![]() ![]() The completed work is equal to the planned work if the SPI is equal to one the project is on schedule.If you have completed less work than planned work if the SPI is less than one.You have completed more work than planned if the SPI is greater than one the project is ahead of schedule. ![]() The completed work is equal to the planned work if the SPI is equal to one the project is on schedule. Schedule Performance Index = (Earned Value) / (Planned Value) You can find the Schedule Performance Index by dividing Earned Value by Planned Value. The Formula for the Schedule Performance Index (SPI) The Schedule Performance Index gives you information on the time efficiency of your project. The Schedule Performance Index (SPI) shows how you are progressing compared to the planned project schedule.Īccording to the PMBOK Guide, “The Schedule Performance Index (SPI) is a measure of schedule efficiency, expressed as the ratio of earned value to planned value.” Once you understand the math, solving questions on the PMP exam will be easy for you. Since these concepts involve mathematical calculations, many aspirants ignore them. Therefore, it is important that you understand these concepts well. Deviations from the baseline cost a great deal in project management. Management is always looking at these parameters for any deviations from the baseline. SPI and CPI help you analyze the efficiency of any project. Schedule performance and cost performance are the two most important parameters of your project. ![]() Schedule Performance Index (SPI) and Cost Performance Index (CPI) allow you to assess the project’s performance. ![]()
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