Narrative:

We took off from runway 05 at pvd with a clearance to 3000 ft passing 2000 ft we were given a heading to 270 degrees and a traffic call at 4000 ft at our 1 O'clock. While raising the flaps/slats, turning and leveling off we received a TA for the traffic. I was looking outside for the traffic while the copilot who was the PF was leveling off. When I looked inside the cockpit (copilot had the traffic in sight) we had climbed to 3400 ft. I said 'watch your altitude' and we went right back to 3000 ft. The traffic passed above and behind us to our right.

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Original NASA ASRS Text

Title: ALTDEV ALT OVERSHOT.

Narrative: WE TOOK OFF FROM RWY 05 AT PVD WITH A CLRNC TO 3000 FT PASSING 2000 FT WE WERE GIVEN A HDG TO 270 DEGS AND A TFC CALL AT 4000 FT AT OUR 1 O'CLOCK. WHILE RAISING THE FLAPS/SLATS, TURNING AND LEVELING OFF WE RECEIVED A TA FOR THE TFC. I WAS LOOKING OUTSIDE FOR THE TFC WHILE THE COPLT WHO WAS THE PF WAS LEVELING OFF. WHEN I LOOKED INSIDE THE COCKPIT (COPLT HAD THE TFC IN SIGHT) WE HAD CLBED TO 3400 FT. I SAID 'WATCH YOUR ALT' AND WE WENT RIGHT BACK TO 3000 FT. THE TFC PASSED ABOVE AND BEHIND US TO OUR R.

Data retrieved from NASA's ASRS site as of July 2007 and automatically converted to unabbreviated mixed upper/lowercase text. This report is for informational purposes with no guarantee of accuracy. See NASA's ASRS site for official report.