If Earned Value is $30,000 and Planned Value is $20,000, what is the Schedule Performance Index (SPI)?

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Multiple Choice

If Earned Value is $30,000 and Planned Value is $20,000, what is the Schedule Performance Index (SPI)?

Explanation:
The Schedule Performance Index measures how efficiently work is being completed relative to the plan by comparing earned value to planned value. It’s calculated as EV divided by PV. If the SPI is greater than 1, you’re ahead of schedule; if it’s 1, you’re on schedule; if it’s less than 1, you’re behind schedule. Here, EV is 30,000 and PV is 20,000, so SPI = 30,000 / 20,000 = 1.5. This means you’re ahead of schedule, since more value has been earned than was planned for the period. The value 1.5 is the correct result.

The Schedule Performance Index measures how efficiently work is being completed relative to the plan by comparing earned value to planned value. It’s calculated as EV divided by PV.

If the SPI is greater than 1, you’re ahead of schedule; if it’s 1, you’re on schedule; if it’s less than 1, you’re behind schedule.

Here, EV is 30,000 and PV is 20,000, so SPI = 30,000 / 20,000 = 1.5. This means you’re ahead of schedule, since more value has been earned than was planned for the period. The value 1.5 is the correct result.

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