1 - Problem#2 Month 5 Actual Cost AC 34,000 Planned Cost PV...

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Problem #2 Month 5 Actual Cost Planned Cost Value Completed AC PV EV 34,000 42,000 39,000 Cost CV = EV - AC 39,000-34,000= 5,000 CPI = EV/AC 39,000/34,000= 1.15 Schedule SV = EV - PV 39,000 - 42,000 = - 3,000 SPI = EV/PV 39,000/42,000=.93 SPI = EV/PV Schedule Performance Index = (Earned Value)/(Planned Value) If the SPI is greater than one, this means more work has been completed than the planned work. In other words, you are ahead of schedule. If the SPI is less than one, this means less work has been
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Unformatted text preview: completed than the planned work. In other words, you are behind schedule. • If the SPI is equal to one, this means all work is completed • • Cost Performance Index (CPI) • Cost Performance Index = (Earned Value)/(Actual Cost) • CPI = EV/AC • • • If the CPI is less than one, you are earning less than the spending. In other words, you’re over budget. • If the CPI is greater than one, you are earning more than the spending. In other words, you are under budget. • If the CPI is equal to one, this means earning and spending are equal. You can say that you are proceeding exactly as per the planned budget spending, although this rarely happens....
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  • Spring '13
  • Fisher
  • Earned schedule, Cost Performance Index, performance index

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