WebMay 18, 2024 · The CPI formula is: Cost Performance Index (CPI) = Earned Value (EV) / Actual Cost (AC) CPI = EV / AC. If the CPI calculation is: Equal to 1: The project is on budget. Less than 1: The project is ... Web15.5 Schedule Performance Index. Schedule Performance Index (SPI) is defined as follows: SPI = 1.0: If SPI is equal to 1.0, the EV is equal to the PV. In other words, the contractor is …
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