Schedule Performance Index (SPI) and Cost Performance Index (CPI) are useful and comparatively simple techniques to help manage a project. In this article, we will introduce and define both measures, including their respective formulas. If you like to calculate the indicators, use our CPI & SPI calculator. WebSPI is calculated if you divide Earned Value by the Planned Value. SPI=EV/PV. The task is behind schedule if SPI is smaller than 1. SPI <1. For example, In this example, SPI is 0.85, …

How to Calculate Schedule Performance Index with Examples

Web7. mar 2024 · Two key indicators of EVM are the cost performance index (CPI) and the schedule performance index (SPI). CPI measures how efficiently you are using your … Web4. mar 2024 · The Formulas. CPI = EV/AC; SPI = EV/PV; ... If a project (at the point where measurements are taken) is under budget and ahead of schedule, both CPI and SPI … kevin foushee twitter

EAC in Project Management: Better Budgeting & Forecasting

Web20. aug 2024 · Schedule Performance Index (SPI) and Cost Performance Index (CPI) are Earned Value Management (EVM) measures for project schedule and cost efficiency respectively. SPI and CPI are used to assess … WebCost Performance Index (CPI) Formula CPI = Earned Value / Actual Cost The Cost Performance Index measures the cost efficiency of the project in utilizing the funds … WebIn the following formula an average of the CPI and SPI are used to extrapolate the final project cost. EAC = AC [(BAC -EV) (CPI x SPI)]. You could also use. READ MORE on … kevin foster rate my professor