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What is your assessment about a program with a Schedule Performance Index of 1.1?
Wiki User
∙ 10y ago
The contractor is accomplishing the work more efficiently than expected. The SPI is > 1.
Janessa Nikolaus
Wiki User
∙ 10y agoThe contractor is accomplishing the work more efficiently than expected.
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What is your assessment about a program with a schedule performance index of 1.1.?
The contractor is accomplishing the work more efficiently than expected.
What is your assessment about a program with a Schedule Performance Index (SPI) of 1.1?
The contractor is accomplishing the work more efficiently than expected. The SPI is > 1.
What is your assessment about a program with a Cost Performance Index of 0.65?
65% complete is the wrong answer
What is your assessment about a program with a Cost Performance Index CPI of 0.65?
The project is costing more than expected, and the contractor may need additional funds.
What is your assessment about a program with a Cost Performance Index (CPI) of 0.65?
The project is costing more than expected, and the contractor may need additional funds.
How does earned value give a clearer picture of project schedule and cost status than a simple plan vs actual system?
If the cost performance index (CPI) > 1 then the project is on schedule or ahead of schedule, otherwise, it's behind schedule. If the schedule performance index (SPI) >1 then the project is on or ahead of schedule, otherwise it's behind schedule. Note: This is a duplicate question, but I've answered it twice.
What is earned value?
EVM is a technique to monitor/track projects. EVM has 2 important index statistics: CPI and SPI. CPI is the cost performance index, and if it's >= 1 it means that the project is OK with the budget, if it's < 1, it means that the project is over-budget. SPI is the schedule performance index, and if it's >=1 it means that the project is on schedule or ahead of schedule, if it < 1, it means that the project is behind schedule.
What does SPI mean?
SPI, in Project Management Terms, is short for Schedule Performance Index. It's an indicator on whether the Project is on Schedule (SPI = 1), Ahead of Schedule (SPI > 1), or behind Schedule (SPI < 1).
What is SPI in project management?
SPI stands for Schedule Performance Index. SPI is a measure of the schedule efficiency of a project calculated by dividing earned value (EV) by planned value (PV).
Is the ratio of earned value to planned value?
The Ratio of Earned Value to Planned Value is called the Schedule Performance Index. SPI = EV/PV
4) The following data is received from your contractor Budgeted Cost of Work Performed (BCWP) 400 Cost Performance Index (CPI) 1.0 Budgeted Cost of Work Scheduled (BCWS) 500 Schedule Performance Index?
EAC LOW$950? EAC HIGH $1000.00
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