4- Cost Performance Index (CPI), Schedule Performance Index (SPI) -4.pptx

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School of Computing Science and Engineering Course Code: Course Name: Software Project Management Faculty Name: Mr.Anurag Singh Program Name: B.Tech Unit 3 Project Monitoring and Control
Topics to be covered Cost Performance Index (CPI), Schedule Performance Index (SPI)
Schedule Performance Index (SPI) and Cost Performance Index (CPI) allow you to assess the project’s performance. Schedule performance and cost performance are the two most important parameters of your project. SPI and CPI help you analyze the efficiency of any project. Management is always looking at these parameters for any deviations from the baseline. Deviations from the baseline cost a great deal in project management. Therefore, it is important that you understand these concepts well. About
The Schedule Performance Index (SPI) shows how you are progressing compared to the planned project schedule. According to the PMBOK Guide, “The Schedule Performance Index (SPI) is a measure of schedule efficiency, expressed as the ratio of earned value to planned value.” The Schedule Performance Index gives you information on the time efficiency of your project. Schedule Performance Index (SPI)
The Formula for the Schedule Performance Index (SPI) You can find the Schedule Performance Index by dividing Earned Value by Planned Value.

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