WebJul 14, 2010 · The CPI is a measure of the conformance of the actual work completed (measured by its earned value) to the actual cost incurred. The SPI is the ratio of the … WebMar 7, 2024 · A CPI of 1 means you are on budget, a CPI greater than 1 means you are under budget, and a CPI less than 1 means you are over budget. SPI measures how well you are meeting your schedule.
Press Release on CPI for March, 2024 Ministry of Statistics and ...
WebCPI: Cost Performance Index. EV: Earned Value (Dollars, Euros, etc.) AC: Actual Cost (Dollars, Euros, etc.) The interpretation of the calculation is if the CPI value is less than 1, it means that the task is over budget. If the CPI is 1, the task is on budget. Meanwhile, if the CPI value is greater than 1, it shows that the task is under the ... WebSPI and CPI are both greater than 1.0: The project is ahead of schedule and under budget (hooray!) SPI is greater than 1.0 and CPI is less than 1.0: The project is ahead of schedule but over budget. In other words, more tasks have been performed than were scheduled at this point, but the tasks that have been performed are over budget. hisandhersmoney.com/wealthschool
5 - Define the three Earned Value performance Indices SPI, CPI …
WebKnow how to interpret SPI and CPI for situational questions . I think it's worth knowing the general flow of the processes and some of the key outputs. I wrote the exam on July 31 and while it was definately more agile, its still like 35-40% waterfall questions. That's a good portion of the marks. WebThe performance indices express the efficiency related to schedule, cost and both. The SPI = EV/PV and expresses the schedule performance. For and SPI larger than or equal to 1, we have a project which is ahead or on schedule. For an SPI smaller than 1, the project is behind schedule. The CPI = EV/AC and expresses the cost performance. WebMar 7, 2024 · How to interpret CPI and SPI? The CPI and SPI can help you understand how well you are performing in terms of cost and schedule, as well as forecast the future … homestuck haunting refrain