Status report
These three values should be first determined in order to know about the Schedule Variance (SV), Cost Variance (CV), Schedule Performance Index (SPI) and Cost Performance Index (CPI) (Project Management).
Business » 183868
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Analysis
Value to cost (AC) is Cost Performance Index Cost Performance Index= 20,000/25,000= 0.8 The ratio of Earned Value to plan (PV) is Schedule Performance Index Schedule Performance Index= 20,000/23,000= 0.87 b.
Computer Science / Computer Systems Organization / Performance of Systems » 41868
Combination of Project Management and Earned Value Management
Schedule performance index (SPI) begin{align} SPI = {EVover PV} end{align} SPI greater than 1 is good/favourable (ahead of schedule).
Business / Business Management / Project Management » 605522
Using Earned Value to Determine Status
Project Status Report: The updated status report of the project by using earned value measurements is discussed below - Earned Value Management (EVM).
Business / Finance / Capital Budgeting / Capital Budgeting Ratios / Profitability Index (PI) » 510336
Calculate the CPI, SPI, CSI, and the ETC and EAC
Index (SPI) The schedule efficiency ratio of earned value accomplished against planned value (SPI = EV/PV).
Business / Business Management » 92621
Earned Value Management - Earned Value(EV), Planned Value (PV), Actual Cost (AC) These are the tools to arrive at the correct position of any project as to the completion, expenditure incurred or further funds needed to be invested, and above all analyze critically where, and how the things went wrong.
- Schedule performance index (SPI) = Earned value (EV) / Planned value (PV) Cost Performance Index/ Cost Efficiency (CPI): is the ratio of the sanctioned budget for work performed to what actually spent for the work.
Business / Business Math / Managerial Statistics » 491666
Earned Value Analysis-Spending variance, Schedule variance, Schedule Performance Index (SPI) , Cost Performance Index (CPI)
107890 Earned Value Analysis-Spending variance, Schedule variance, Schedule Performance Index (SPI) , Cost Performance Index (CPI) Earned Value Analysis-Spending variance, Schedule variance, Schedule Performance Index (SPI) , Cost Performance Index (CPI
Business / Business Management / Project Management » 107890
Given the following information for a one-year project, answer the following questions: Recall that PV is the planned value, EV is the earned value, AC is the actual cost, and BAC is the budget at completion. PV = $23,000; EV = $20,000; AC = $25,000; BAC - $120,000 What is the cost variance, schedule variance, cost performance index (CPI), and schedule performance index (SPI) for the project? How is the project doing? Is it ahead of schedule or behind schedule? Is it under budget or over budget? Use the CPI to calculate the estimate at completion (EAC) for this project. Is the project performing better or worse than planned? Use the schedule performance index (SPI) to estimate how long it will take to finish this project.
Use the schedule performance index (SPI) to estimate how long it will take to finish this project. What is the cost variance, schedule variance, cost performance index (CPI), and schedule performance index (SPI) for the project?
Business / Business Management / Project Management » 438983
IT Project Management
CPI < 1.0 means that the task is over budget CPI = $100,000/$90,000 = 1.111 - UNDER BUDGET SPI (Schedule Performance Index) ? SPI=EV/PV ? schedule efficiency ratio of earned value accomplished against the planned value ?
Business / Business Management / Project Management » 258691
Word Problem
SPI: Schedule Performance Index SPI=BCWP/BCWS = 1.0421 =$272,000 / $261,000 SPI<1 means project is behind schedule CPI: Cost Performance Index CPI= BCWP/ACWP 1.0074 =$272,000 / $270,000 CPI<1 means project
Business / Business Management / Project Management » 107526