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SPI and CPI and Variances

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Here is a different project scenarios - pretend for a moment you are the project manager and you are evaluating the most recent data for each project. Look over the data and tell me what the data means and what actions you might consider.
SCENARIO 1:

Cost Variance = -.3
Schedule Variance = -.25
Cost Performance Index = .62
Schedule Performance Index = .91
1) Tell me what this data indicates (100-150 words)

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Solution Summary

Looking at how SPI, CPI, and the variances can be used to bring the project back on budget and to schedule.

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Here are some information for guidelines on what to consider and look at in more depth.

In a project, schedule and budget are crucial because they will determine if you will meet your milestones and your cost target or not.

When you are calculating your Schedule Performance Index (SPI) and Cost Performance Index (CPI) ....1.0 means on schedule and on budget. Anything up ...

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