up calendars and constraints in the tool and list which constraints you would defend to a reviewer
Your checkpoint
A leveled resource-loaded schedule plus a written log of every constraint and calendar assumption used
Scheduling & Schedule Maintenance and Control
Define a baseline and explain what is frozen versus what may change after approval
Design a progress-update cycle including data date, actuals, remaining durations, and out-of-sequence logic handling
Produce a schedule health checklist covering logic, lags, constraints, float, and open ends
Run the health checklist against your sample schedule and score it
Your checkpoint
A documented baseline plus a completed schedule health scorecard for the sample project
Schedule Maintenance and Control
Perform an earned value analysis on your sample using PV, EV, AC, SV, CV, SPI, and CPI
Interpret a forecast method (EAC variants) and state the assumption behind each
Explain how schedule variance in dollars differs from schedule variance in time
Draft the corrective-action narrative you would present when SPI falls below 0.90
Your checkpoint
An EVM summary table with calculations shown and a one-page variance narrative with corrective actions
Schedule Maintenance and Control & Schedule Analysis and Reporting
Compare baseline versus current schedule and quantify changes in dates, logic, and float
Identify and classify delay events as excusable, non-excusable, or compensable with reasoning
Explain time impact analysis and contrast it with a simple as-planned versus as-built comparison
Build a change log linking each schedule revision to its cause
Your checkpoint
A baseline-versus-current comparison report with a delay classification table and change log
Schedule Analysis and Reporting
Design a reporting package for three audiences: executive, project team, and client
Select the right visual for each message (Gantt, S-curve, histogram, float chart) and justify the choice
Write a schedule narrative that states status, forecast, risks, and asks in under one page
Critique two weak schedule reports and list the specific improvements you would make
Your checkpoint
A three-audience reporting package for the sample project including one-page narrative and supporting charts
Project Planning & Scheduling & Schedule Maintenance and Control & Schedule Analysis and Reporting
Assemble a consolidated formula and definitions sheet across all four domains and self-quiz from it
Complete timed practice sets weighted to the front-loaded domains and log error patterns
Re-teach your two weakest concepts aloud or in writing without reference materials
Finalize a test-day strategy covering question triage and calculation checks
Your checkpoint
A consolidated reference sheet, an error-pattern log, and a written test-day strategy
Milestones
Week 2: Hand-computed forward/backward pass matches software output with every discrepancy explained
Week 4: Baseline approved and schedule health scorecard completed with a remediation list
Week 6: EVM metrics computed correctly and delay events classified with written justification
Week 8: Timed practice scores trending upward with error log showing repeated-mistake reduction