What does the Schedule Performance Index SPI say about the project quizlet?
1) PM's Bottom-up Show 2) Based on budgeted value 3) Based on the CPI 4) Based on the SPI and CPI Recommended textbook solutionsEssentials of Investments9th EditionAlan J. Marcus, Alex Kane, Zvi Bodie 689 solutions Fundamentals of Financial Management, Concise Edition10th EditionEugene F. Brigham, Joel Houston 777 solutions
Accounting: What the Numbers Mean9th EditionDaniel F Viele, David H Marshall, Wayne W McManus 338 solutions
Century 21 Accounting: General Journal11th EditionClaudia Bienias Gilbertson, Debra Gentene, Mark W Lehman 1,009 solutions Recommended textbook solutions
Century 21 Accounting: General Journal11th EditionClaudia Bienias Gilbertson, Debra Gentene, Mark W Lehman 1,009 solutions
Essentials of Investments9th EditionAlan J. Marcus, Alex Kane, Zvi Bodie 689 solutions Intermediate Accounting14th EditionDonald E. Kieso, Jerry J. Weygandt, Terry D. Warfield 1,471 solutions Financial Accounting4th EditionDon Herrmann, J. David Spiceland, Wayne Thomas 1,097 solutions Recommended textbook solutions
Fundamentals of Financial Management, Concise Edition10th EditionEugene F. Brigham, Joel Houston 777 solutions
Intermediate Accounting14th EditionDonald E. Kieso, Jerry J. Weygandt, Terry D. Warfield 1,471 solutions
Fundamentals of Financial Management14th EditionEugene F. Brigham, Joel F Houston 845 solutions Financial Accounting4th EditionDon Herrmann, J. David Spiceland, Wayne Thomas 1,097 solutions What does the schedule Performance Index SPI say about the project?The schedule performance index (SPI) is a measure of the conformance of actual progress (earned value) to the planned progress: SPI = EV / PV. In both of the above formulas, a value of 1.0 indicates that the project performance is on target.
What does the SPI tell you?“The Schedule Performance Index (SPI) is a measure of schedule efficiency, expressed as the ratio of earned value to planned value.” At the core, the SPI gives insight into the accuracy of the predicted schedule compared to the actual schedule of the project.
How do you interpret your project when the schedule Performance Index SPI value of the project is less than one SPI 1?If SPI is less than 1 then project is behind schedule. If CPI is greater than 1 then project is under budget. If SPI is greater than 1 then project is ahead of schedule. If CPI is equal to 1 then project is on estimated budget.
How do you interpret SPI in project management?If the ratio has a value higher than 1 this indicates the project is progressing well against the schedule. If the SPI is 1, then the project is progressing exactly as planned. If the SPI is less than 1 then the project is running behind schedule.
|